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Market Conditions as of February 2020

Angela McMillan

Posted by Angela McMillan
Mar 27, 2020 11:25:14 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*

2/1/2020 - 2/29/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 551 $104,234,240 $189,173 $167,900 - $5,505 42 54
Non Co-op Sales 109 $21,860,677 $200,557 $170,000 - $10,030 35 47
Co-op Sales 442 $82,373,562 $186,366 $166,950 - $4,389 43 56
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 14 $1,773,499 $126,678 $128,950 + $1,268 17 17
K02 - Westnedge Hill 10 $1,941,500 $194,150 $162,500 - $3,630 25 53
K03 - Westnedge-Whites Rd 14 $1,716,099 $122,578 $114,500 - $1,543 37 40
K04 - Oakwood-Parkview 6 $1,224,300 $204,050 $202,500 - $1,400 22 22
K05 - Winchell & Hillcrest 4 $761,900 $190,475 $147,500 - $6,575 33 33
K06 - WMU/Kcollege/Arcadia 8 $2,190,823 $273,853 $260,500 - $9,595 84 84
K07 - Westwood-NW Kalamazo 26 $3,850,100 $148,081 $139,000 - $2,500 39 44
K08 - N Side w/in City Limits 10 $534,307 $53,431 $47,250 - $6,190 33 39
K09 - Dntown S To Crosstown 5 $405,500 $81,100 $70,000 - $8,820 27 32
K10 - Edison/Washington Sq 18 $1,102,008 $61,223 $62,504 - $3,466 41 50
K11 - North To G Ave Parchment 12 $1,141,800 $95,150 $102,500 - $3,533 37 37
K12 - East to Twp Line Eastwood 17 $1,699,450 $99,968 $109,000 - $1,332 37 42
K13 - Comstock & Charleston 39 $6,552,745 $168,019 $177,130 - $1,288 39 59
K15 - Richland & Ross Twp 26 $4,981,827 $191,609 $192,950 - $6,024 65 72
K16 - Pavillion & Climax Tw 15 $3,179,400 $211,960 $182,000 - $13,967 46 61
K19 - North Portage 48 $10,426,806 $217,225 $180,000 - $5,193 28 48
K20 - South Portage 45 $9,962,752 $221,394 $186,500 - $7,309 45 56
K21 - Schoolcraft & Prairie Ronde Twp 20 $3,708,725 $185,436 $178,752 - $2,480 67 84
K22 - Oshtemo Twp 27 $7,365,189 $272,785 $265,390 - $3,843 23 36
K23 - Alamo & Cooper Twp 19 $3,227,064 $169,845 $163,000 - $3,641 29 29
K24 - Gull Lake 2 $1,005,000 $502,500 $502,500 - $60,000 20 20
K25 - Texas Township 29 $10,415,933 $359,170 $336,000 - $6,871 53 78
K27 - Wakeshma Twp 3 $213,000 $71,000 $68,000 - $6,633 46 46
K29 - Brady Twp 3 $842,500 $280,833 $150,000 - $12,102 57 57
K30 - Orangeville Twp 1 $189,900 $189,900 $189,900  $0 5 5
K31 - Hope Twp 6 $814,501 $135,750 $147,250 - $76,116 25 25
K32 - Baltimore&Johnstown 9 $1,765,500 $196,167 $160,000 - $4,691 56 66
K33 - Prairieville Twp 0 $0 $0 $0  $0 NA NA
K34 - Barry Twp 7 $936,400 $133,771 $122,900 - $400 42 55
K53 - Trowbridge Twp 6 $1,426,900 $237,817 $186,000 - $4,917 38 38
K54 - Otsego Twp 18 $3,105,609 $172,534 $175,500 - $2,953 23 42
K55 - Gun Plain Twp 8 $1,218,800 $152,350 $149,450 - $589 44 57
K56 - Lake Doster 4 $1,328,500 $332,125 $302,500 - $8,300 76 119
K59 - Allegan Twp 13 $2,112,300 $162,485 $138,500 - $5,846 51 62
K60 - Watson Twp 3 $1,121,000 $373,667 $160,000 - $8,000 154 154
K61 - Martin Township 3 $359,500 $119,833 $117,500 - $7,733 25 89
K80 - Bloomingdale & Pine Grove 10 $2,027,845 $202,784 $204,950 - $8,016 57 106
K81 - Waverly & Almena Twp 10 $2,272,700 $227,270 $223,450 - $7,103 36 36
K85 - Paw Paw Twp Except V 4 $463,900 $115,975 $113,000 + $8,150 39 39
K86 - Antwerp Twp 16 $3,228,457 $201,779 $211,384 - $1,127 44 59
K87 - Porter Twp 4 $751,500 $187,875 $176,250 - $19,125 101 101
K88 - Village of Paw Paw 4 $470,700 $117,675 $111,750 - $1,575 42 61
K89 - Decatur Twp 5 $418,000 $83,600 $68,000 - $5,140 55 55



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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2020 MichRIC, LLC All rights reserved. 

Angela McMillan

Angela McMillan

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