Kentwood MI Top Best Buy Homes Sept 2009

Kentwood MI Top Best Buy Homes Sept 2009

We have gathered a list of the Top Best Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Please note: We will not be including Short Sale Properties

in our lists of Top Best Buys, if stated on MLS.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest prices/Sq Ft range from $30.11to $69.90 n

Kentwood this month.

Homes on the list this month are still at bargain prices, with

most less than $70 a square foot.

Kentwood &  Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas.  Nearly half of

the homes we researched this month were short sale properties

that will be coming on the market in the next 6-9 months as

foreclosure sales.

Short Sales are extremely difficult for most home buyers to

consider as a purchase.  The time alone [3-9 months] of negotiating

with the banks makes it impossible for most buyers to consider.

September  2009  20  TOP BEST BUYS in  Kentwood Homes

The lowest list price is $48,800

the highest list price is $179,900

Top Kentwood Homes to Buy by Price per Square Foot:

5545 Kalamazoo Ave   $48,800     848  Sq Ft    $57.55/SqFt

150  58th St SE           $59,900     1007 Sq Ft   $59.48/SqFt

5444 Eastern Ave       $59,900      976 SqFt    $61.37/SqFt

4705 Grantwood Ave  $61,000   1454 Sq Ft    $41.95/SqFt

2102 68th St SE          $65,600    2179 Sq Ft   $30.11/SqFt

36 58th St SE          $69.900    1540 Sq Ft    $67.21/SqFt

5891 Pine Vista St    $69,900     1269 Sq Ft    $55.08/SqFt

1124 Wavell St SE      $69,900   1000 Sq Ft   $69.90/SqFt

5916 Pine Vista St    $79,900     1152 Sq Ft   $69.36/SqFt

293 68th St SE         $79,900    1152 Sq Ft   $69.36/SqFt

1582 Marwood Dr     $84,900    2047 SqFt   $62.24/SqFt

5900 Brookfarm Dr    $84,900   1416 Sq Ft   $59.96/SqFt

439 Pine Place St      $99,850    1750 Sq Ft   $57.06/SqFt

110 Lurie St SE          $104,900   1627 Sq Ft   $64.47/SqFt

1024 52nd St SE        $115,900   1932 Sq Ft  $59.99/SqFt

5800 Buchanan Ave  $139,784    2073 Sq Ft  $67.43/SqFt

5848 Valley Lane Dr   $139,900   2073 Sq Ft  $68.38/SqFt

4546 Torrington Dr    $169,900   2736 Sq Ft  $62.10/SqFt

116 Edsel St St          $ 179,900   3128 Sq Ft  $62.51/SqFt

4533 Middlebury Dr    $179,900   3050 Sq Ft  $61.27SqFt

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

All information is subject to verification & no liability for

omission or error is assumed.

_____________________________________________

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. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

ar125812212017642 Forest Hills Public Schools Top State of Michigan  Rankings ar125812218972939 Forest Hills Public Schools Top State of Michigan  Rankings ar125812225271331 Forest Hills Public Schools Top State of Michigan  Rankings

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM


Kentwood Michigan – Crystal Springs Neighborhood Real Estate Market Report Aug 2009

Kentwood Michigan  – Crystal Springs Neighborhood Real Estate Market Report Aug 2009

Crystal Springs Development in Caledonia, Michigan is a large,

residential suburban housing development that was started in the late 1980’s.

Most construction was finished in the 1990’s although some newer homes

have been built since 2000. There are also a few vacant lots left to develop.


This development covers a large area around the Stonewater Golf Course

at Crystal Springs south of 68th Street to 72nd Street and encompassing

Kalamazoo Avenue on the east and west.  This development has single

family homes and condos, many located right on the Stonewater Golf Course.

The public school system is Kentwood, even though the address is Caledonia.


Crystal Springs is close to the shopping plaza at 68th and Kalamazoo,

Kentwood High School, and a short hop to M-6, which is the south beltline for

the Greater Grand Rapids area connecting US 131 on the west and I96 on the

east side of the city.

