Kentwood Michigan Real Estate Market Report Jan – March 2012

Kentwood Michigan Real Estate Market Jan-Mar 2012

Kentwood Michigan is a large suburb south east of Grand Rapids,

population under 50,000. It has manufacturing, shopping centers, and

lots and lots of residential housing. Kentwood Public Schools are one

of the largest school systems in the area with over 9000 students and

16 buildings within a 24.25 square mile area.

hellebore

2012 First Quarter Real Estate Market Activity

Kentwood Current Listings = 240

Average Sale price – $103,891

Average Time on Market = 74-92 days

Average Sold Price/Sq Ft = $ 72.89

Absorption Rate = 3 months

The average home is selling in Kentwood for just over $100,000,

though there were 9 sales over $140,000, the majority are in

the $90-120K range.  The time on the market and the Absorption

rate are both close to 3 months.  With an average of 80 homes

a month selling for the first quarter, real estate is moving in Kentwood.

SEARCH for Kentwood Michigan Homes

More Kentwood Michigan Articles:

SEARCH for Bank Owned – Short Sale Kentwood Homes

Kentwood Michigan Real Estate Market Reports

Real Estate is always hyper-local. If you have questions about

any Kentwood home, please contact Terry.

Copyright 2012 All rights reserved

____________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. We believe: Grand Rapids is a Great Place to Live!

ar125812212017642 Kentwood Michigan Real Estate Market Report Jan Dec 2011 ar125812218972939 Kentwood Michigan Real Estate Market Report Jan Dec 2011 ar125812225271331 Kentwood Michigan Real Estate Market Report Jan Dec 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM