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.
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
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263