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Market Conditions as of June 2017

Shayne Wheeler

Posted by Shayne Wheeler
Jul 17, 2017 3:05:47 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*

1/1/2017 - 6/30/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 2,528 $453,207,046 $179,275 $152,500 -$
3,799
41 53
Non Co-op Sales 521 $103,897,624 $199,420 $162,000 -$
5,016
37 49
Co-op Sales 2,007 $349,309,422 $174,046 $151,000 -$
3,482
42 54
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 85 $9,375,614 $110,301 $110,500 -$
39
27 42
K02 - Westnedge Hill 47 $8,663,423 $184,328 $145,000 -$
6,380
49 56
K03 - Westnedge-Whites Rd 41 $5,265,717 $128,432 $90,000 -$
5,121
36 42
K04 - Oakwood-Parkview 48 $6,523,884 $135,914 $113,000 - $2,852 37 45
K05 - Winchell & Hillcrest 34 $7,490,032 $220,295 $192,500 -$
5,364
58 68
K06 - WMU/Kcollege/Arcadia 29 $5,331,385 $183,841 $135,500 -$
1,371
31 72
K07 - Westwood-NW Kalamazoo 137 $17,984,857 $131,276 $130,000 -$
1,185
30 37
K08 - N Side w/in City Limits 25 $1,187,060 $47,482 $28,000 -$
2,240
65 65
K09 - Dntown S To Crosstown 24 $2,095,790 $87,325 $81,000 -$
2,638
46 53
K10 - Edison/Washington Sq 56 $2,881,560 $51,456 $44,950 -$
2,141
32 41
K11 - North To G Ave Parchment N To G Ave 55 $6,189,083 $112,529 $110,000 +$
1,498
37 48
K12 - East to Twp Line Eastwood 75 $5,464,788 $72,864 $74,900 -$199 32 40
K13 - Comstock & Charleston 131 $21,598,399 $164,873 $165,000 - $3,786 35 48
K15 - Richland & Ross Twp 103 $26,370,515 $256,024 $205,000 -$
6,493
55 72
K16 - Pavilion & Climax Tw 53 $9,667,894 $182,413 $169,900 -$3,666 47 65
K19 - North Portage 270 $50,961,016 $188,745 $164,000 -$
3,009
32 41
K20 - South Portage 149 $33,130,220 $222,350 $190,000 -$
3,012
39 44
K21 - Schoolcraft & Prairie Ronde Twp 112 $20,503,4935 $183,067 $170,950 - $2,526 45 54
K22 - Oshtemo Twp 138 $30,702,138 $222,479 $196,500 -$
4,604
45 64
K23 - Alamo & Cooper Twp 72 $11,984,750 $166,455 $140,000 -$
2,880
42 49
K24 - Gull Lake 10 $9,500,345 $950,034 $754,000 -$
68,606
54 63
K25 - Texas Township 161 $55,220,035 $342,982 $307,000 -$
8,038
44 59
K27 - Wakeshma Twp 3 $300,170 $100,057 $93,500 $4,543 80 80
K29 - Brady Twp 27 $4,495,600 $166,504 $137,500 -$
4,951
26 37
K30 - Orangeville Twp 29 $5,124,241 $176,698 $175,000 -$
3,604
57 93
K31 - Hope Twp 28 $4,762,626 $170,094 $121,000 -$
11,822
51 54
K32 - Baltimore & Johnstown 20 $3,603,978 $180,199 $149,750 -$
5,931
95 104
K33 - Prairievile Twp 20 $4,375,600 $218,780 $192,950 -$
9,710
49 57
K34 - Barry Twp 19 $3,610,200 $190,011 $169,000 -$5,977 47 55
K53 - Trowbridge Twp 19 $2,929,550 $154,187 $135,000 -$
8,250
68 74
K54 - Otsego Twp 78 $9,803,779 $125,689 $132,650 -$
2,234
35 42
K55 - Gun Plain Twp 59 $8,062,084 $136,645 $132,000 -$
3,118
30 36
K56 - Lake Doster 10 $2,398,300 $239,830 $222,450 -$
4,810
52 70
K59 - Allegan Twp 69 $8,493,249 $123,091 $115,000 -$
5,792
45 64
K60 - Watson Twp  8 $1,440,500 $180,062 $171,250 -$5,225 56 69
K61 - Martin Township 9 $1,370,500 $152,278 $145,000 -$
5,156
50 50
K80 - Bloomingdale & Pine Grove 33 $4,314,000 $130,727 $110,000 -$
2,722
72 93
K81 - Waverly & Almena Twp 59 $11,209,533 $189,992 $170,900 -$619 44 51
K85 - Paw Paw Twp Except V 18 $2,308,177 $128,232 $125,500 +$2,176 41 75
K86 - Antwerp Twp 98 $17,501,392 $178,586 $175,000 - $2,304 37 54
K87 - Porter Twp 14 $3,211,200 $229,371 $229,950 -$
3,829
61 81
K88 - Village of Paw Paw 21 $2,065,319 $98,349 $105,000 -$4,224 41 67
K89 - Decatur Twp 21 $2,075,000 $98,810 $80,000 -$
6,357
70 148

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

  

 

(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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