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Market Conditions as of December 2019

Shayne Wheeler

Posted by Shayne Wheeler
Jan 31, 2020 8:44:32 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 - 12/31/2019

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 5,204 $1,064,228,422 $204,502 $178,500 - $4,487 31 40
Non Co-op Sales 1,020 $229,538,416 $225,038 $185,750 - $7,056 30 39
Co-op Sales 4,184 $834,690,006 $199,496 $175,000 - $3,860 32 40
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 133 $18,049,232 $135,709 $135,000 - $663 16 17
K02 - Westnedge Hill 73 $14,592,110 $199,892 $203,500 - $4,222 20 23
K03 - Westnedge-Whites Rd 100 $14,862,155 $148,622 $126,000 - $2,748 24 26
K04 - Oakwood-Parkview 65 $9,711,420 $149,406 $137,500 - $2,959 21 25
K05 - Winchell & Hillcrest 89 $21,024,953 $236,235 $195,000 - $3,988 27 36
K06 - WMU/Kcollege/Arcadia 77 $17,035,133 $221,235 $187,000 + $358 33 40
K07 - Westwood-NW Kalamazoo 252 $39,399,391 $156,347 $154,930 - $570 17 20
K08 - N Side w/in City Limits 55 $4,294,851 $78,088 $64,100 + $315 25 28
K09 - Downtown S To Crosstown 58 $7,492,650 $129,184 $102,000 - $3,280 34 38
K10 - Edison/Washington Sq 117 $7,283,339 $62,251 $62,000 - $2,033 24 29
K11 - North To G Ave Parchment N To G Ave 116 $13,587,852 $117,137 $119,900 + $808 17 26
K12 - East to Twp Line Eastwood 156 $14,761,206 $94,623 $95,450 - $1,210 21 27
K13 - Comstock & Charleston 299 $53,935,014 $180,385 $170,000 - $8,402 34 42
K15 - Richland & Ross Twp 199 $52,982,560 $266,244 $230,000 - $6,128 45 52
K16 - Pavilion & Climax Twp 91 $19,972,891 $219,482 $210,000 - $2,152 29 34
K19 - North Portage 527 $107,427,993 $203,848 $183,500 - $2,720 26 31
K20 - South Portage 346 $81,623,168 $235,905 $214,450 - $3,303 27 32
K21 - Schoolcraft & Prairie Ronde Twp 237 $51,636,709 $217,876 $190,000 - $4,325 30 39
K22 - Oshtemo Twp 304 $78,594,627 $258,535 $250,000 - $4,962 35 53
K23 - Alamo & Cooper Twp 169 $32,341,944 $191,372 $180,000 - $1,860 24 29
K24 - Gull Lake 30 $25,506,781 $850,226 $738,500 - $103,514 82 120
K25 - Texas Township 317 $114,702,050 $361,836 $330,000 - $8,799 46 62
K27 - Wakeshma Twp 13 $2,163,900 $166,454 $152,000 - $9,223 63 65
K29 - Brady Twp 49 $9,393,123 $191,696 $168,500 - $6,155 24 26
K30 - Orangeville Twp 33 $6,948,113 $210,549 $190,000 - $7,045 51 76
K31 - Hope Twp 63 $13,585,350 $215,640 $195,700 - $7,710 58 59
K32 - Baltimore & Johnstown 66 $12,851,101 $194,714 $179,000 - $7,457 45 46
K33 - Prairievile Twp 48 $12,219,000 $254,562 $216,250 - $14,573 44 74
K34 - Barry Twp 38 $7,477,285 $196,771 $176,750 - $8,165 57 82
K53 - Trowbridge Twp 34 $6,405,200 $188,388 $180,450 - $4,535 30 34
K54 - Otsego Twp 152 $25,520,645 $167,899 $147,000 - $1,096 25 28
K55 - Gun Plain Twp 116 $21,221,047 $182,940 $165,000 - $2,388 25 27
K56 - Lake Doster 23 $6,533,200 $284,052 $275,000 - $6,043 27 32
K59 - Allegan Twp 159 $25,371,236 $159,568 $152,500 - $2,373 37 47
K60 - Watson Twp  19 $3,319,160 $174,693 $171,000 - $449 34 49
K61 - Martin Township 22 $3,293,624 $149,710 $147,500 - $194 10 10
K80 - Bloomingdale & Pine Grove 82 $14,098,650 $171,935 $146,500 - $5,438 46 62
K81 - Waverly & Almena Twp 105 $23,473,700 $223,559 $202,400 - $5,415 40 57
K85 - Paw Paw Twp Except V 41 $7,609,390 $185,595 $165,000 - $1,252 49 66
K86 - Antwerp Twp 211 $43,631,950 $206,786 $203,000 - $3,352 35 49
K87 - Porter Twp 27 $6,442,700 $238,619 $187,500 - $10,652 39 51
K88 - Village of Paw Paw 58 $7,620,305 $131,385 $122,875 - $2,819 25 31
K89 - Decatur Twp 35 $4,231,715 $120,906 $100,000 - $7,677 58 74



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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. 

Shayne Wheeler

Shayne Wheeler

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