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Market Conditions as of December 2021

Shayne Wheeler

Posted by Shayne Wheeler
Jan 28, 2022 9:30:09 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*

1/1/2021 - 12/31/2021

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 5,302 $1,367,171,529  $257,860  $225,000  + $709 17 22
Non Co-op Sales 1,046 $296,005,166  $282,988  $240,000  - $1,472 17 23
Co-op Sales 4,256 $1,071,166,363  $251,684  $220,000  + $1,245 17 22
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 162 $27,904,515  $172,250  $175,000  + $7,049 5 6
K02 - Westnedge Hill 92 $19,102,996  $207,641  $185,350  + $2,483 14 17
K03 - Westnedge-Whites Rd 116 $22,333,330  $192,529  $154,200  + $3,624 9 9
K04 - Oakwood-Parkview 80 $15,202,033  $190,025  $159,950  + $1,993 10 12
K05 - Winchell & Hillcrest 65 $17,591,950  $270,645  $260,000  - $1,758 9 9
K06 - WMU/Kcollege/Arcadia 89 $21,892,402  $245,982  $230,000  - $206 45 52
K07 - Westwood-NW Kalamazoo 241 $47,358,700  $196,509  $190,000  + $5,683 9 12
K08 - N Side w/in City Limits 59 $6,723,538  $113,958  $103,500  - $569 17 27
K09 - Dntown S To Crosstown 80 $12,309,489  $153,869  $135,000  - $6,624 26 38
K10 - Edison/Washington Sq 124 $11,368,416  $91,681  $90,544  - $5,325 24 33
K11 - North To G Ave Parchment 121 $18,074,052  $149,372  $145,000  + $3,808 10 14
K12 - East to Twp Line Eastwood 169 $21,015,240  $124,351  $125,000  + $2,512 12 14
K13 - Comstock & Charleston 278 $64,700,925  $232,737  $210,128  + $2,894 17 25
K15 - Richland & Ross Twp 231 $76,187,482  $329,816  $291,000  - $770 24 32
K16 - Pavillion & Climax Tw 93 $26,312,730  $282,933  $265,000  + $2,290 9 10
K19 - North Portage 531 $143,927,416  $271,050  $243,000  + $2,279 13 18
K20 - South Portage 337 $107,777,065  $319,813  $285,000  + $685 22 28
K21 - Schoolcraft & Prairie Ronde Twp 223 $61,113,973  $274,054  $240,000  + $636 15 18
K22 - Oshtemo Twp 272 $87,033,532  $319,976  $286,000  + $517 19 23
K23 - Alamo & Cooper Twp 194 $47,036,303  $242,455  $226,500  + $3,320 10 11
K24 - Gull Lake 23 $23,811,500  $1,035,283  $840,000  - $40,613 32 158
K25 - Texas Township 333 $147,607,562  $443,266  $399,914  - $4,063 22 34
K27 - Wakeshma Twp 10 $2,454,500  $245,450  $189,750  - $9,970 21 25
K29 - Brady Twp 41 $11,978,508  $292,159  $220,000  - $5,643 18 22
K30 - Orangeville Twp 37 $10,154,300  $274,441  $255,000  - $532 12 17
K31 - Hope Twp 59 $15,768,496  $267,263  $235,000  - $4,564 28 29
K32 - Baltimore & Johnstown 59 $15,069,668  $255,418  $221,000  - $9,750 20 43
K33 - Prairieville Twp 57 $18,699,850  $328,068  $310,000  - $6,439 28 28
K34 - Barry Twp 49 $13,162,900  $268,631  $240,000  + $1,753 18 25
K53 - Trowbridge Twp 25 $5,627,400  $225,096  $232,000  + $4,640 16 17
K54 - Otsego Twp 162 $35,131,557  $216,861  $215,950  + $5,023 11 12
K55 - Gun Plain Twp 108 $24,076,142  $222,927  $212,750  + $4,209 11 15
K56 - Lake Doster 25 $9,326,500  $373,060  $365,000  - $4,988 20 22
K59 - Allegan Twp 154 $33,428,418  $217,068  $200,050  + $4,407 17 18
K60 - Watson Twp 14 $3,762,925  $268,780  $217,088  + $4,382 27 27
K61 - Martin Township 18 $4,121,151  $228,953  $221,652  + $10,175 5 5
K80 - Bloomingdale & Pine Grove 93 $19,244,143  $206,926  $185,000  + $1,939 21 22
K81 - Waverly & Almena Twp 109 $30,291,354  $277,902  $245,000  + $1,063 12 13
K85 - Paw Paw Twp Except V 48 $13,376,934  $278,686  $222,500  - $14,973 30 37
K86 - Antwerp Twp 207 $54,537,908  $263,468  $250,000  + $405 22 24
K87 - Porter Twp 19 $6,070,400  $319,495  $288,500  - $6,263 22 22
K88 - Village of Paw Paw 46 $7,992,327  $173,746  $166,014  - $2,082 18 20
K89 - Decatur Twp 49 $6,511,000  $132,878  $140,000  - $3,345 25 38

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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2022 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

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