Grand Rapids Michigan Real Estate Blog

This large  home in Kentwood Michigan located in Bailey's Grove has lots of added extras

and tastefully decorated.  Our video takes you on a narrated tour of this large 6

bedroom, 4 bath home with a 3 car garage, finished lower level with daylight windows,

and set on a premier wooded lot.

 

 

 

 

Listed at $264,900

 

 

Bailey's Grove Neighborhood has a Community Clubhouse, Community Park, Community

Pool withannual membership available, and a Community Web Site with lots of local

information and neighborhood news.

Are you searching for a large, well decorated home in a vibrant community with

lots of character, amenities, and access to a clubhouse and pool membership?

This large, 6 bedroom, 4 bath home located in Bailey's Grove is on the market.

 

The fireplace is lit, the sun is streaming through the windows, Cleo is in her favorite

spot ready for football or movie viewing.

Dining Room has a recessed tray ceiling, buffet inset and architectural pillars to

separate it from the front entry.

The master bedroom has a cathedral ceiling, a large bay window bay  with great views

of the wooded lot.

 

This Flex Room on the main floor could be a bedroom, a home office, or a live in

apartment since it has private access to a full bath.

This former Designer's Model built in 2000 sports a wrap-a round porch, backyard deck,

wooded lot with professional landscaping, and a three car garage.

Listed at  $264,900        More information here

 

We have gathered a list of the TOP Caledonia Michigan Houses

to buy, based on price per square foot.   Price per square foot

is a great leveler.  If two similar homes are listed at similar prices,

their price per square foot should be similar.  The price should reflect

the interior finish of the  home.   For example, if it has crystal chandeliers,

marble tile, & a new kitchen, this would be more per square foot than

a home that still has the 1970’s decor and/or is in derelict condition.

 

 

The total square footage is noted here, although only the

main floors are used to figure price per square foot. 

Lowest prices/Sq Ft range from $32.37 to $59.95 in Kentwood this month.

 

January  2010  19 TOP BEST BUYS in  Kentwood MI Homes

The lowest list price is $ 29,900

the highest list price is $139,900

 

Top Kentwood MI Homes to Buy by Price per Square Foot:

7213 Regal Ave          $29,900    750 Sq Ft      $39.87/SqFt

126 58th St SE          $32,900     772 Sq Ft      $42.62/SqFt

426 Pine Vista St      $45,000     1248 SqFt     $36.06/SqFt

337 60th St  SE         $54,000     1457 Sq Ft    $37.06/SqFt

3394 32nd St SE        $54,900     1696 Sq Ft    $32.37/SqFt

 

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

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

453 Pine Place St     $59,900     1248 Sq Ft    $48.00/SqFt

155 Wavell St SE       $70,000     1350 Sq Ft    $51.85/SqFt

2097 60th St SE         $70,000    1300 Sq Ft    $53.85/SqFt

 

1620 Mapleview St   $79,900    1900 Sq Ft     $50.99/SqFt

5393 Newcastle Dr    $80,000    2696 Sq Ft    $44.92/SqFt

5818 Pinetree Ave    $84,900     2200 Sq Ft  $38.59/SqFt

3200 Brook Trail SE   $85,000    1451 Sq Ft   $58.58/SqFt

106 Regent St SE      $89,900    1872 Sq Ft   $48.02/SqFt

 

1260 54th St SE        $118,800   3406 Sq Ft  $57.87/SqFt

4658 Meadow Lk Dr  $119,900   2000 Sq Ft  $59.95/SqFt  

3615 Kalamazoo Ave  $124,900  2725 Sq Ft  $45.83/SqFt

1889 60th St SE         $139,900   2436 Sq Ft   $57.43/SqFt

 

Kentwood &  Wyoming have been hit hard by unemployment, auto-

motive plant shutdowns and loss of population. Short Sales are

extremely difficult for most home buyers to consider as a purchase. 

Please keep in mind the time alone [3-9 months] of negotiating with

the banks makes it almost impossible for some buyers to consider.

 

Please note that this list can change daily as some homes

sell, prices are adjusted and other homes come on the market.

Check back often or just subscribe to our blog to get

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

 

More Kentwood Michigan Real Estate Articles

*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 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.

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 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 some price reduction even though activity is high.

 On the good news for sellers,  Kentwood has one of the lowest

 absorption rates in the area.

