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Market Conditions as of February 2017

Shayne Wheeler

Posted by Shayne Wheeler
Mar 20, 2017 4:28:51 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.

Sales Statistics by Sub-Area*

1/1/2017 - 2/28/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 506 $78,490,865 $155,120 $131,750 -$
4,236
51 65
Non Co-op Sales 104 $18,431,934 $177,230 $138,750 -$
3,531
43 55
Co-op Sales 402 $60,058,931 $149,400 $129,000 -$
4,419
53 67
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 17 $1,916,300 $112,724 $114,000 -$
2,678
28 45
K02 - Westnedge Hill 9 $911,734 $101,304 $92,000 -$
8,885
90 97
K03 - Westnedge-Whites Rd 12 $1,035,300 $86,275 $77,500 -$
3,100
40 40
K04 - Oakwood-Parkview 10 $1,526,900 $152,690 $107,500 - $6,720 64 100
K05 - Winchell & Hillcrest 5 $864,400 $172,880 $195,000 -$
12,180
124 145
K06 - WMU/Kcollege/Arcadia 2 $394,000 $197,000 $197,000 -$
17,450
84 84
K07 - Westwood-NW Kalamazoo 27 $3,349,360 $124,050 $121,000 -$
3,035
33 41
K08 - N Side w/in City Limits 1 $28,000 $28,000 $28,000 $
2,000
18 18
K09 - Dntown S To Crosstown 8 $603,010 $75,376 $79,500 -$
1,912
34 34
K10 - Edison/Washington Sq 10 $347,260 $34,726 $28,000 -$
549
39 50
K11 - North To G Ave Parchment N To G Ave 9 $747,900 $83,100 $88,500 -$
2,789
62 105
K12 - East to Twp Line Eastwood 15 $951,074 $63,405 $62,500 + $6,043 39 45
K13 - Comstock & Charleston 26 $3,500,430 $134,632 $122,450 - $1,996 65 78
K15 - Richland & Ross Twp 16 $3,804,900 $237,806 $186,700 -$
7,262
60 71
K16 - Pavilion & Climax Tw 6 $792,249 $132,042 $118,300 $5,992 83 91
K19 - North Portage 60 $10,408,790 $173,480 $157,500 -$
4,456
40 50
K20 - South Portage 25 $5,595,791 $223,832 $184,900 -$
4,016
51 51
K21 - Schoolcraft & Prairie Ronde Twp 27 $4,934,679 $182,766 $191,215 + $83 49 65
K22 - Oshtemo Twp 25 $5,183,324 $207,333 $180,000 -$
9,741
52 66
K23 - Alamo & Cooper Twp 19 $2,291,930 $120,628 $125,000 -$
135
47 51
K24 - Gull Lake 1 $475,000 $475,000 $475,000 -$
59,900
78 165
K25 - Texas Township 24 $6,505,874 $271,078 $262,500 -$
8,359
67 67
K27 - Wakeshma Twp 0 $0 $0 $0 $0 NA NA
K29 - Brady Twp 7 $998,400 $142,629 $114,900 -$
5,000
16 35
K30 - Orangeville Twp 9 $1,317,546 $146,394 $163,900 -$
4,330
68 175
K31 - Hope Twp 7 $1,332,083 $190,298 $140,000 -$
22,081
77 77
K32 - Baltimore & Johnstown 3 $324,000 $108,000 $147,000 -$
3,133
25 84
K33 - Prairievile Twp 7 $2,017,900 $288,271 $265,000 -$
11,500
60 82
K34 - Barry Twp 2 $379,900 $189,950 $189,950 -$950 91 91
K53 - Trowbridge Twp 3 $705,000 $235,000 $38,000 -$
19,967
90 90
K54 - Otsego Twp 16 $1,652,459 $103,279 $94,250 -$
2,840
41 47
K55 - Gun Plain Twp 16 $2,068,134 $129,258 $121,950 -$
6,008
43 54
K56 - Lake Doster 2 $394,900 $197,450 $197,450 -$
2,450
46 46
K59 - Allegan Twp 19 $2,123,880 $111,783 $118,000 -$
4,338
61 71
K60 - Watson Twp  1 $68,000 $68,000 $68,000 -$4,900 51 93
K61 - Martin Township 2 $220,500 $110,250 $110,250 -$
4,700
138 138
K80 - Bloomingdale & Pine Grove 7 $705,900 $100,843 $110,000 +$
2,514
48 83
K81 - Waverly & Almena Twp 14 $2,228,819 $159,201 $161,000 +$373 36 39
K85 - Paw Paw Twp Except V 3 $228,777 $76,259 $87,777 + $4,626 41 42
K86 - Antwerp Twp 22 $4,019,562 $182,707 $178,500 - $587 43 54
K87 - Porter Twp 4 $849,900 $212,475 $224,950 -$
16,000
60 60
K88 - Village of Paw Paw 5 $492,000 $98,400 $115,000 -$3,407 63 63
K89 - Decatur Twp 3 $195,000 $65,000 $51,000 -$
7,300
149 198

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

 

 

 

 

 

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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. 

Shayne Wheeler

Shayne Wheeler

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