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Market Conditions as of April 2020

Angela McMillan

Posted by Angela McMillan
May 27, 2020 9:16:43 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*

4/1/2020 - 4/30/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 1,238 $244,195,840  $197,250  $171,000  - $4,957 41 53
Non Co-op Sales 245 $51,654,131  $210,833  $170,000  - $8,417 37 46
Co-op Sales 993 $192,541,709  $193,899  $171,000  - $4,103 42 55
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 34 $4,564,499  $134,250  $140,000  + $1,101 15 17
K02 - Westnedge Hill 19 $3,570,400  $187,916  $165,000  - $1,594 23 39
K03 - Westnedge-Whites Rd 29 $3,680,299  $126,907  $110,000  - $1,806 38 40
K04 - Oakwood-Parkview 17 $2,690,700  $158,276  $136,000  - $1,329 31 43
K05 - Winchell & Hillcrest 12 $2,551,200  $212,600  $207,450  - $6,133 29 29
K06 - WMU/Kcollege/Arcadia 21 $4,618,623  $219,934  $192,000  - $5,451 42 42
K07 - Westwood-NW Kalamazo 65 $9,846,350  $151,482  $148,000  - $2,285 46 52
K08 - N Side w/in City Limits 21 $1,551,307  $73,872  $42,900  - $5,343 27 31
K09 - Dntown S To Crosstown 20 $2,604,311  $130,216  $102,556  - $3,570 21 57
K10 - Edison/Washington Sq 35 $2,274,026  $64,972  $74,000  - $4,754 35 54
K11 - North To G Ave Parchment 24 $2,498,675  $104,111  $115,000  - $1,434 28 28
K12 - East to Twp Line Eastwood 47 $4,067,568  $86,544  $85,000  - $2,217 29 34
K13 - Comstock & Charleston 88 $16,119,113  $183,172  $184,000  - $711 37 53
K15 - Richland & Ross Twp 46 $9,898,387  $215,182  $203,330  - $6,201 63 75
K16 - Pavillion & Climax Tw 34 $6,981,600  $205,341  $190,000  - $10,453 47 59
K19 - North Portage 114 $24,450,355  $214,477  $190,000  - $3,921 31 46
K20 - South Portage 90 $19,784,802  $219,831  $179,000  - $5,772 39 46
K21 - Schoolcraft & Prairie Ronde Twp 50 $10,168,370  $203,367  $184,950  - $4,186 54 64
K22 - Oshtemo Twp 51 $13,361,739  $261,995  $256,000  - $5,463 36 45
K23 - Alamo & Cooper Twp 39 $7,500,274  $192,315  $172,000  - $5,297 42 48
K24 - Gull Lake 7 $6,824,000  $974,857  $850,000  - $57,129 83 97
K25 - Texas Township 79 $27,986,247  $354,256  $329,500  - $7,817 59 89
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 6 $1,413,400  $235,567  $164,200  - $16,550 24 24
K31 - Hope Twp 10 $1,636,401  $163,640  $166,000  - $52,359 38 38
K32 - Baltimore & Johnstown 14 $3,223,500  $230,250  $190,000  - $12,001 68 74
K33 - Prairieville Twp 5 $1,839,700  $367,940  $325,000  - $13,640 92 128
K34 - Barry Twp 8 $1,451,400  $181,425  $131,450  - $1,588 38 49
K53 - Trowbridge Twp 9 $1,930,300  $214,478  $170,000  - $4,978 40 40
K54 - Otsego Twp 42 $6,901,648  $164,325  $158,000  - $2,395 39 51
K55 - Gun Plain Twp 17 $2,478,770  $145,810  $140,000  - $2,520 37 43
K56 - Lake Doster 8 $2,629,950  $328,744  $303,225  - $10,822 59 81
K59 - Allegan Twp 34 $5,739,130  $168,798  $163,750  - $4,852 51 55
K60 - Watson Twp 5 $1,602,000  $320,400  $214,000  - $5,430 128 128
K61 - Martin Township 5 $785,500  $157,100  $193,000  - $3,419 15 54
K80 - Bloomingdale & Pine Grove 15 $2,913,345  $194,223  $184,900  - $5,964 47 95
K81 - Waverly & Almena Twp 23 $5,505,541  $239,371  $238,400  - $3,569 37 48
K85 - Paw Paw Twp Except V 10 $1,503,275  $150,328  $133,600  + $218 33 33
K86 - Antwerp Twp 40 $8,578,234  $214,456  $218,450  - $1,232 45 76
K87 - Porter Twp 8 $1,946,500  $243,312  $217,500  - $14,975 77 96
K88 - Village of Paw Paw 13 $1,768,200  $136,015  $132,000  - $4,914 36 55
K89 - Decatur Twp 15 $1,376,500  $91,767  $83,000  - $3,320 44 44



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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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