Kentwood High School

August 2009 Real Estate Residential Market Report

Crystal Springs Neighborhood


Active Listings: 23 Active Listings

Average Price: $252,374

Price per Sq Ft: $105.83 (Main Floor only)

Average days on the Market: 172

PENDING: 6 homes

SOLD: 12 Sold Homes

Average Price: $ 245,825

Average Price Per Sq Ft: $ 95.77 (Main floor only)

Average Days on the Market: 155


Absorption Rate for Crystal Springs Listings is 5 months for the

current housing inventory. If no other homes enter the market,

it will take 5 months for the current homes to sell at the current

rate of sales.

Crystal Springs Homes that are priced competitively are selling.

As you can see by the statistics, the homes that have their price

per square foot around $100 are selling.

Sales have started to rebound in this neighborhood from last

year’s abysmal rates.  Prices remain steady and haven’t fallen

this summer.

Watermark CC purchases Crystal Springs GC

Crystal Springs GC has a new look & a new name

Caledonia Michigan Real Estate Reports

Kentwood Michigan Real Estate Reports

If you would like additional information about Caledonia

or Kentwood Homes, please contact me directly at

1-888-240-1968 ext 0

___________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

ar125812212017642 Forest Hills Michigan Top Best Buy Homes Jan 2011 ar125812218972939 Forest Hills Michigan Top Best Buy Homes Jan 2011 ar125812225271331 Forest Hills Michigan Top Best Buy Homes Jan 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Copyright 2009     All rights reserved

Top Best Buy Homes Kentwood Michigan ~ August 2009

We have gathered a list of the Top Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest prices/Sq Ft range from $30.19 to $64.47 in

Kentwood this month.

Homes on the list this month are still at bargain prices, with

most at less than $60 a square foot.

Kentwood &  Wyoming have been hit hard by the automotive

shutdowns  and subsequent job losses in these areas.

If you can afford to buy a home, fix it up and live in it for

10-15 years, you should be able to build equity.

August  2009  26 Top BEST BUYS in  Kentwood Homes

The lowest list price is $26,000

the highest list price is $189,900

Top Kentwood Homes to Buy by Price per Square Foot:

125 Nancy St SE       $26,000     768  Sq Ft    $33.85/SqFt

114 71st St SW        $30,900     864 Sq Ft     $35.76/SqFt

1234 52nd St SE      $50,000     1656 SqFt    $30.19/SqFt

126 Dunkirk St SE    $54,900       912 Sq Ft     $60.20/SqFt

320 Nora St SE        $57,900     1048 Sq Ft   $55.25/SqFt

 

3685 Giddings Ave   $59,900    1470 Sq Ft   $40.75/SqFt

220 Majestic St SE   $59,900    960 Sq Ft     $62.40/SqFt

5443 Claudia Ave     $59,900   975 Sq Ft     $61.44/SqFt

176 56th St SW       $65,000   1465 Sq Ft    $44.37/SqFt

331 Nora St SE        $69,900   1370 Sq Ft    $51.02/SqFt

 

2102 68th St SE        $73,800    2179 Sq Ft   $33.87/SqFt

980 68th St SE          $74,900    1164 Sq Ft    $64.35/SqFt

68 Nancy St SE          $74,900     1368 Sq Ft   $54.75/SqFt

5459 Greenboro Dr   $77,500      1900 Sq Ft   $57.11/SqFt

5891 Pine Vista St    $79,900     1269 Sq Ft    $62.96/SqFt

 

5818 Pinetree Ave     $81,900   2200 Sq Ft   $37.23/SqFt

3394 32nd St SE        $85,000     1696 Sq Ft   $50.12/SqFt

835 Pembroke St SE   $89,900    1508 Sq Ft   $59.61/SqFt

1929 68th St. SE       $90,000    1476 Sq Ft   $60.98/SqFt

5393 Newcastle Dr     $90,000    2696 Sq Ft   $50.53/SqFt

 

439 Pine Place St        $99,850    1750 Sq Ft   $57.06/SqFt

110 Lurie St SE          $104,900   1627 Sq Ft   $64.47/SqFt

2528 Mapleview Ct    $119,900    1992 Sq Ft  $60.19/SqFt

1024 52nd St SE        $122,900   1932 Sq Ft  $63.61/SqFt

4675 Brooklyn Ave     $134,900   2817 Sq Ft  $63.78/SqFt

4533 Middlebury Dr    $189,900   3050 Sq Ft  $62.26/SqFt

 

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

 

Kentwood Michigan Real Estate Blogs

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

All information is subject to verification & no liability for

omission or error is assumed.

