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Clements Mill is  a newer home development built by Eastbrook

Construction in the Ada MI area, started in 1999 and completed in

2003. Apart from newer homes, part of the appeal is the proximity

of  Forest Hills Central Middle and High Schools, Forest Hills

Woodlands 5/6 School, St Roberts & Ada Christian Schools, which

are a short distance away.

Clements Mill is midway between the Village of Ada and Forest Hills

shopping area at Cascade Road and Forest Hills.

Ada’s Clements Mill has seen steady to declining values in the short

time it has been built out.  This is largely due to the current housing

economy where all area homes have suffered a decline in value. This

subdivision continues to be a desired location for local residents.

Spring Flowering Shrubs

Clements Mill Market Report   Jan – April 2010

3  Sold,  0 Pending, 5 For Sale, 3 Expired

Clements Mill Active Listings: 5

Average Active Price: $279,520

Average Active Price/SqFt: $125.22

Average Active Days on Market: 51

Clements Mill Sold Listings: 3

Average Sold Price: $213,967

Average Sold Price/SqFt: $124.61

Average Days on Market: 125

Clements Mill Expired Listings:3

Absorption Rate for Clements Mill homes is averaging

4 months, which is a low rate for the Grand Rapids area.

Average list price is higher that average sold price,

which means that the current active homes are probably

larger than the sold homes, as price per square foot is similar.

Additional Forest Hills Articles:

Forest Hills Michigan Real Estate Reports 2010

Search for Forest Hills MI Homes

If you have detailed questions about Ada Homes, Forest Hills

Homes or  just need further information, please contact me

directly:  terry@terrywestbrook.com or call 1-616-292-7263

photo by Bonnie Westbrook

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Forest HIlls Michigan
Forest HIlls Michigan

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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. 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

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Hidden Hills is an established neighborhood of homes off Cascade Road

and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids.

Home construction started here in the 1960′s housing boom in the Forest

Hills School District and has continued through to today. There are new

homes still being built in this neighborhood.

Mid-size homes with quality construction are the rule, this suburban sub-

division area has been a desirable  place to live in the Grand Rapids home

market for many years.

Tassell Pak Path 3

                          Hidden Hills, Cascade Township

                     Neighborhood Real Estate Market Report

                              Jan-April 2010

                      2 For Sale, 2 Sold, 4 Pending, 1 Expired

Hidden Hills Active Listings 2

Hidden Hills Average Active Price: $ 242,500

Hidden Hills Average Active Price Per Sq Ft: $ 104.02

Hidden Hills Active Average Days on Market: 146

Hidden Hills Sold Homes 2

Hidden Hills Average SOLD Price: $ 349,000 

Hidden Hills Average SOLD Price Per Sq Ft: $ 114.05

Hidden Hills Average SOLD Days on the Market: 27

Hidden Hills Pending Homes: 4

Hidden Hills Expired Homes: 1

 

The current absorption rate for Hidden Hills  is  1 month, which

means we have a 1 month supply of homes in the Hidden Hills market,

IF no new homes enter the market and homes sell at the current rate.

 

MARKET SYNOPSIS: Hidden Hills average SOLD home price has

bounced back somewhat from last year’s lows of under $90 a square

foot, but the average sold price is still declining.  Time on the market

has increased slightly and 6 homes have  sold since the first of the

year.

Forest Hills School District Average Sold Home Prices last 6 years:

2009 – $ 229,570

2008 – $ 279,709

2007 – $ 269,445

2006 – $ 300,691

2005 – $ 282,173

2004 – $ 268,072

Forest Hills Michigan Real Estate  2010

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly.

Copyright 2010  All rights reserved

photo of Leslie E Tassell Park by Bonnie Westbrook

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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.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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

Grand Rapids  Michigan Neighborhood Absorption Report

Tamarron Estates is an upscale suburban development with large

wooded lots, walking access to Thornapple Elementary School and

the Thornapple River Backwaters.  It is located just off of

Thornapple River Drive and Cascade Road in Cascade Township.

