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Market Conditions as of March 2017

Shayne Wheeler

Posted by Shayne Wheeler
Apr 14, 2017 11:14:36 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*

1/1/2017 - 3/31/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 924 $149,722,595 $162,037 $135,000 -$
3,916
51 66
Non Co-op Sales 191 $36,083,698 $188,920 $148,454 -$
4,336
47 60
Co-op Sales 733 $113,638,897 $155,033 $130,000 -$
3,807
52 68
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 29 $3,164,300 $109,114 $109,900 -$
3,704
34 51
K02 - Westnedge Hill 14 $1,368,734 $97,767 $91,867 -$
6,911
72 85
K03 - Westnedge-Whites Rd 22 $2,618,827 $119,038 $84,950 -$
7,081
41 50
K04 - Oakwood-Parkview 13 $1,966,800 $151,292 $110,000 - $5,938 61 90
K05 - Winchell & Hillcrest 10 $1,882,400 $188,240 $197,450 -$
9,680
118 128
K06 - WMU/Kcollege/Arcadia 8 $1,430,410 $178,801 $133,500 -$
6,610
51 145
K07 - Westwood-NW Kalamazoo 47 $5,712,258 $121,537 $118,000 -$
2,286
33 51
K08 - N Side w/in City Limits 7 $222,800 $31,829 $26,000 $
757
121 121
K09 - Dntown S To Crosstown 15 $1,237,775 $82,518 $78,000 -$
2,542
41 41
K10 - Edison/Washington Sq 23 $1,021,960 $44,433 $35,000 -$
882
41 57
K11 - North To G Ave Parchment N To G Ave 20 $1,640,270 $82,014 $82,450 -$
1,146
59 87
K12 - East to Twp Line Eastwood 24 $1,818,574 $75,774 $79,450 + $4,011 39 43
K13 - Comstock & Charleston 44 $5,900,504 $134,102 $127,000 - $2,751 54 62
K15 - Richland & Ross Twp 39 $9,233,700 $236,762 $192,000 -$
7,761
49 66
K16 - Pavilion & Climax Tw 16 $2,717,550 $169,847 $178,750 $1,141 50 71
K19 - North Portage 111 $18,831,440 $169,653 $157,000 -$
3,274
44 52
K20 - South Portage 53 $12,305,658 $232,182 $182,000 -$
3,751
56 57
K21 - Schoolcraft & Prairie Ronde Twp 41 $7,276,744 $177,482 $184,900 - $2,060 58 72
K22 - Oshtemo Twp 49 $9,940,083 $202,859 $180,000 -$
7,137
51 78
K23 - Alamo & Cooper Twp 30 $3,573,830 $119,128 $126,450 -$
415
42 51
K24 - Gull Lake 4 $2,565,344 $641,336 $656,500 -$
66,764
92 114
K25 - Texas Township 51 $16,798,973 $329,392 $310,960 -$
5,053
55 74
K27 - Wakeshma Twp 3 $300,170 $100,057 $93,500 $4,543 80 80
K29 - Brady Twp 11 $1,697,900 $154,355 $136,500 -$
2,891
21 33
K30 - Orangeville Twp 16 $2,180,046 $136,253 $161,950 -$
1,420
58 124
K31 - Hope Twp 10 $1,976,003 $197,600 $157,500 -$
16,445
77 77
K32 - Baltimore & Johnstown 9 $1,146,620 $127,402 $127,720 -$
2,053
75 94
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 6 $959,600 $159,933 $153,500 -$
13,033
97 97
K54 - Otsego Twp 30 $3,236,409 $107,880 $106,500 -$
4,255
43 51
K55 - Gun Plain Twp 22 $$2,757,234 $125,329 $121,950 -$
5,565
35 43
K56 - Lake Doster 4 $886,900 $221,725 $197,450 -$
1,950
60 106
K59 - Allegan Twp 27 $2,920,580 $108,170 $110,000 -$
3,771
56 63
K60 - Watson Twp  2 $193,000 $68,000 $96,500 +$100 27 48
K61 - Martin Township 6 $874,500 $145,750 $135,000 -$
3,783
60 60
K80 - Bloomingdale & Pine Grove 9 $928,900 $103,211 $110,000 -$
700
54 81
K81 - Waverly & Almena Twp 24 $3,928,619 $163,692 $158,500 +$111 51 61
K85 - Paw Paw Twp Except V 7 $652,777 $93,254 $91,500 -$1,232 40 41
K86 - Antwerp Twp 37 $7,095,902 $191,781 $190,000 - $1,575 40 56
K87 - Porter Twp 6 $1,105,900 $184,317 $209,500 -$
11,300
66 66
K88 - Village of Paw Paw 8 $775,400 $96,925 $107,000 -$2,429 61 128
K89 - Decatur Twp 8 $479,400 $59,925 $59,500 -$
5,400
103 196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

  

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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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