KHORUS.png

GKAR Newsfeed

Market Conditions as of November 2021

Shayne Wheeler

Posted by Shayne Wheeler
Jan 5, 2022 12:18:54 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*

1/1/2021 - 11/30/2021

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 4,836 $1,243,054,312  $257,042  $225,000  + $893 17 22
Non Co-op Sales 967 $272,593,243  $281,896  $240,000  - $1,592 16 21
Co-op Sales 3,869 $970,461,069  $250,830  $220,000  + $1,514 17 22
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 147 $25,559,615  $173,875  $175,000  + $7,548 5 5
K02 - Westnedge Hill 86 $17,812,996  $207,128  $185,000  + $3,183 14 16
K03 - Westnedge-Whites Rd 106 $20,996,330  $198,079  $160,500  + $3,719 9 9
K04 - Oakwood-Parkview 76 $14,619,633  $192,364  $160,000  + $2,327 10 12
K05 - Winchell & Hillcrest 59 $15,682,950  $265,813  $258,000  - $1,135 9 9
K06 - WMU/Kcollege/Arcadia 83 $20,836,602  $251,043  $240,000  + $163 45 53
K07 - Westwood-NW Kalamazo 210 $41,016,010  $195,314  $189,950  + $6,292 9 11
K08 - N Side w/in City Limits 54 $6,084,138  $112,669  $102,875  - $269 17 27
K09 - Dntown S To Crosstown 72 $11,099,589  $154,161  $136,400  - $6,688 22 24
K10 - Edison/Washington Sq 112 $10,107,806  $90,248  $90,000  - $5,934 25 35
K11 - North To G Ave Parchment 115 $17,178,052  $149,374  $145,000  + $3,718 10 15
K12 - East to Twp Line Eastwood 153 $18,725,840  $122,391  $125,000  + $2,506 12 15
K13 - Comstock & Charleston 244 $55,473,125  $227,349  $210,000  + $3,814 17 26
K15 - Richland & Ross Twp 211 $70,063,032  $332,052  $291,250  - $394 25 33
K16 - Pavillion & Climax Tw 87 $24,657,730  $283,422  $265,000  + $2,434 9 10
K19 - North Portage 486 $130,940,748  $269,425  $242,500  + $2,310 12 18
K20 - South Portage 307 $98,446,256  $320,672  $289,000  + $183 22 29
K21 - Schoolcraft & Prairie Ronde Twp 204 $55,696,073  $273,020  $240,500  + $625 15 18
K22 - Oshtemo Twp 248 $78,297,112  $315,714  $285,000  + $411 17 21
K23 - Alamo & Cooper Twp 184 $44,042,403  $239,361  $225,500  + $3,529 10 11
K24 - Gull Lake 22 $23,096,500  $1,049,841  $845,000  - $41,368 33 165
K25 - Texas Township 305 $134,119,793  $439,737  $395,000  - $3,669 22 34
K27 - Wakeshma Twp 7 $1,774,500  $253,500  $190,000  - $5,971 24 24
K29 - Brady Twp 35 $10,799,008  $308,543  $220,000  - $4,773 19 24
K30 - Orangeville Twp 35 $9,404,300  $268,694  $255,000  + $837 11 11
K31 - Hope Twp 53 $14,603,596  $275,540  $245,000  - $4,154 28 29
K32 - Baltimore&Johnstown 54 $13,296,880  $246,239  $210,000  - $10,822 19 40
K33 - Prairieville Twp 52 $16,314,850  $313,747  $298,000  - $5,447 28 28
K34 - Barry Twp 43 $10,810,500  $251,407  $237,000  + $893 19 27
K53 - Trowbridge Twp 23 $5,317,400  $231,191  $240,000  + $4,170 17 18
K54 - Otsego Twp 148 $31,959,757  $215,944  $213,450  + $4,751 10 11
K55 - Gun Plain Twp 103 $22,917,142  $222,497  $213,000  + $4,565 11 14
K56 - Lake Doster 23 $8,616,500  $374,630  $365,000  - $5,422 18 20
K59 - Allegan Twp 141 $30,180,883  $214,049  $195,000  + $4,861 15 16
K60 - Watson Twp 14 $3,762,925  $268,780  $217,088  + $4,382 27 27
K61 - Martin Township 17 $3,791,151  $223,009  $220,000  + $10,179 5 5
K80 - Bloomingdale & Pine Grove 83 $16,766,695  $202,008  $184,900  + $2,382 21 22
K81 - Waverly & Almena Twp 97 $27,715,954  $285,731  $248,600  + $2,626 12 12
K85 - Paw Paw Twp Except V 43 $12,153,534  $282,640  $225,000  - $17,400 31 39
K86 - Antwerp Twp 194 $50,402,178  $259,805  $250,000  + $427 22 24
K87 - Porter Twp 15 $4,741,400  $316,093  $290,000  - $2,340 16 16
K88 - Village of Paw Paw 43 $7,427,427  $172,731  $167,000  - $2,113 18 20
K89 - Decatur Twp 42 $5,745,400  $136,795  $141,250  - $3,307 25 32

(Top)

*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2021 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

Connect with me here: