Kentwood Michigan Real Estate Market Report October-December 2014

Kentwood Michigan Real Estate Market Report October-December 2014

By Terry & Bonnie Westbrook

Kentwood Michigan is a large suburban city southeast 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 Grand Rapids area with over 9000

students and 16 buildings within a 24.25 square mile area.

2014 Real Estate Market Activity October – December

Kentwood Active Listings = 151

From $49,000 to $524,800

Sold Homes = 190

Average Sold Price = $ 138,933

Kentwood homes sold well in the third quarter of 2014,

so well that available inventory doesn’t last long on the

market, if the home is in good condition. Even with the

demand for homes being strong, prices are not increasing

dramatically, though they are inching up slightly as we

head into the pre-Spring market.

If you are thinking of buying or selling a Kentwood home,

don’t wait. Getting a jumpstart on the spring/summer market is

a savvy move for smart sellers and buyers. Don’t wait for the

competition to get ahead of you.

Grand Rapids Real Estate