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Market Conditions as of April 2021

Shayne Wheeler

Posted by Shayne Wheeler
May 17, 2021 11:29:06 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*

1/1/2021 - 4/30/2021

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 1,278 $309,725,224  $242,352  $205,000  - $2,248 25 33
Non Co-op Sales 251 $65,183,317  $259,694  $210,000  - $4,281 22 31
Co-op Sales 1,027 $244,541,908  $238,113  $204,000  - $1,751 25 33
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 33 $5,300,338  $160,616  $175,000  + $4,215 4 4
K02 - Westnedge Hill 26 $5,253,500  $202,058  $211,350  + $250 18 23
K03 - Westnedge-Whites Rd 27 $4,798,880  $177,736  $145,000  + $3,025 4 4
K04 - Oakwood-Parkview 24 $4,306,800  $179,450  $158,950  + $467 16 21
K05 - Winchell & Hillcrest 14 $3,730,300  $266,450  $284,450  - $8,750 13 13
K06 - WMU/Kcollege/Arcadia 23 $5,207,535  $226,415  $219,000  - $5,687 43 54
K07 - Westwood-NW Kalamazo 43 $7,723,613  $179,619  $182,000  + $3,858 8 10
K08 - N Side w/in City Limits 15 $1,876,300  $125,087  $106,000  - $1,180 12 12
K09 - Dntown S To Crosstown 18 $3,201,650  $177,869  $134,500  - $10,308 35 42
K10 - Edison/Washington Sq 33 $2,607,659  $79,020  $82,000  - $26,720 57 73
K11 - North To G Ave Parchment 35 $4,918,658  $140,533  $135,411  + $548 12 21
K12 - East to Twp Line Eastwood 49 $5,233,043  $106,797  $110,000  + $2,889 19 20
K13 - Comstock & Charleston 52 $11,280,700  $216,937  $186,700  - $621 30 52
K15 - Richland & Ross Twp 59 $18,283,402  $309,888  $285,000  - $2,431 32 36
K16 - Pavillion & Climax Tw 22 $5,500,900  $250,041  $244,500  + $2,723 13 13
K19 - North Portage 122 $29,074,831  $238,318  $205,924  + $392 14 17
K20 - South Portage 92 $28,697,402  $311,928  $291,950  - $2,067 32 39
K21 - Schoolcraft & Prairie Ronde Twp 44 $12,036,220  $273,550  $222,838  - $1,306 20 22
K22 - Oshtemo Twp 68 $19,888,420  $292,477  $279,950  - $1,836 36 45
K23 - Alamo & Cooper Twp 44 $9,595,482  $218,079  $187,792  - $364 22 23
K24 - Gull Lake 8 $6,746,500  $843,312  $713,250  - $43,300 58 336
K25 - Texas Township 79 $33,754,996  $427,278  $390,000  - $4,487 38 56
K27 - Wakeshma Twp 2 $659,500  $329,750  $329,750  - $5,200 62 62
K29 - Brady Twp 7 $3,684,208  $526,315  $455,000  - $26,128 45 56
K30 - Orangeville Twp 12 $3,480,800  $290,067  $275,000  + $2,508 14 14
K31 - Hope Twp 16 $3,823,940  $238,996  $217,000  - $6,479 61 61
K32 - Baltimore&Johnstown 13 $2,843,305  $218,716  $188,000  - $5,465 26 59
K33 - Prairieville Twp 12 $3,386,050  $282,171  $216,175  - $5,846 22 22
K34 - Barry Twp 15 $4,038,800  $269,253  $250,000  - $5,593 36 57
K53 - Trowbridge Twp 10 $1,849,000  $184,900  $196,000  + $2,790 20 20
K54 - Otsego Twp 42 $7,819,569  $186,180  $183,500  + $1,692 12 13
K55 - Gun Plain Twp 25 $5,722,425  $228,897  $231,500  - $1,456 16 29
K56 - Lake Doster 6 $2,269,000  $378,167  $355,000  + $383 19 19
K59 - Allegan Twp 42 $7,070,525  $168,346  $155,000  + $3,060 20 21
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 23 $3,979,650  $173,028  $146,000  - $3,189 43 43
K81 - Waverly & Almena Twp 27 $6,750,050  $250,002  $219,900  - $5,051 19 21
K85 - Paw Paw Twp Except V 11 $3,300,174  $300,016  $174,500  - $44,027 37 67
K86 - Antwerp Twp 54 $13,431,450  $248,731  $242,500  + $2,300 25 25
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 11 $1,712,900  $155,718  $137,000  - $5,255 20 20

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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. 

Shayne Wheeler

Shayne Wheeler

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