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Market Conditions as of November 2017

Angela McMillan

Posted by Angela McMillan
Jan 4, 2018 5:09:01 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 - 11/30/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 5,078 $934,350,291 $184,000 $155,000 -$
4,163
37 46
Non Co-op Sales 1,032 $212,578,989 $205,987 $164,250 -$
5,576
34 44
Co-op Sales 4,046 $721,771,301 $178,391 $154,000 -$
3,803
38 47
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 170 $19,953,258 $117,372 $121,250 -$390 23 31
K02 - Westnedge Hill 99 $17,430,023 $176,061 $142,000 -$6,454 34 40
K03 - Westnedge-Whites Rd 106 $13,659,566 $128,864 $98,200 -$3,147 22 29
K04 - Oakwood-Parkview 103 $13,250,721 $128,648 $115,000 -$2,201 27 31
K05 - Winchell & Hillcrest 82 $18,116,999 $220,939 $202,450 -$5,159 40 50
K06 - WMU/Kcollege/Arcadia 72 $12,827,452 $178,159 $155,000 -$3,480 40 61
K07 - Westwood-NW Kalamazoo 273 $36,924,189 $135,253 $135,000 -$1,366 23 28
K08 - N Side w/in City Limits 53 $2,657,059 $50,133 $32,000 -$2,672 48 55
K09 - Dntown S To Crosstown 53 $4,669,803 $88,109 $80,000 -$3,556 39 49
K10 - Edison/Washington Sq 105 $5,617,345 $53,499 $53,500 -$2,137 42 50
K11 - North To G Ave Parchment N To G Ave 111 $11,721,433 $105,598 $104,000 +$285 29 35
K12 - East to Twp Line Eastwood 141 $11,036,854 $78,276 $78,500 -$307 27 34
K13 - Comstock & Charleston 261 $44,683,729 $171,202 $163,225 -$3,239 42 50
K15 - Richland & Ross Twp 214 $54,598,076 $255,131 $209,406 -$6,698 54 67
K16 - Pavilion & Climax Tw 108 $20,5000,482 $189,819 $171,122 -$2,346 36 46
K19 - North Portage 521 $97,842,977 $187,798 $162,000 -$2,886 27 33
K20 - South Portage 306 $70,672,969 $230,957 $195,000 -$3,031 35 40
K21 - Schoolcraft & Prairie Ronde Twp 232 $44,421,802 $191,473 $178,450 -$3,239 41 49
K22 - Oshtemo Twp 268 $58,255,210 $217,370 $198,250 -$4,606 38 52
K23 - Alamo & Cooper Twp 154 $25,481,603 $165,465 $152,500 -$3,131 34 39
K24 - Gull Lake 26 $22,826,345 $877,936 $769,000 -$76,344 74 100
K25 - Texas Township 322 $111,137,166 $345,146 $300,028 -$8,494 42 56
K27 - Wakeshma Twp 15 $1,668,970 $111,265 $115,000 -$2,090 50 73
K29 - Brady Twp 49 $9,291,170 $189,616 $151,000 -$9,097 28 40
K30 - Orangeville Twp 47 $10,563,641 $224,758 $179,900 -$7,264 62 97
K31 - Hope Twp 56 $10,854,926 $193,838 $139,000 -$10,324 45 48
K32 - Baltimore & Johnstown 41 $6,249,727 $152,432 $127,720 -$3,670 70 76
K33 - Prairievile Twp 42 $10,750,339 $255,960 $217,500 -$9,639 55 63
K34 - Barry Twp 51 $8,447,720 $165,642 $158,000 -$4,825 33 40
K53 - Trowbridge Twp 34 $5,858,850 $172,319 $172,450 -$8,651 63 66
K54 - Otsego Twp 143 $18,748,996 $131,112 $130,900 -$2,500 31 36
K55 - Gun Plain Twp 116 $17,457,172 $150,493 $139,900 -$2,602 33 41
K56 - Lake Doster 19 $5,507,800 $289,884 $243,000 -$4,358 43 52
K59 - Allegan Twp 127 $15,690,644 $123,548 $115,000 -$5,003 39 53
K60 - Watson Twp  20 $3,542,501 $177,125 $169,000 -$2,823 55 61
K61 - Martin Township 19 $2,714,450 $142,866 $140,000 -$7,929 65 65
K80 - Bloomingdale & Pine Grove 66 $861620500 $130,546 $114,250 -$4,482 56 69
K81 - Waverly & Almena Twp 111 $22,302,559 $200,924 $187,000 -$2,336 38 48
K85 - Paw Paw Twp Except V 40 $6,299,847 $157,496 $130,000 -$4,814 45 65
K86 - Antwerp Twp 193 $35,193,631 $182,350 $183,500 -$2,761 31 42
K87 - Porter Twp 33 $7,884,791 $238,933 $224,900 -$10,434 82 109
K88 - Village of Paw Paw 39 $4,103,945 $105,229 $109,000 -$3,922 44 61
K89 - Decatur Twp 37 $4,317,500 $116,689 $99,000 -$7,362 65 114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

 

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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. 

Angela McMillan

Angela McMillan

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