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Market Conditions as of March 2021

Angela McMillan

Posted by Angela McMillan
Apr 27, 2021 2:11:35 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*

1/1/2021 - 3/31/2021

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 881 $208,465,832 $236,624 $193,500 - $2,964 25 34
Non Co-op Sales 173 $43,289,519 $250,228 $197,000 - $6,320 23 32
Co-op Sales 708 $165,176,312 $233,300 $192,395 - $2,144 26 35
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 23 $3,605,850 $156,776 $166,000 + $2,478 4 4
K02 - Westnedge Hill 20 $4,087,800 $204,390 $209,000 - $975 20 25
K03 - Westnedge-Whites Rd 20 $3,194,780 $159,739 $118,500 + $2,659 5 5
K04 - Oakwood-Parkview 19 $2,960,800 $155,832 $137,000 - $5 18 23
K05 - Winchell & Hillcrest 7 $1,939,900 $277,129 $291,000 - $14,386 12 12
K06 - WMU/Kcollege/Arcadia 12 $2,640,055 $220,005 $147,250 - $4,779 30 52
K07 - Westwood-NW Kalamazo 30 $5,411,184 $180,373 $182,500 + $368 10 12
K08 - N Side w/in City Limits 10 $1,492,300 $149,230 $119,000 - $3,680 15 15
K09 - Dntown S To Crosstown 9 $1,922,900 $213,656 $175,000 - $16,856 24 39
K10 - Edison/Washington Sq 21 $1,664,400 $79,257 $82,400 - $1,701 50 75
K11 - North To G Ave Parchment 25 $3,645,658 $145,826 $137,000 + $871 14 24
K12 - East to Twp Line Eastwood 42 $4,542,926 $108,165 $115,450 + $2,717 15 17
K13 - Comstock & Charleston 33 $7,189,400 $217,861 $183,000 - $3,960 31 50
K15 - Richland & Ross Twp 41 $11,960,050 $291,709 $275,000 - $3,341 31 37
K16 - Pavillion & Climax Tw 14 $3,444,900 $246,064 $233,000 + $14 13 13
K19 - North Portage 81 $18,244,980 $225,247 $197,300 - $1,201 13 17
K20 - South Portage 63 $18,613,835 $295,458 $261,000 - $4,321 29 34
K21 - Schoolcraft & Prairie Ronde Twp 30 $7,943,820 $264,794 $219,950 - $3,052 26 29
K22 - Oshtemo Twp 47 $13,425,485 $285,649 $279,900 - $2,269 31 40
K23 - Alamo & Cooper Twp 31 $6,231,082 $201,003 $182,000 - $2,394 22 24
K24 - Gull Lake 7 $5,486,500 $783,786 $625,000 - $44,486 66 384
K25 - Texas Township 57 $25,762,296 $451,970 $399,900 - $5,470 46 65
K27 - Wakeshma Twp 2 $659,500 $329,750 $329,750 - $5,200 62 62
K29 - Brady Twp 4 $1,064,208 $266,052 $192,104 - $18,873 35 53
K30 - Orangeville Twp 10 $2,905,800 $290,580 $219,150 - $1,500 16 16
K31 - Hope Twp 11 $2,804,200 $254,927 $219,000 - $9,136 84 84
K32 - Baltimore&Johnstown 10 $2,107,405 $210,740 $183,950 - $7,204 20 48
K33 - Prairieville Twp 6 $1,315,250 $219,208 $216,175 - $7,425 33 33
K34 - Barry Twp 8 $2,208,900 $276,112 $269,950 - $4,275 43 84
K53 - Trowbridge Twp 5 $836,000 $167,200 $160,000 - $6,760 38 38
K54 - Otsego Twp 27 $4,871,469 $180,425 $180,000 + $995 13 16
K55 - Gun Plain Twp 20 $4,517,325 $225,866 $222,000 - $1,489 18 33
K56 - Lake Doster 4 $1,559,000 $389,750 $384,500 + $1,775 28 28
K59 - Allegan Twp 28 $4,618,350 $164,941 $150,175 + $3,038 20 22
K60 - Watson Twp 5 $1,703,250 $340,650 $331,000 + $5,090 55 55
K61 - Martin Township 3 $625,000 $208,333 $175,000 + $16,700 2 2
K80 - Bloomingdale & Pine Grove 16 $2,716,750 $169,797 $160,000 - $34 33 33
K81 - Waverly & Almena Twp 15 $3,673,400 $244,893 $219,500 - $4,624 15 18
K85 - Paw Paw Twp Except V 8 $2,378,674 $297,334 $167,250 - $56,362 30 63
K86 - Antwerp Twp 37 $8,633,550 $233,339 $220,000 - $1,067 30 30
K87 - Porter Twp 4 $1,418,000 $354,500 $415,000 - $2,725 13 13
K88 - Village of Paw Paw 8 $1,140,500 $142,562 $142,500 - $10,088 35 35
K89 - Decatur Twp 8 $1,298,400 $162,300 $151,100 - $7,612 24 24

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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2021 MichRIC, LLC All rights reserved. 

Angela McMillan

Angela McMillan

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