The house styles vary from large, comfortable ranches, traditional

two stories, to contemporary homes.  Many of the homes were built

in the late 1970′s to the mid 1980′s, though there is a new street

that has much newer homes on acreage settings.  Some houses close

to and surrounding this development are in the upper price brackets

in the Grand Rapids real estate market.

2 swans on Watermark pond

Tamarron Residential Real Estate

Jan-April 2010 Market Report

2 Sold,  6 For Sale, 1 Pending, 1 Expired

Tamarron Active Listings: 6

Tamarron Average Active Price – $ 511,300

Tamarron Average Active Price/SqFt – $ 135.25

Tamarron Average Active Days on Market – 44

Tamarron  SOLD Listings: 2

Tamarron Average Sold Price $ 209,500

Tamarron Average Sold Price/SqFt – $ 78.38

Tamarron Average Sold Days on Market – 92

Tamarron Expired Listings: 1

At the current selling rate, we have a 9 month supply of homes

on the market in Tamarron Estates in Cascade Township.

MARKET SYNOPSIS: Tamarron homes are selling but not at the

prices that sellers would like to see. Today’s market is accepting

homes under $100.00 a sq ft. This is a substantial price reduction for

this area.  As you  can see, the expired sellers think their homes

will sell at $ 130-150/sq ft.  The two homes that have sold since

January might be distressed sales or foreclosed homes. List prices

have been reduced but not to a realistic price for buyers.

The Absorption rate of 9 months is high for the Forest Hills area.

If you have to sell your Tamarron Estates home now, the market

place is telling you that you need to be around $100 a sq ft and

in good condition to see your home sold successfully.

Forest Hills Michigan Real Estate Market Reports  2009

If you have questions about the value of your Cascade or Forest Hills

Home, please contact me directly:  terry@terrywestbrook.com or

call me at 1-888-240-1968 ext 0

Photo of Swan Pair by Bonnie Westbrook

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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.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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

The Quail Crest Condo development is located west of Spaulding

and north of Burton Street in Cascade Township. There is an

entrance off Spaulding Avenue and off Burton Street. This condo

development was started in the late 1980′s and continued building

into the current phase.

The condos are spacious with cathedral ceilings and many have

finished lower levels with extra bedrooms and baths. This area

has been very attractive for retirees, as they are close to all the

local amenities and shopping but no house maintenance.

Forest Hills Public Schools are the school district,

Watermark Country Club, Forest Hills & 28th Street shopping are

a short distance away.   The miles of Cascade-Ada Bike/Walking Trail

connects to downtown Cascade, downtown Ada, and 28th St.

Quail Crest Condos Entrance Cascade MI

Quail Crest Condominiums Real Estate  Market Report

Jan-April 2010

6 For Sale, 0 Pending, 1 Sold, 3 Expired

Quail Crest Condos Active Listings: 6

Quail Crest Condos Average Active Price – $273,300

Quail Crest Condos Average Active Price/SqFt – $ 170.06

Quail Crest Condos Average Active days on market 82

Quail Crest Condos Sold Listings: 1

Quail Crest Condos average sold price – $132,900

Quail Crest Condos average sold price/SqFt – $ 106.92

Quail Crest Condos average days on market – 83

The absorption rate for Quail Crest Condos is 18  months, which

means if no new listings come on the market, it will take 18 months

for the current inventory of homes to sell at the current rate of sales.

This is high for the Grand Rapids Market.  The  average sold price

and the price per square foot for the one home that sold is much

lower than last year’s sold price average of $ 175,000.

We have seen some sellers renting instead of selling, waiting for a

return to a seller’s market.  That may be the route to take, if you can

play the role of landlord successfully.

Forest Hills MI Real Estate Market Report

If you have further questions about Grand Rapids or

Cascade MI Condos, please contact me directly.  We can

also have these monthly market reports emailed to your

inbox, just contact us.

photo of Quail Crest Entrance by Bonnie Westbrook

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The authors of the this blog write about Grand Rapids Real Estate, theGreater 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Current Real Estate Market Report For East Grand Rapids Michigan

East Grand Rapids MI Public Library

Absorption rate for East Grand Rapids MI housing market is currently

at 8 months, which means if no new listings come on the

East Grand Rapids market, it will take 8 months for the existing

home inventory to sell.