 

Foreclosures and short sales  are still affecting the average

market price here as Grand Rapids has seen jobs disappear.

The homes under $ 150K in Kentwood are seeing about 80% of  the

overall sales.  The homes over $150K are selling but at a slower rate. 

 

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 448 home sales: avg sold price:$ 100,561

 

Home sales for Kentwood – Up to $150,000:

116 Active Listings w Avg sold price $ 115,673  

378 sold      Avg sold price   $102,538

 

Home sales for Kentwood – $150,001 & UP:

58 Active Listings w avg sold price of $ 189,463

70 sold         Avg sold price $150K+ = $174,132

 

Kentwood Absorption Rate for this price range is 4.6 months,

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

on the market, it will take 4.6 months to sell the active listed

homes). This is a great rate for the Grand Rapids area and shows

that Kentwood is a popular and affordable city to live in.

 

Kentwood Michigan Real Estate Information

 

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

a specific Kentwood home, please contact me.

 

Copyright 2009 All rights reserved

Photo of Kentwood High School by Bonnie Westbrook

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.*

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 $28.51 to $69.57 in

Kentwood this month.

 

Kentwood &  Wyoming have been hit hard by the automotive

shutdowns and subsequent job losses in these areas.  A large

number of the homes we researched this month were short sale

properties that will be probably 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.  Please keep in mind the time alone

 [3-9 months] of negotiating with the banks makes it almost

impossible for some buyers to consider.

November  2009  36 TOP BEST BUYS in  Kentwood MI Homes

The lowest list price is $29,900

the highest list price is $194,900

Top Kentwood MI Homes to Buy by Price per Square Foot:

7213 Regal Ave          $29,900       750 Sq Ft    $39.87/SqFt

136 Nancy St SE         $47,900      1680 Sq Ft   $28.51/SqFt

1511 Brookmark St     $50,000        828  Sq Ft  $60.39/SqFt

4525 Grantwood      $57,900         960 SqFt    $60.31/SqFt

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

 

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

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

5052 Mildred Ave       $59,900     1100 Sq Ft  $67.45/SqFt

315 60th St  SE           $60,000     864 Sq Ft   $69.44/SqFt

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

 

426 Pine Vista St      $65,000     1248 SqFt     $52.08/SqFt

5689 Gentian Ct SE   $69,900     2182 Sq Ft   $48.04/SqFt

2097 60th St SE         $70.000    1300 Sq Ft   $53.85/SqFt

1370 Manorwood      $74.900     1824 Sq Ft    $41.06/SqFt

691 68th St               $75,000     1590 Sq Ft   $47.17/SqFt

 

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

1620 Mapleview St   $79,900    1900 Sq Ft   $50.99/SqFt

5818 Pinetree Ave    $84,900     2200 Sq Ft  $38.59/SqFt

3622 Senora Ave      $89,900     1720 SqFt   $67.59/SqFt

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

 

1582 Marwood Dr     $94,900     2047 SqFt    $69.57/SqFt

110 Lurie St SE        $99,900   1627 Sq Ft   $61.40/SqFt

4651 Brooklyn Ave   $99,900   1800 Sq Ft   $67.73/SqFt

3075 Paris Park Dr    $103,900  1711 SqFt   $60.72/SqFT

4675 Brooklyn Ave    $109,900    2817 Sq Ft  $51.96/SqFt

 

4957 Bringham Ln    $115,000    2260 Sq Ft  $66.86/SqFt

2655 52nd St SE        $115,900   1687 Sq Ft   $68.70/SqFt

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

5830 Buchanan Ave  $124,940    1808 Sq Ft  $69.10/SqFt

1455 Gunnink Dr SE  $127,777   1840 Sq Ft   $69.44/SqFt

 

5848 Valley Lane Dr   $129,900   2073 Sq Ft  $63.49/SqFt

 5800 Buchanan Ave   $134,884   2073 Sq Ft  $65.07/SqFt

1889 60th St SE          $139,900   2436 Sq Ft   $57.43/SqFt

1260 44th St SE         $140,000    2877 Sq Ft   $65.91/SqFT

1160 Edsel St St        $ 179,900   3128 Sq Ft  $62.51/SqFt

3350 Sandyhook Ct   $194,900    2969 Sq Ft   $65.64/SqFt

 

More Kentwood Michigan Real Estate Articles

 

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.