Top Best Buy Homes Kentwood Michigan ~ July 2009

We have gathered a list of the Top Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest prices/Sq Ft range from $37.63 to $57.06 in

Kentwood this month.

Homes on the list this month are still bargain

prices at an average price of less than $50 a square foot.

Kentwood &  Wyoming have been hit hard by the automotive

shutdowns  and subsequent job losses in these areas.

 

July  2009  18 Top BEST BUYS in  Kentwood Homes

The lowest list price is $44,900

the highest list price is $125,000

Top Kentwood Homes to Buy by Price per Square Foot:

 

1509 Kendall St         $54,900     1500 Sq Ft    $51.26/SqFt

3685 Giddings Ave     $69,900    1470 Sq Ft   $47.55/SqFt

320 Nora St SE           $57,900     1048 Sq Ft   $55.25/SqFt

2705 Ridgemoor Dr    $ 60,000    1505 Sq Ft   $39.87/SqFt

68 Nancy St SE           $74,900     1368 Sq Ft   $54.75/SqFt

 

3394 32nd St SE        $85,000     1696 Sq Ft   $50.12/SqFt

5034 Marwood Ct       $84,000     1968 Sq Ft   $42.68/SqFt

5393 Newcastle Dr     $90,000    2696 Sq Ft   $50.53/SqFt

439 Pine Place St        $99,850    1750 Sq Ft   $57.06/SqFt

5818 Pinetree Ave     $89,900   2200 Sq Ft   $40.86/SqFt

 

5733 Averill Ave SW  $44,900     1096 Sq Ft   $40.97/SqFt

5772 Crippen Ave      $49,900     1200 SqFt    $41.58/SqFt

2102 68th St. SE       $82,000    2179 Sq Ft   $37.63/SqFt

3750 Breton Rd SE    $79,500    1651 Sq Ft   $48.15/SqFt

2540 Mapleview St    $89,900    1582 Sq Ft   $56.83/SqFt

 

972 Bellewood Dr     $118,500    2511 Sq Ft  $47.19/SqFt

1329 Meadowlane   $119,900    2192 SqFt    $54.70/SqFt

2237 Bentbrook Ct  $125,000    2772 Sq Ft   $45.09/SqFt

 

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

All information is subject to verification & no liability for

omission or error is assumed.

Kentwood Michigan Real Estate Market Report ~ June 2009

Kentwood Michigan is a large suburb of Grand Rapids with a 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.

Kentwood high school kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing a small price erosion from last month’s figures,

again this month, though the spring activity is high.  Foreclosures are

still affecting the average market price here as Grand Rapids has seen

jobs disappear.

The homes under $ 150K in Kentwood are seeing about 70% of  the

overall sales of Kentwood homes.  The homes over $150K may be

priced too high for today’s timid buyers (many of them think prices

will erode still further) or it could be condition.  Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity.  And if you still have the light blue carpeting,

you will need to upgrade or lower your price if you want to see a

sold sign this year.

In 2006, Kentwood has 495 home sales:avg sold price:$159,788

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 462 home sales: avg sold price:$ 102,268

 

Home sales for Kentwood – Up to $149,999:

150 Active Listings with Avg price $ 126,875

139 sold since January 2009

66 Pending sales

Avg sold price   $96,722

Avg Days on Market – 88

 

Home sales for Kentwood$150,000 UP:

74 Active Listings with avg price of $ 189,463

25 sold since January 2009  Low: $150,000  High: $925,000

7 Pending Sales

Avg sold price $150K+  $204,449

Avg Days on Market – 143

66 Expired Listings with Avg DOM of 192 days

 

Kentwood Absorption Rate for this price range is 5.67 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 5.67 months to sell the active listed

homes). This is down from last month, which is good news, though

the average prices on the lower end are still going down.  I would

assume this is due to bank foreclosures and short sales which have

driven down home price averages for most of Kentwood.