There are 157 active listings on the East Grand Rapids market,

typically a larger inventory in the spring ranging from

$74,999 to $2,995,000.

30 Pending Home Sales

28 Sold Homes with sold prices ranging from $ 63,000 to $ 599,000

for the first quarter of 2010 in East Grand Rapids housing inventory.

East Grand Rapids Homes  up to  $200,000

Active Listings – 48

Pending  – 13

Sold – 16

Avg Sold Price – $158,230

Avg List Price – $158,696

East Grand Rapids Homes  $200,000 to $300,000

Active Listings  –  40

Pending – 10

Sold –  6

Avg Sold Price – $ 243,583

Avg. List Price – $249,530

East Grand Rapids Homes $ 300,001 to $450,000

Active Listings – 44

Pending –  5

Sold  – 4

Avg Sold Price – $ 352,625

Avg List Price – $ 390,873

East Grand Rapids Homes  $ 450,001 ++

Active Listings  –  25

Pending – 2

Sold – 2

Avg Sold Price – $ 567,000

Avg List Price – $ 852,228


The lower end of this market (under $300K) is the busy end

of the sales in the first quarter.  With the current lowest list price

at $ 74,999,  it looks like the bargain basement days in EGR housing

are over.  Homes in the higher prices are selling, but at a

slower rate. We are still seeing sold price erosion in the homes priced

over $200,000.

The Absorption rate is over the normal range for East Grand Rapids

homes by 2 months.  This shows an uptick in inventory and no uptick

in sales to match.

East Grand Rapids Real Estate Market Reports

East Grand Rapids Michigan ~ America’s Hometown

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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. 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Current Real Estate Market Report Rockford Michigan ~ 2010

Current Absorption Rate for Rockford Michigan runs from 5 months

for lower end homes under $185,000, up to over 1 year for the

very upper end of the Rockford market.

Rockford Public Library Rockford MI

The lower end of the Rockford  market is moving faster than

higher priced homes for the first quarter sales in 2010.  With

interest rates already starting to rise and with buyer tax credits

disappearing after the first quarter, long listing times in Rockford

will likely continue into 2010, with prices driven down by weak

buyer demand.  Absorption rates have improved from last

year with lower priced homes being the “hot market”. 

Higher priced homes are seeing more activity than 2009

but are still not back to normal sales levels.

 

Active Rockford MI Listings under $185,000

Active Rockford MI listings  195

Absorption Rate : 5.36 months

Sold Rockford Homes: 55

Pending Rockford Homes: 54

Average sold price  $ 127,579

High Sold price $184,900

Low Sold price  $60,000

Average Sold Price/SqFt  $93.76

Rockford MI Listings $ 185,000 – $ 349,000

Absorption Rate: 8.23 months

Active Rockford MI Listings 140

Sold Rockford Homes  17

Pending Rockford Homes 34

Average Rockford List Price:  $ 238,822

Average Rockford Sold Price: $ 235,200

Average Sold Price/SqFt  $ 116.06

High Sold Price $ 349,000

Low Sold Price  $185,900

Rockford MI Listings Over $ 349,000+

Absorption Rate: 15.6 months

Active Rockford MI Listings  78

Sold Rockford Homes  7

Pending Rockford Homes  8

Average Rockford List Price:  $477,078

Average Rockford Sold Price:  $613,000

Average Sold Price/SqFt:         $ 162.35

Inventories will probably increase with the spring market and

buyers will have their pick of the best homes for sale.

It is important  that you have your  home in  great condition

and priced correctly. Over-priced homes and tired looking homes

will not sell for top dollar in this buyer’s market.