 

Share this post :

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.*

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 $26.34 to $69.44 in

Kentwood this month.

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

average price per square foot @ $58.50.

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.  Please keep in mind the time alone

 [3-9 months] of negotiating with the banks makes it almost

impossible for some buyers to consider.

October  2009  39 TOP BEST BUYS in  Kentwood Homes

The lowest list price is $29,900

the highest list price is $179,900

Top Kentwood Homes to Buy by Price per Square Foot:

7213 Regal Ave          $29,900       750 Sq Ft    $39.87/SqFt

136 Nancy St SE         $47,900      1680 Sq Ft   $28.51/SqFt

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

2102 68th St   SE         $57,400     2179 SqFt    $26.34/SqFt

97 Roth St SE              $59,900     1100 Sq Ft   $54.45/SqFt

 

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

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

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

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

315 60th St  SE           $60,000     864 Sq Ft   $69.44/SqFt

 

4525 Grantwood Ave  $62,900     960 Sq Ft    $65.52/SqFt

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

426 Pine Vista St      $70,000     1248 SqFt     $56.09/SqFt

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

293 68th St SE          $79.900      1152 Sq Ft   $69.36/SqFt

 

6817 Quincy Ave      $79.900     1461 Sq Ft    $68.64/SqFt

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

5689 Gentian Ct SE   $79,900     2182 Sq Ft   $54.91/SqFt

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

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

 

3622 Senora Ave      $89,900     1720 SqFt   $67.59/SqFt

1620 Mapleview St   $89,900    1900 Sq Ft   $57.37/SqFt

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

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

5518 Edgelawn Dr    $99,900    2155 Sq Ft   $68.71/SqFt

 

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

1635 Pembroke St     $109,900    1596 Sq Ft  $68.86/SqFt

4957 Bringham Ln      $115,000    2260 Sq Ft  $66.86/SqFt

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

2655 52nd St SE        $116,900   1687 Sq Ft   $69.29/SqFt

 

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

4675 Brooklyn Ave    $124,900    2817 Sq Ft  $59.05/SqFt

5830 Buchanan Ave  $124,940    1808 Sq Ft  $69.10/SqFt

5848 Valley Lane Dr   $129,900   2073 Sq Ft  $63.49/SqFt

5800 Buchanan Ave   $134,884   2073 Sq Ft  $65.07/SqFt

 

6665 Crystal Downes  $149,900  2586 Sq Ft  $57.97/SqFt

1889 60th St SE          $150,000   2436 Sq Ft   $61.58/SqFt

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

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

All information is subject to verification & no liability for

omission or error is assumed.

Share this post :

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.*

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.

Crystal Springs ~ Kentwood Absorption Report August 2009

Crystal Springs Development in Caledonia, Michigan is a large, residential

suburban housing development that was started in the late 1980's and

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.

                                           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

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.*

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

All information is subject to verification & no liability for

omission or error is assumed.

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 home sales are starting to show signs of recovery. Over 1/3 of

Kentwood Homes Equity has dissolved in  the last 3 years, according to the

yearly stats shown here.

 We are seeing some price recovery from last month's figures

and the overall summer activity is high.  Kentwood has one of

the lowest absorption rates in the area.

Foreclosures and short sales  are still affecting the average

market price here as Grand Rapids has seen many jobs disappear.

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

 overall sales.  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 old carpeting,

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

 to see a sold sign this year.  We are seeing serious buyers

vying for the best homes on the market with multiple offers.

 

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 547 home sales: avg sold price:$ 99,354

 

Home sales for Kentwood - Up to $150,000:

153 Active Listings with Avg price $ 124,754

139 sold since May 1, 2009

Avg sold price   $108,847 

Avg Days on Market - 87

Home sales for Kentwood - $150,001 UP:

70 Active Listings with avg price of $ 189,463

29 sold since May 1, 2009  Low: $150,195  High: $232,000

Avg sold price $150K+ = $168,976

Avg Days on Market - 138

 

Kentwood Absorption Rate for this price range is 4 months,

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

 on the market, it will take 4 months to sell the active listed

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

though the average sold prices on the lower end are going up

slightly and average price on upper end is 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 July 2009

Kentwood Michigan Absorption Report June 2009

Kentwood Michigan Real Estate Information

 

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

a specific Kentwood home or neighborhood, 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