 

Kentwood Michigan Top Best Buy Homes June 2009

Kentwood Michigan Absorption Report May 2009

 

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

a specific Kentwood home, please contact me:

phone: 1-888-240-1968 ext 0

or email: Terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Best Buy Homes Kentwood Michigan June 2009

We have gathered a list of the Top Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest prices/Sq Ft range from $25.25 to $55.93 in

Kentwood this month.

Homes on the list this month are still bargain

prices.   Kentwood & Wyoming have been hit hard by the

automotive shutdowns and subsequent job losses.

June  2009  BEST BUYS in  Kentwood Homes

The lowest list price is $34,900

the highest list price is $103,900

Top Kentwood Homes to Buy by Price per Square Foot:

6654 Andale SW       $ 60,000     1548 Sq Ft   $48.08/SqFt

2261 76th St SE        $ 49,900      1620 Sq Ft   $30.80/SqFt

6410 College Ave SE $ 90,000    1760 Sq Ft    $51.14/SqFt

1509 Kendall St         $59,900     1500 Sq Ft    $55.93/SqFt

 

3685 Giddings Ave     $69,900    1470 Sq Ft   $47.55/SqFt

1681 52nd St SE        $ 34,900    1382 Sq Ft   $25.25/SqFt

35  Maplelawn St SE  $ 39,900     792 Sq Ft    $50.38/SqFt

311 Nora St SE           $44,000     960 Sq Ft     $45.83/SqFt

 

2705 Ridgemoor Dr    $ 60,000    1505 Sq Ft   $39.87/SqFt

68 Nancy St SE           $74,900     1368 Sq Ft   $54.75/SqFt

1612 Sunny Creek      $82,500     2367 Sq Ft   $56.51/SqFt

3394 32nd St SE        $85,000     1696 Sq Ft   $50.12/SqFt

 

5034 Marwood Ct       $89,000     1968 Sq Ft   $45.12/SqFt

5393 Newcastle Dr     $90,000    2696 Sq Ft   $50.53/SqFt

439 Pine Place St        $99,850    1750 Sq Ft   $57.06/SqFt

1049 Springwood Dr  $99,900    2200 Sq Ft   $45.41/SqFt

 

5818 Pinetree Ave     $103,900   2200 Sq Ft   $47.23/SqFt

5713 Haughey Ave     $ 35,900   768  Sq Ft     $46.74/SqFt

5733 Averill Ave SW  $49,900     1096 Sq Ft   $45.53/SqFt

5772 Crippen Ave      $56,900     1200 SqFt    $47.42/SqFt

 

5810 Averill Ave         $64,000    1306 Sq Ft   $49.00/SqFt

5706 Averill Ave         $69,400    1350 Sq Ft   $51.41/SqFt

 

 

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

All information is subject to verification & no liability for

omission or error is assumed.

Kentwood Michigan Absorption Report ~ May 2009

Kentwood Michigan Real Estate Market Report ~ May 2009

Kentwood Michigan is a large suburb of Grand Rapids with a 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.

Kentwood high school kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing a small price erosion from last month’s figures,

again this month, though the spring activity is high.  Foreclosures are

still affecting the average market price here as Grand Rapids has seen

jobs disappear.

The homes under $ 150K in Kentwood are seeing 5-6 times the

sales of the homes over $150K.  The homes over $150K may be

priced too high for today’s timid buyers (many of them think prices

will erode still further) or it could be condition.  Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity.  And if you still have the light blue carpeting,

you will need to upgrade or lower your price if you want to see a

sold sign this year.

In 2006, Kentwood has 495 home sales:avg sold price:$159,788

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 335 home sales: avg sold price:$97,340

 

Home sales for Kentwood$70,000 to $149,999 price range:

142 Active Listings with Avg price $ 126,875

77 sold since January 2009

38 Pending sales

Avg sold price $70K-150K  $110,473

Avg Days on Market – 88

 

Home sales for Kentwood$150,000 to $400,000 price range:

86 Active Listings with avg price of $ 182,999

12 sold since January 2009

6 Pending Sales

Avg sold price $151K-400K  $176,707

Avg Days on Market – 129

50 Expired Listings with Avg DOM of 129 days

 

Kentwood Absorption Rate for this price range is 8.5 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 8.5 months to sell the active listed

homes). This is down from last month, which is good news.