If you have any questions about  Rockford or

Grand Rapids MI homes, please contact me directly:

1-888-240-1968 ext 0

email: terry@terrywestbrook.com

Rockford Michigan Real Estate

Rockford Michigan Video Tour

Grand Rapids Real EstateWestbrook Realty

Copyright 2010  All rights reserved

Photo of Rockford Public Library – Downtown Rockford by Bonnie Westbrook

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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. 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Current Caledonia MI Absorption Report

Absorption rate for Caledonia MI Market is  currently 4.6 months,

which means if no other homes come on the market, it will take

4.6 months for the current inventory to sell at the current

sales rate.  This stat is down by one third+ less than last year’s figure.

We are seeing a definite upturn in sales in Caledonia homes and

sell times are currently returned to a “normal” range of 3-6 months.

Blacksmith sign sm web

There are 125 current active listings, from $77,900 to

$1,195,000 in Caledonia MI.

Current average Caledonia home listed price is much higher

[about $297,773] than the average sold price [$166,914].

37 Pending Home Sales, and 44 Sold Homes since Jan 1, 2010.

The average sold price/Square foot is $ 92.89

Sold High $425,000   Sold Low – $57,400

There are 3 homes in million dollar+ range listed, so this skews

the figures somewhat in the upper home price brackets.

The Caledonia market has been  busy so far this year; buyers

bought 6 homes under $100K, the majority of homes purchased

were between $100-200K.

Currently, there are only 9 homes listed under $100K, 39 homes

listed  between $ 300K-999,999K, and that means that 77 homes

are listed between $100K and 299,999K, many opportunities

in the middle brackets to own a home in Caledonia.

With interest rates bound to rise, buying now could save you

thousands of dollars over the life of your mortgage.

Caledonia Real Estate

Caledonia Michigan Video Tour

If you have any questions about Caledonia or Grand Rapids MI

homes,please contact me directly through my web site.

Grand Rapids Real Estate  ~ Westbrook Realty

Copyright  2010 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. 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

We have gathered a list of the Top Best Forest Hills Houses

(Ada-Cascade) to buy, based on price per square foot.

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,

new plumbing, electrical & other major mechanicals.

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, not the

basement, even if finished.

meadowbrook elementary school forest hills mi

The list of Top Best Buy Homes for  February 2010 is 22 properties.

The lowest price/Sq Ft for homes range from $36.82 to $79.07 in

Forest Hills.

Lowest list price is $54,900

Highest list price is $273,000

 February 2010 homes in Forest Hills School District:

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

WARNING: Some of these homes may be bank owned foreclosures, short

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

The Top Forest Hills Homes to Buy by Price per Square Foot:

2650 Knightsbridge Rd   $ 54,900       845 Sq Ft     $64.97/SqFt

2657 Chatham Woods    $ 63,900       1056 Sq Ft    $78.12/SqFt

2695 Chatham Woods    $ 64,500        820 Sq Ft    $78.66/SqFt

6217 Acropolis Dr          $74.900      1316/SqFt     $67.11/SqFt

6381 Wainscot Dr SE     $75,000      1116 Sq Ft     $67.20/SqFt

 

2997 Chapshire Dr          $79,900      1116 Sq Ft     $71.59/SqFt

3181 Charlevoix Dr         $80,000     1083 Sq Ft     $73.87/SqFt

5505 Whitneyville SE     $83,900     1536 Sq Ft     $54.62/SqFt

6351 Wainscot Dr SE     $84,900      1116 SqFt      $76.08 /SqFt

2201 Shady Dr NE          $90,000     2444 Sq Ft     $36.82/SqFt

 

3914 Cascade Rd SE     $94,900     1240 Sq Ft    $76.53/SqFt

2049 Rowland Ave       $ 99,900    1280 Sq Ft    $78.05/SqFt

1791 Grand Ct NE       $118,900     1600 Sq Ft   $74.31/SqFt

1787 Park Trail NE      $119,900     1600 Sq Ft   $74.94/SqFt

1773 Park Trail NE      $121,900     1600 Sq Ft   $76.19/SqFt

 

