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Market Conditions as of October 2020

Shayne Wheeler

Posted by Shayne Wheeler
Nov 25, 2020 8:42:47 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*

5/1/2020 - 10/31/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 4,265 $949,341,425 $222,589 $190,000 - $3,027 31 41
Non Co-op Sales 839 $199,678,779 $237,996 $195,500 - $5,216 28 37
Co-op Sales 3,426 $749,662,646 $218,816 $190,000 - $2,491 32 42
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 106 $15,650,389 $147,645 $151,500 + $1,890 9 9
K02 - Westnedge Hill 69 $14,083,256 $204,105 $168,000 - $2,210 21 30
K03 - Westnedge-Whites Rd 83 $13,431,063 $161,820 $129,999 - $1,532 23 32
K04 - Oakwood-Parkview 66 $10,092,450 $152,916 $134,500 - $1,977 22 28
K05 - Winchell & Hillcrest 61 $13,312,670 $218,240 $196,000 - $3,361 16 22
K06 - WMU/Kcollege/Arcadia 62 $13,062,533 $210,686 $181,050 - $3,620 42 42
K07 - Westwood-NW Kalamazo 216 $35,617,765 $164,897 $162,000 + $905 23 27
K08 - N Side w/in City Limits 57 $4,767,109 $83,633 $72,500 - $1,848 33 34
K09 - Dntown S To Crosstown 61 $7,720,261 $126,562 $112,000 - $2,321 24 37
K10 - Edison/Washington Sq 97 $7,420,926 $76,504 $79,900 - $178 26 41
K11 - North To G Ave Parchment 73 $8,560,700 $117,270 $130,000 + $1,187 19 19
K12 - East to Twp Line Eastwood 149 $14,552,825 $97,670 $97,500 - $137 20 24
K13 - Comstock & Charleston 268 $53,865,402 $200,990 $190,000 - $650 26 35
K15 - Richland & Ross Twp 177 $49,252,605 $278,263 $235,000 - $5,118 43 70
K16 - Pavillion & Climax Tw 83 $19,344,153 $233,062 $210,000 - $7,064 30 35
K19 - North Portage 411 $93,372,466 $227,184 $200,000 - $1,684 24 33
K20 - South Portage 301 $77,692,432 $258,114 $230,000 - $3,769 32 40
K21 - Schoolcraft & Prairie Ronde Twp 172 $40,802,590 $237,224 $207,365 - $3,138 37 47
K22 - Oshtemo Twp 206 $58,020,706 $281,654 $255,500 - $3,239 36 43
K23 - Alamo & Cooper Twp 139 $31,422,023 $226,058 $205,000 - $639 20 28
K24 - Gull Lake 24 $23,594,067 $983,086 $752,500 - $66,726 55 61
K25 - Texas Township 259 $100,929,864 $389,691 $359,900 - $5,729 48 73
K27 - Wakeshma Twp 6 $646,206 $107,701 $109,500 - $2,764 27 27
K29 - Brady Twp 40 $12,138,295 $303,457 $242,500 - $4,297 22 25
K30 - Orangeville Twp 32 $9,363,210 $292,600 $247,000 - $5,018 39 47
K31 - Hope Twp 50 $10,691,030 $213,821 $192,500 - $17,920 50 56
K32 - Baltimore&Johnstown 55 $12,651,651 $230,030 $220,000 - $4,976 55 71
K33 - Prairieville Twp 35 $10,264,500 $293,271 $291,900 - $12,003 48 68
K34 - Barry Twp 41 $8,104,420 $197,669 $164,000 - $2,965 31 48
K53 - Trowbridge Twp 29 $6,773,200 $233,559 $199,900 - $2,179 29 69
K54 - Otsego Twp 116 $22,666,982 $195,405 $179,950 - $176 31 37
K55 - Gun Plain Twp 86 $15,974,618 $185,751 $174,800 - $236 30 36
K56 - Lake Doster 23 $8,010,350 $348,276 $315,000 - $5,342 46 53
K59 - Allegan Twp 130 $23,612,179 $181,632 $172,000 - $1,239 35 37
K60 - Watson Twp 18 $4,219,550 $234,419 $189,525 - $3,861 52 71
K61 - Martin Township 16 $3,050,378 $190,649 $178,500 - $251 27 39
K80 - Bloomingdale & Pine Grove 64 $13,794,440 $215,538 $194,950 - $1,552 33 52
K81 - Waverly & Almena Twp 87 $21,474,279 $246,831 $232,000 - $4,201 28 42
K85 - Paw Paw Twp Except V 40 $9,826,701 $245,668 $207,250 - $4,937 36 40
K86 - Antwerp Twp 131 $28,068,536 $214,264 $220,000 - $2,907 34 47
K87 - Porter Twp 31 $8,040,800 $259,381 $260,000 - $18,948 79 95
K88 - Village of Paw Paw 46 $6,974,399 $151,617 $147,450 - $2,204 20 37
K89 - Decatur Twp 49 $6,427,447 $131,172 $130,000 - $2,893 36 38
K89 - Decatur Twp 15 $1,376,500 $91,767 $83,000 - $3,320 44 44

 

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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2020 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

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