 

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

a specific Kentwood home, please contact me:

phone: 1-888-240-1968 ext 0

or email: Terry@terrywestbrook.com

Grand Rapids Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Top Home Buys Kentwood Michigan ~ May 2009

We have gathered a list of the Top Kentwood Home

Buys.  Please note: This list can change daily as some

homes sell, prices are  adjusted and other  homes come

on the market. The homes listed below are probably

dated and would need updating with new carpeting,

paint, and kitchen-bath redos at a minimum to bring

them to current market standards. They might need major

repair work done, such as new roofs & mechanicals.

*Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition.*

kentwood mi top best buys in homes 3-09

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot.  The

lowest price/Sq Ft range from $26.26 to $56.82 in

Kentwood this month. 

Two fewer homes on the list this month but still bargain

prices.   Kentwood & Wyoming have been hit hard by the

automotive shutdowns and subsequent job losses.

 

May  2009  BEST BUYS in  Kentwood

The lowest list price is $29,900

the highest list price is $103,900

 

Top Kentwood Homes to Buy by Price per Square Foot:

 

50 Hyacinth St SW     $ 29,900      740 Sq Ft   $40.41/SqFt

213 Marcus St SW     $ 69,900     1446 Sq Ft  $48.34/SqFt

145 Roth St SE          $ 36,000     1371 Sq Ft   $26.26/SqFt

6654 Andale SW       $ 70,000     1548 Sq Ft   $56.09/SqFt

 

6410 College Ave SE $100,000    1760 Sq Ft    $56.82/SqFt

3685 Giddings Ave     $79,900    1470 Sq Ft   $54.35/SqFt

56 58th St SE             $35,200     922 Sq Ft   $38.18/SqFt

4850 Raymond SE      $37,800    1000 Sq Ft  $37.80/SqFt

 

35  Maplelawn St SE  $ 39,900     792 Sq Ft    $50.38/SqFt

1234 52nd St SE        $ 50,000    1656 Sq Ft   $30.19/SqFt

2705 Ridgemoor Dr    $ 60,000    1505 Sq Ft   $39.87/SqFt

1824 Gerda  St          $84,900     1874 Sq Ft   $53.94/SqFt

 

3394 32nd St SE        $85,000     1696 Sq Ft   $50.12/SqFt

2540 Mapleview St     $89,900    1582 SqFt    $56.83/SqFt

5393 Newcastle Dr     $90,000    2696 Sq Ft   $50.53/SqFt

1049 Springwood Dr  $99,900    2200 Sq Ft   $45.41/SqFt

 

5277 Christie Ave      $99,900    1980 Sq Ft    $50.45/SqFt

5818 Pinetree Ave     $103,900   2200 Sq Ft   $47.23/SqFt

5733 Averill Ave SW  $54,900     1096 Sq Ft   $50.09/SqFt

5722 Crippen Ave      $65,900     1200 SqFt    $54.92/SqFt

5706 Averill Ave         $72,400    1350 Sq Ft   $53.63/SqFt

 

If you would like to view a Kentwood Top Best Buys Home,

please call 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

All information is subject to verification & no liability for

omission or error is assumed.

Real Estate Absorption Report Kentwood Michigan April 2009

Kentwood Michigan is a large suburb of Grand Rapids with a 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.

Kentwood high school kentwood mi

Kentwood home sales are still on a general downward trend

in price. Over 1/3 of Kentwood Homes Equity has dissolved in

the last 3 years, according to the current stats.

We are still seeing a teeny price erosion from last month’s figures,

again this month.

The homes under $ 150K in Kentwood are seeing the 4-5 times the

sales of the homes over $150K.  The homes over $150K may be

priced too high for today’s timid buyers (many of them think prices

will erode still further) or it could be condition.  Your list price has to

be close to the sale price or your home just doesn’t get serious

buyer activity.  And if you still have the gold shag carpeting,

you will need to upgrade or lower your price if you want to see a

sold sign this year.

