Kentwood Condos Market Report July 2016
The latest Kentwood Condos Market Report from July 2016 is out and Kentwood has continued to be very active. We Continue to experience a high Sales to Listing price ratio of 96.5%, which is slightly down from June’s 101.5%. That means that Kentwood condos on average are selling close to full price. The median price of active condo listings is $188,900 with the median price of sold condos is $104,000.
There are currently 13 active listings (5 new listings in July) with 17 condos selling. Demand is still very high in Kentwood and 13 active condos would be considered low inventory.
The average days on the market for July is 52 days, which is up from 25 days on the market in June.
What is Your Home Worth?
We have qualified buyers actively looking for condos in Kentwood! Do you have a condo to sell? If you do, click on the image above and get an instant estimate of your home’s value (no charge).
We can provide a comprehensive Price Trend Analysis complete with your closing cost estimate if you prefer. Please contact us at your earliest convenience.
Sign Up for Listing Alerts!
You can use this website to sign up for listing alerts and have new listings sent directly to your inbox for every condo development, gated community or waterfront home in the area. Or create your own unique listing alert for your specific needs. The emails go out daily and you have a much greater chance of seeing that home you have been looking for.
