KENTWOOD MICHIGAN MARKET REPORT
A GREAT TIME TO BUY IN Kentwood, MI
- In the chart below, sales activity has remained constant and cost per square foot has dipped slightly for the last few years in Kentwood homes.
- Even with this good news, the downside is inventory.
- Currently we have 454 homes for sale.
- We have enough inventory to last one year if no one else decides to list their home and put it on the market.
For the consumer, this means: Buyers are in the driver's seat. Hardly a news flash, but if you have been considering a move to Kentwood and thought you couldn't afford it, think again. Even if you can't get as much out of your home as you would like to, the good news is that a move to Kentwood will cost you less than it would have 3 years ago.
Historically, we know this current trend will not last. Home prices will rise and hopefully, you won't have missed your opportunity to live in this wonderful community at a competitive price. No one knows when this market will hit bottom and start the climb up.
Ideally, you want to catch it going down, NOT UP! Don't Wait! Now is the time!
Sales activity for Kentwood 2004 to 2007 Year to Date
If you are considering a move to Kentwood, Michigan, I would be happy to answer any questions about the area or set up an appointment to show you Kentwood homes. Contact Me
Grand Rapids Real Estate is my Real Job
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