 

In 2006, Kentwood has 495 home sales:avg sold price:$159,788

In 2007, Kentwood had 434 homes sales: avg sold price:$151,009

In 2008, Kentwood had 722 home sales:avg sold price: $115,127

In 2009, Kentwood has had 233 home sales: avg sold price:$92,789

 

Home sales for Kentwood$70,000 to $149,999 price range:

141 Active Listings with Avg price $ 126,911.

116 sold since September  2008

40 Pending since last month

Avg sold price $70K-150K  $112,369

Avg Days on Market – 103

 

Home sales for Kentwood$150,000 to $400,000 price range:

94 Active Listings with avg price of $ 184,422

27 sold since September 2008

5 Pending Sales

Avg sold price $151K-400K  $182,374

Avg Days on Market – 115

111 Expired Listings with Avg DOM of 181 days

 

Kentwood Absorption Rate for this price range is 10 months,

at the current rate of sale (which means if no new listings come

on the market, it will take 10 months to sell the active listed

homes).

 

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

a specific Kentwood home, please contact me:

phone: 1-888-240-1968 ext 0

or email: Terry@terrywestbrook.com

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Top Best Buys ~ Kentwood Michigan Condos ~ April 2009

We have gathered a list of the top Kentwood Condo

Homes based on price per sq ft.  Please note: This list

can change daily as some homes sell, prices are adjusted

and other  homes come on the market. The homes

listed below are probably dated and would need

updating with new carpeting, paint, and kitchen-bath

redos at a minimum to bring them to current market

standards. They might need major repair work done,

such as new kitchens, baths & mechanicals.

*Some of these homes may be bank owned foreclosures

and not habitable as is or available for a mortgage in

present condition.*

Check back often or just subscribe to our blog to get

up-to-date local real estate information that

you want to know.

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The total square footage is noted here, although only the main

floors are used to figure price per square foot. The lowest

price/Sq Ft range from $33.56 to $63.86  for  Kentwood Condos.

 

April 2009 BEST BUY Condo Homes in Kentwood

Lowest list price is $34.900

highest list price is $89,900

The Top Kentwood Condos to Buy by Price per Square Foot:

268 Carriage Ln SW    $ 69,900   1150 Sq Ft    $60.78/SqFt

4161 W Saxony Dr SE  $ 39,000   1190 Sq Ft    $32.77/SqFt

1463 N Saxony Dr SE   $50,000   1890 Sq Ft    $33.56/SqFt

4165 W Saxony Dr      $ 64,900   1750 Sq Ft    $51.02/SqFt

4137 E Saxony Dr SE  $ 89,900    1847 Sq Ft   $59.81/SqFt

 

648 Andover St SE      $34,900      605  SqFt    $57.69/SqFt

728 Andover St SE     $ 42,750     720 Sq Ft    $59.38/SqFt

670 Andover St SE      $ 47,000     736 Sq Ft     $63.86/SqFt

910 Andover Ct SE     $ 43,950      870 Sq Ft     $50.52/SqFt

5161 SouthGlow Ct     $ 49,000     870 Sq Ft     $56.32/SqFt

 

3893 Villa Montee       $49,900      854 Sq Ft     $58.43/SqFt

5665 Leisure S #15    $ 54,500       896 Sq Ft    $60.83/SqFt

826 Andover Ct SE     $ 49,900       870 Sq Ft    $57.36/SqFt

5682 Leisure S           $54,900       896 Sq Ft     $61.27/SqFt

5643 Leisure S           $56,500       896 Sq Ft     $63.06/SqFt

 

5125 SouthGlow Ct    $55,000      870  Sq Ft     $63.22/SqFt

5750 Leisure S #112 $ 54,900     960 Sq Ft     $57.19/SqFt

2864 32nd St SE       $ 59,900    1100 Sq Ft     $54.45/SqFt

3259 Piccadilly Cir     $ 74,900   1680 Sq Ft     $44.58/SqFt

4299 Walnut Hills#21 $ 67,000   1886 Sq Ft    $45.09/SqFt

 

3362 Pine Meadow    $ 85,000    1343 SqFt     $63.29/SqFt

2514 Bridgeport Ln    $75,000    1650 Sq Ft    $45.45/SqFt

3380 Pine Meadow    $75,000     1343 Sq FT   $55.85/SqFt

 

 

*Some of these homes may be bank owned foreclosures and not

habitable as is or available for a mortgage in present condition.*

If you would like a list of top best buys in your area, please

contact us through our web site:

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved