KHORUS.png

GKAR Newsfeed

Market Conditions as of February 2019

Shayne Wheeler

Posted by Shayne Wheeler
Mar 27, 2019 11:13:57 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*

2/1/2019 - 2/28/2019

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 514 $96,204,529 $187,168 $162,000 - $4,963 42 54
Non Co-op Sales 104 $21,569,764 $207,402 $171,750 - $5,356 33 42
Co-op Sales 410 $74,634,765 $182,036 $160,000 - $4,863 45 57
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 13 $1,567,766 $120,597 $123,500 - $319 38 46
K02 - Westnedge Hill 6 $1,570,700 $281,950 $286,450 - $10,833 71 90
K03 - Westnedge-Whites Rd 11 $2,194,850 $199,532 $123,500 - $1,018 20 20
K04 - Oakwood-Parkview 12 $1,690,200 $140,850 $122,600 - $4,925 32 40
K05 - Winchell & Hillcrest 9 $1,681,505 $186,834 $177,000 - $437 40 40
K06 - WMU/Kcollege/Arcadia 6 $2,005,234 $334,206 $323,926 + $3,545 22 22
K07 - Westwood-NW Kalamazoo 29 $3,868,617 $133,401 $133,000 - $3,848 29 29
K08 - N Side w/in City Limits 4 $235,450 $58,862 $63,250 - $2,938 47 47
K09 - Downtown S To Crosstown 10 $1,097,000 $109,700 $103,500 - $4,990 32 32
K10 - Edison/Washington Sq 23 $1,200,226 $52,184 $56,000 - $3,608 25 28
K11 - North To G Ave Parchment N To G Ave 16 $1,652,850 $103,303 $105,950 - $844 29 29
K12 - East to Twp Line Eastwood 16 $1,324,000 $82,750 $81,500 - $2,325 28 39
K13 - Comstock & Charleston 22 $3,453,700 $156,986 $145,000 - $4,157 49 53
K15 - Richland & Ross Twp 22 $5,101,100 $244,045 $206,300 - $9,518 67 78
K16 - Pavilion & Climax Twp 5 $993,600 $198,720 $188,000 - $7,020 52 71
K19 - North Portage 57 $11,236,250 $197,127 $166,500 - $4,948 46 54
K20 - South Portage 29 $6,292,578 $216,985 $219,900 - $2,201 50 59
K21 - Schoolcraft & Prairie Ronde Twp 22 $5,560,033 $252,729 $222,450 - $5,378 42 54
K22 - Oshtemo Twp 21 $4,927,525 $234,644 $243,000 - $7,735 54 54
K23 - Alamo & Cooper Twp 23 $4,035,700 $175,465 $169,900 + $818 26 44
K24 - Gull Lake 0 $0 $0 $0 $0 NA NA
K25 - Texas Township 26 $8,540,745 $328,490 $322,500 - $8,605 60 84
K27 - Wakeshma Twp 0 $0 $0 $0 $0 NA NA
K29 - Brady Twp 6 $1,091,900 $181,983 $162,000 - $3,800 33 33
K30 - Orangeville Twp 7 $1,726,800 $246,686 $165,000 - $10,200 32 122
K31 - Hope Twp 2 $453,000 $226,500 $226,500 - $10,000 76 76
K32 - Baltimore & Johnstown 5 $843,300 $168,660 $155,000 - $1,960 42 42
K33 - Prairievile Twp 7 $2,413,400 $344,771 $395,500 - $27,757 85 127
K34 - Barry Twp 7 $1,788,500 $255,500 $241,000 - $17,857 60 113
K53 - Trowbridge Twp 4 $821,900 $205,475 $195,000 - $1,975 57 57
K54 - Otsego Twp 18 $2,859,425 $158,857 $133,000 - $1,115 15 15
K55 - Gun Plain Twp 5 $914,750 $182,950 $174,000 - $8,900 25 46
K56 - Lake Doster 0 $0 $0 $0 $0 NA NA
K59 - Allegan Twp 13 $1,724,500 $132,654 $137,500 - $1,515 59 59
K60 - Watson Twp  1 $84,500 $84,500 $84,500 - $14,500 32 277
K61 - Martin Township 1 $180,000 $180,000 $180,000 $0 12 12
K80 - Bloomingdale & Pine Grove 6 $1,114,550 $185,758 $187,500 - $8,542 48 92
K81 - Waverly & Almena Twp 16 $3,840,830 $240,052 $240,915 - $6,792 45 45
K85 - Paw Paw Twp Except V 5 $1,044,000 $208,800 $200,000 - $13,120 72 109
K86 - Antwerp Twp 20 $3,716,745 $185,837 $189,950 - $2,537 46 74
K87 - Porter Twp 3 $734,000 $133,000 $136,000 - $31,433 48 150
K88 - Village of Paw Paw 4 $487,800 $133,000 $122,400 - $4,725 28 28
K89 - Decatur Twp 2 $135,000 $67,500 $67,500 - $7,500 42 42



(Top)

*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

Connect with me here: