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Market Conditions as of October 2017

Shayne Wheeler

Posted by Shayne Wheeler
Nov 17, 2017 2:09:21 PM

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*

1/1/2017 - 10/31/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 4,658 $859,872,854 $184,601 $155,000 -$
4,163
37 46
Non Co-op Sales 949 $197,190,528 $207,788 $164,900 -$
5,671
35 45
Co-op Sales 3,709 $662,682,325 $178,669 $154,500 -$
3,777
37 47
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 159 $18,546,671 $116,646 $119,000 -$335 22 31
K02 - Westnedge Hill 90 $16,001,923 $177,799 $141,750 -$
6,711
34 41
K03 - Westnedge-Whites Rd 102 $13,305,566 $130,447 $97,500 -$
3,084
22 30
K04 - Oakwood-Parkview 97 $12,516,514 $129,036 $115,900 - $2,111 28 32
K05 - Winchell & Hillcrest 74 $16,844,399 $227,627 $209,950 -$
5,163
40 51
K06 - WMU/Kcollege/Arcadia 66 $11,986,352 $181,611 $161,800 -$
3,418
42 65
K07 - Westwood-NW Kalamazoo 249 $33,195,554 $133,315 $132,900 -$
1,542
24 30
K08 - N Side w/in City Limits 43 $2,305,560 $53,618 $35,000 -$
2,697
50 56
K09 - Dntown S To Crosstown 51 $4,558,303 $89,378 $80,000 -$
3,354
40 50
K10 - Edison/Washington Sq 93 $4,838,394 $52,026 $52,000 -$
2,008
43 51
K11 - North To G Ave Parchment N To G Ave 102 $10,887,833 $106,743 $105,000 +$
609
28 34
K12 - East to Twp Line Eastwood 126 $9,772,529 $77,560 $78,250 -$132 26 34
K13 - Comstock & Charleston 234 $40,075,913 $171,265 $163,072 - $3,178 41 49
K15 - Richland & Ross Twp 193 $49,361,177 $255,757 $213,900 -$
6,611
54 68
K16 - Pavilion & Climax Tw 101 $19,335,732 $191,443 $172,244 -$2,339 36 47
K19 - North Portage 483 $91,260,901 $188,946 $163,500 -$
3,034
27 32
K20 - South Portage 273 $61,903,346 $226,752 $190,000 -$
3,044
37 40
K21 - Schoolcraft & Prairie Ronde Twp 219 $41,903,502 $191,340 $178,900 - $3,098 40 49
K22 - Oshtemo Twp 244 $53,160,031 $217,869 $198,250 -$
4,454
38 52
K23 - Alamo & Cooper Twp 137 $22,647,803 $165,312 $152,500 -$
3,525
34 37
K24 - Gull Lake 25 $22,441,345 $897,654 $773,000 -$
77,198
73 100
K25 - Texas Township 303 $104,462,571 $344,761 $302,000 -$
8,200
40 55
K27 - Wakeshma Twp 13 $1,468,970 $112,998 $115,000 -$2,602 58 71
K29 - Brady Twp 46 $8,732,270 $189,832 $150,000 -$
5,760
28 41
K30 - Orangeville Twp 43 $9,018,641 $209,736 $175,000 -$
6,201
57 95
K31 - Hope Twp 50 $9,787,926 $195,759 $137,450 -$
10,810
46 49
K32 - Baltimore & Johnstown 37 $5,532,827 $149,536 $117,000 -$
3,878
70 75
K33 - Prairievile Twp 35 $9,458,399 $270,240 $237,000 -$
9,780
56 65
K34 - Barry Twp 49 $8,144,820 $166,221 $158,000 -$4,525 32 40
K53 - Trowbridge Twp 31 $5,387,950 $173,805 $175,000 -$
8,811
63 66
K54 - Otsego Twp 126 $16,588,929 $131,658 $133,200 -$
2,354
33 38
K55 - Gun Plain Twp 108 $16,021,484 $148,347 $139,900 -$
2,797
31 39
K56 - Lake Doster 19 $5,507,800 $289,884 $243,000 -$
4,358
43 52
K59 - Allegan Twp 117 $14,762,194 $126,173 $115,000 -$
5,242
40 52
K60 - Watson Twp  16 $2,672,501 $167,031 $167,250 -$5,935 57 63
K61 - Martin Township 18 $2,629,450 $146,081 $142,500 -$
9,292
67 67
K80 - Bloomingdale & Pine Grove 60 $7,972,650 $132,878 $114,250 -$
4,400
55 69
K81 - Waverly & Almena Twp 103 $20,196,759 $196,085 $185,000 -$2,336 39 47
K85 - Paw Paw Twp Except V 38 $6,115,847 $160,943 $132,500 -$5,017 41 62
K86 - Antwerp Twp 182 $33,006,281 $181,353 $181,500 - $2,842 32 42
K87 - Porter Twp 33 $7,884,791 $238,933 $224,9000 -$
10,434
82 109
K88 - Village of Paw Paw 35 $3,659,945 $104,570 $109,000 -$3,614 46 65
K89 - Decatur Twp 35 $4,010,500 $114,586 $99,000 -$
7,240
66 118

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

 

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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2017 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

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