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Market Conditions as of March 2020

Angela McMillan

Posted by Angela McMillan
Apr 24, 2020 1:17:14 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.

Greater Kalamazoo Sales Statistics by Sub-Area*

3/1/2020 - 3/31/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 918 $179,474,773 $195,506 $170,000 - $5,124 43 55
Non Co-op Sales 181 $38,056,592 $210,257 $179,500 - $8,803 38 48
Co-op Sales 737 $141,418,181 $191,884 $169,900 - $4,220 44 57
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 26 $3,471,299 $133,512 $140,000 + $552 18 21
K02 - Westnedge Hill 14 $2,535,400 $181,100 $159,500 - $2,579 25 46
K03 - Westnedge-Whites Rd 23 $3,090,899 $134,387 $119,000 - $2,082 40 42
K04 - Oakwood-Parkview 12 $2,058,700 $171,558 $135,000 - $2,475 37 46
K05 - Winchell & Hillcrest 10 $2,081,700 $208,170 $167,450 - $5,360 25 25
K06 - WMU/Kcollege/Arcadia 14 $3,395,723 $242,552 $187,300 - $8,284 60 60
K07 - Westwood-NW Kalamazo 50 $7,442,300 $148,846 $141,000 - $2,716 44 50
K08 - N Side w/in City Limits 12 $1,209,307 $100,776 $50,750 - $6,400 29 34
K09 - Dntown S To Crosstown 12 $1,894,011 $157,834 $97,556 - $6,491 28 88
K10 - Edison/Washington Sq 29 $1,921,026 $66,242 $74,000 - $4,030 40 62
K11 - North To G Ave Parchment 18 $1,853,675 $102,982 $115,000 - $1,901 33 33
K12 - East to Twp Line Eastwood 29 $2,580,150 $88,971 $85,000 - $819 36 43
K13 - Comstock & Charleston 65 $11,052,407 $170,037 $167,900 - $92 37 51
K15 - Richland & Ross Twp 39 $8,531,727 $218,762 $210,000 - $6,039 62 72
K16 - Pavillion & Climax Tw 27 $5,377,200 $199,156 $182,000 - $10,763 40 55
K19 - North Portage 83 $18,306,226 $220,557 $194,255 - $5,006 33 53
K20 - South Portage 71 $16,458,952 $231,816 $186,500 - $5,965 44 52
K21 - Schoolcraft & Prairie Ronde Twp 37 $7,528,920 $203,484 $186,000 - $3,442 59 71
K22 - Oshtemo Twp 41 $10,892,989 $265,683 $257,000 - $5,660 35 46
K23 - Alamo & Cooper Twp 31 $5,887,724 $189,927 $170,000 - $6,155 37 37
K24 - Gull Lake 5 $3,899,000 $779,800 $730,000 - $46,980 82 102
K25 - Texas Township 51 $18,192,152 $356,709 $327,450 - $8,418 56 75
K27 - Wakeshma Twp 3 $213,000 $71,000 $68,000 - $6,633 46 46
K29 - Brady Twp 6 $1,166,701 $194,450 $141,750 - $5,626 54 69
K30 - Orangeville Twp 4 $554,900 $138,725 $154,950 - $11,975 34 34
K31 - Hope Twp 8 $1,096,501 $137,063 $147,250 - $59,825 37 37
K32 - Baltimore & Johnstown 11 $2,435,500 $221,409 $220,000 - $6,929 73 80
K33 - Prairieville Twp 4 $1,540,700 $385,175 $365,000 - $16,825 92 137
K34 - Barry Twp 7 $936,400 $133,771 $122,900 - $400 42 55
K53 - Trowbridge Twp 8 $1,780,300 $222,538 $183,000 - $4,362 43 43
K54 - Otsego Twp 35 $5,655,309 $161,580 $158,000 - $3,124 35 50
K55 - Gun Plain Twp 13 $1,856,800 $142,831 $140,000 - $3,532 43 51
K56 - Lake Doster 5 $1,619,950 $323,990 $291,450 - $7,350 80 115
K59 - Allegan Twp 23 $3,708,870 $161,255 $166,500 - $4,849 50 57
K60 - Watson Twp 5 $1,602,000 $320,400 $214,000 - $5,430 128 128
K61 - Martin Township 4 $552,500 $138,125 $155,250 - $5,025 19 68
K80 - Bloomingdale & Pine Grove 11 $2,239,845 $203,622 $212,000 - $7,560 57 101
K81 - Waverly & Almena Twp 15 $3,534,891 $235,659 $232,000 - $3,502 32 32
K85 - Paw Paw Twp Except V 8 $1,046,075 $130,759 $122,500 + $2,484 31 31
K86 - Antwerp Twp 26 $5,202,344 $200,090 $203,684 + $437 45 75
K87 - Porter Twp 5 $986,500 $197,300 $185,000 - $16,280 94 94
K88 - Village of Paw Paw 11 $1,500,700 $136,427 $132,000 - $5,353 33 55
K89 - Decatur Twp 7 $583,500 $83,357 $68,000 - $3,871 54 54



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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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