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Market Conditions as of April 2017

Shayne Wheeler

Posted by Shayne Wheeler
May 17, 2017 10:23:55 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 - 4/30/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 1,348 $227,615,560 $168,854 $143,250 -$
3,760
50 64
Non Co-op Sales 275 $52,083,996 $189,396 $154,000 -$
4,058
45 57
Co-op Sales 1,073 $175,531,564 $163,590 $140,000 -$
3,684
51 65
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 37 $3,977,800 $107,508 $105,000 -$
2,742
39 64
K02 - Westnedge Hill 22 $2,499,534 $113,615 $117,250 -$
3,839
52 68
K03 - Westnedge-Whites Rd 27 $3,154,327 $116,827 $84,900 -$
7,162
41 47
K04 - Oakwood-Parkview 23 $3,484,673 $151,508 $117,000 - $4,919 60 76
K05 - Winchell & Hillcrest 17 $3,782,225 $222,484 $195,000 -$
7,551
100 120
K06 - WMU/Kcollege/Arcadia 14 $2,951,191 $210,799 $191,500 -$
2,246
44 98
K07 - Westwood-NW Kalamazoo 70 $8,684,158 $124,059 $119,000 -$
1,855
40 52
K08 - N Side w/in City Limits 13 $525,910 $40,455 $28,000 -$
2,095
77 77
K09 - Dntown S To Crosstown 17 $1,554,775 $91,457 $81,000 -$
3,296
55 65
K10 - Edison/Washington Sq 33 $1,585,460 $48,044 $43,000 -$
1,645
45 56
K11 - North To G Ave Parchment N To G Ave 32 $3,449,448 $107,795 $97,750 -$
1,055
49 66
K12 - East to Twp Line Eastwood 39 $2,625,474 $67,320 $63,000 + $1,573 36 42
K13 - Comstock & Charleston 62 $9,029,979 $145,645 $142,450 - $2,573 47 62
K15 - Richland & Ross Twp 54 $12,420,0500 $230,001 $195,000 -$
6,511
50 67
K16 - Pavilion & Climax Tw 21 $3,356,150 $159,817 $159,900 $1,421 61 76
K19 - North Portage 158 $28,077,895 $177,708 $157,400 -$
3,022
39 46
K20 - South Portage 84 $19,364,742 $230,5332 $181,000 -$
5,160
52 54
K21 - Schoolcraft & Prairie Ronde Twp 60 $10,460,035 $174,334 $168,030 - $2,434 52 65
K22 - Oshtemo Twp 72 $15,209,708 $211,246 $185,575 -$
6,537
53 78
K23 - Alamo & Cooper Twp 35 $4,408,980 $125,971 $130,000 -$
1,660
52 60
K24 - Gull Lake 5 $3,195,345 $639,069 $630,001 -$
52,411
76 93
K25 - Texas Township 86 $28,485,676 $331,229 $315,500 -$
6,218
51 67
K27 - Wakeshma Twp 3 $300,170 $100,057 $93,500 $4,543 80 80
K29 - Brady Twp 14 $2,207,900 $157,707 $137,000 -$
2,614
27 41
K30 - Orangeville Twp 20 $3,080,946 $154,047 $164,450 -$
3,536
60 112
K31 - Hope Twp 20 $3,474,303 $173,715 $122,500 -$
9,637
61 64
K32 - Baltimore & Johnstown 12 $2,023,178 $168,598 $149,750 -$
2,085
100 115
K33 - Prairievile Twp 8 $2,146,900 $268,362 $252,500 -$
11,425
79 98
K34 - Barry Twp 8 $1,490,700 $186,338 $157,4500 -$6,769 38 57
K53 - Trowbridge Twp 13 $2,034,000 $156,462 $175,000 -$
10,277
85 85
K54 - Otsego Twp 45 $5,588,878 $124,197 $129,000 -$
3,277
46 51
K55 - Gun Plain Twp 33 $4,373,434 $132,528 $128,900 -$
4,236
35 40
K56 - Lake Doster 5 $1,261,900 $252,380 $210,000 -$
5,560
68 105
K59 - Allegan Twp 36 $3,990,249 $110,840 $110,534 -$
4,468
52 57
K60 - Watson Twp  3 $275,000 $91,667 $82,000 -$2,567 42 76
K61 - Martin Township 7 $1,049,500 $149,929 $145,000 -$
3,229
55 55
K80 - Bloomingdale & Pine Grove 16 $2,400,400 $150,025 $114,250 -$
1,770
58 83
K81 - Waverly & Almena Twp 36 $6,389,119 $177,476 $168,950 -$1,201 61 72
K85 - Paw Paw Twp Except V 9 $969,277 $107,697 $97,000 -$114 43 43
K86 - Antwerp Twp 50 $8,810,452 $176,209 $171,250 - $1,353 43 56
K87 - Porter Twp 8 $1,765,700 $220,712 $221,950 +$
3,400
59 59
K88 - Village of Paw Paw 11 $962,319 $87,484 $89,000 -$3,556 56 106
K89 - Decatur Twp 10 $737,700 $73,770 $71,500 -$
4,470
101 193

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

  

(Top)

*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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