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Market Conditions as of January 2019

Angela McMillan

Posted by Angela McMillan
Feb 22, 2019 10:58:39 AM

Staying up-to-date on local market trends gives REALTORS® an edge when determining the value of a home. Whether acting as a buyer's or seller's agent, having concrete data to support the decision-making process is key- from setting a price to negotiating a sale.

Greater Kalamazoo Sales Statistics by Sub-Area*

1/1/2019 - 1/31/2019

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 252 $48,484,200 $192,398 $161,000 - $5,246 39 53
Non Co-op Sales 58 $13,266,202 $228,728 $189,000 - $5,939 37 49
Co-op Sales 194 $35,217,998 $181,536 $155,000 - $5,038 40 54
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 5 $564,400 $112,880 $119,900 + $2,959 30 50
K02 - Westnedge Hill 4 $1,047,200 $261,800 $286,450 - $13,900 54 83
K03 - Westnedge-Whites Rd 6 $1,481,950 $246,992 $111,200 - $1,225 15 15
K04 - Oakwood-Parkview 5 $652,600 $130,520 $127,200 - $1,020 17 17
K05 - Winchell & Hillcrest 7 $1,369,505 $195,644 $192,500 + $553 33 33
K06 - WMU/Kcollege/Arcadia 3 $1,092,061 $364,020 $375,000 + $2,399 13 13
K07 - Westwood-NW Kalamazoo 18 $2,340,717 $130,040 $128,200 - $4,327 36 36
K08 - N Side w/in City Limits 0 $0 $0 $0 $0 NA NA
K09 - Downtown S To Crosstown 6 $702,600 $117,100 $98,175 - $4,917 30 30
K10 - Edison/Washington Sq 14 $796,676 $56,905 $59,438 - $4,687 21 21
K11 - North To G Ave Parchment N To G Ave 9 $952,700 $105,856 $104,900 - $311 25 25
K12 - East to Twp Line Eastwood 9 $800,600 $88,956 $85,000 - $1,700 20 38
K13 - Comstock & Charleston 10 $1,686,600 $168,660 $135,000 - $8,125 36 46
K15 - Richland & Ross Twp 11 $2,684,500 $244,045 $196,000 - $9,636 53 67
K16 - Pavilion & Climax Twp 4 $786,600 $196,650 $181,300 - $8,650 35 58
K19 - North Portage 35 $110,416,329 $199,307 $172,300 - $2,709 22 25
K20 - South Portage 16 $4,171,388 $260,712 $250,100 - $1,420 53 68
K21 - Schoolcraft & Prairie Ronde Twp 10 $2,215,108 $221,511 $224,450 - $3,950 35 50
K22 - Oshtemo Twp 10 $2,556,125 $255,612 $267,500 - $7,963 41 41
K23 - Alamo & Cooper Twp 5 $1,058,000 $211,600 $232,500 - $5,560 25 82
K24 - Gull Lake 0 $0 $0 $0 $0 NA NA
K25 - Texas Township 10 $3,291,900 $329,190 $329,190 - $8,390 77 77
K27 - Wakeshma Twp 0 $0 $0 $0 $0 NA NA
K29 - Brady Twp 0 $0 $0 $0 $0 NA NA
K30 - Orangeville Twp 4 $914,800 $228,700 $162,450 - $3,625 16 173
K31 - Hope Twp 1 $118,000 $118,000 $118,000 $0 69 69
K32 - Baltimore & Johnstown 3 $568,300 $189,433 $164,900 - $1,667 52 52
K33 - Prairievile Twp 1 $468,000 $468,000 $468,000 - $1,900 178 178
K34 - Barry Twp 4 $1,147,500 $286,875 $312,000 - $24,075 46 138
K53 - Trowbridge Twp 2 $390,000 $195,000 $195,000 - $2,450 29 29
K54 - Otsego Twp 8 $1,698,300 $212,288 $151,000 - $1,438 18 18
K55 - Gun Plain Twp 2 $386,350 $193,175 $193,175 - $7,500 8 61
K56 - Lake Doster 0 $0 $0 $0 $0 NA NA
K59 - Allegan Twp 6 $762,200 $127,033 $132,750 - $4,000 76 76
K60 - Watson Twp  1 $84,500 $84,500 $84,500 - $14,500 32 277
K61 - Martin Township 0 $0 $0 $0 $0 NA NA
K80 - Bloomingdale & Pine Grove 3 $525,550 $175,183 $175,000 - $14,783 39 74
K81 - Waverly & Almena Twp 7 $1,871,900 $267,414 $257,000 - $9,843 37 37
K85 - Paw Paw Twp Except V 1 $200,000 $200,000 $200,000 - $9,900 32 32
K86 - Antwerp Twp 8 $1,663,870 $207,984 $210,258 - $3,248 58 81
K87 - Porter Twp 2 $266,000 $133,000 $133,000 - $16,200 51 89
K88 - Village of Paw Paw 1 $133,000 $133,000 $133,000 - $6,900 31 31
K89 - Decatur Twp 1 $71,000 $71,000 $71,000 - $4,000 52 52



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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2019 MichRIC, LLC All rights reserved. 

Angela McMillan

Angela McMillan

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