2328 Dean Lake Ave  $129,900    2757 Sq Ft    $47.12/SqFt

2309 3 Mile Rd           $149,900    3340 Sq Ft    $70.54/SqFt

7485 Candlewood Dr  $172,900    2933 Sq Ft   $58.95/SqFt

4662 E Forest Dr        $174,900   3212 Sq Ft   $79.07/SqFt

205 Shore Haven Dr   $209,900   2672 SqFt    $78.56/Sq Ft

 

5739 E Fulton St        $254,900   4557 Sq Ft   $71.16/SqFt

8801 Fulton St E        $273,000   4132 Sq Ft   $66.07/SqFt

 

More Forest Hills Michigan Real Estate Articles 2009

 

If you would like to see a particular Top Best Buys Forest Hills

Home, please contact us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Map picture

 

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The authors of the this blog write about Grand Rapids Real Estate, theGreater 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

We have gathered a list of the top East Grand Rapids 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.  It 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.

Please note that this list can change daily as some homes sell, prices are

adjusted and other homes come on the market.

Gaslight Village Sign East GR MI

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

are used to figure price per square foot.

February 2010 – 25 TOP BEST BUY East Grand Rapids Homes

Lowest price/Sq Ft range from $75.29 to $116.65

Highest List Price -  $ 349,700

Lowest List Price -  $ 79,900

The Top East GR Homes to Buy by Price per Square Foot:

729 Gladstone Dr SE   $  79,900      800 Sq Ft   $99.88/SqFt

1148 Lakeside Dr SE    $ 89,900      900 Sq Ft   $99.89/SqFt

2361 Burchard St        $125,900    1455 Sq Ft   $109.00/SqFt

2360 Lake Dr SE         $137,000     1582 Sq Ft   $86.60/SqFt

612 Gladstone Dr SE   $139,900     1268 Sq Ft  $110.33/SqFt

 

159 El Centro Blvd      $149,900    1848 Sq Ft   $81.11/SqFt

1530 Groton Rd         $149,900    1694 Sq Ft    $97.34/SqFt

2714 Cascade Rd SE   $149,900    1900 SqFt     $115.31/SqFt

2665 Richards Dr SE   $149,900    1573 SqFt     $116.65/SqFt

1647 Franklin St          $149,900    1392 Sq Ft   $107.69/SqFt

 

2115 Tenway Dr SE      $154,900    1395 Sq Ft   $111.04/SqFt

847 Orchard Ave        $159,900    1350 Sq Ft   $118.44/SqFt

252 Hodenpyl Rd       $159.900    1489 Sq Ft    $107.39/SqFt

1433 Edgewood Ave  $165,900   1738 Sq Ft    $94.94/SqFt

2752 Robinson Rd      $169,900   1532 Sq Ft    $110.90/SqFt

 

2530 Cascade Rd SE   $179,900    2200 SqFt    $111.88/SqFt

2937 Lake Dr              $179,900   1602 Sq Ft    $112.30/SqFt

1707 Hall St SE           $189,900   2229 Sq Ft    $108.33/SqFt

2840 Cascade Rd        $199,000     2272 Sq Ft   $111.55/SqFt

2150 Anderson Dr      $209,000    3322 Sq Ft   $75.29/SqFt

 

 

1401 Pinecrest Ave   $220,000    2350 Sq Ft   $103.97/SqFt

330 Fulton St E         $263,000    3460 Sq Ft   $106.05/SqFt

1245 Woodshire Ave $269,500    2248 Sq Ft   $119.88/SqFt

1418 Woodcliff Dr     $339,500   3114 Sq Ft   $109.02/SqFt

 

1401 Breton Rd         $349,700     3873 Sq Ft   $102.85/SqFt

 

East Grand Rapids homes are selling.  If you have been waiting for the

right time to buy, don’t wait much longer.  We are seeing definite signs

of competition for homes in some areas, like East Grand Rapids and

Forest Hills. Homes in good condition and priced appropriately are

selling quickly.

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

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

East GR  Real Estate Market Blogs

If you would like to view an East Grand Rapids Best Buy Home,

please contact us @1-888-240-1968 x 0 or email us :

terry@terrywestbrook.com

 

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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. 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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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 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

____________________________________________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

Grand Rapids Photos

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June 2019
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