Kentwood Michigan ~ Real Estate Market Report ~ October 2008

By
Real Estate Agent with Westbrook Realty Broker-Owner

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

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, 16 buildings within a

24.25 square mile area.

kentwood high school football stadium

The downward trend of the last few years in Kentwood home sales has been

continuing this year. 

 In 2006, Kentwood has 495 home sales with an average sold price:$159,788. 

 In 2007, Kentwood had 434 homes sales with an average sold price:$151,009.

 

 Home sales for Kentwood in the $70,000 to $150,000 price range are a total

 of 60 selling in the third quarter. 

 Average Kentwood sold price: $119,768. 

 Average Kentwood Sold Price per Sq Ft: $90.00

kentwood mi real estate market report sept 2008

kentwood mi real estate market report sept 2008

Home Sales for Kentwood MI in the $150,000 to $400,000 Price Range

Third Quarter Home Sales for Kentwood in this price range are 24.

Average Kentwood Sold Price is $187,723

Average Kentwood Sold Price per Sq Ft is $106.18

kentwood mi real estate market report sept 2008

kentwood mi real estate market report sept 2008

Kentwood MI Real Estate Market Report November 2007

Kentwood MI Real Estate Market Report January 2008

 

If you would like additional information about Kentwood Homes,

please contact me directly.

 

Grand Rapids Ada Real Estate  Westbrook Realty

Copyright 2008 All rights reserved

photo of Kentwood High School Football Stadium by Bonnie Westbrook

Posted by

_____________________________________________

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!

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                          Contact Terry   616-292-7263

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Rainer
286,997
Diane Aurit
LKN Realty, LLC - Mooresville, NC
Lake Norman Real Estate

Terry, not such a positive trend but much like the rest of the country.  What wonderfully affordable homes you have in your community!

Oct 20, 2008 09:07 AM #1
Rainmaker
573,927
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Diane, The market coninues to struggle but I do see some bright spots that the bottom is here and we should see growth in pricing very soon.

Oct 20, 2008 09:30 AM #2
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Rainmaker
573,927

Terry & Bonnie Westbrook

Westbrook Realty - Grand Rapids Forest Hills MI Re
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