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Market Conditions as of June 2020

Angela McMillan

Posted by Angela McMillan
Jul 31, 2020 10:49:47 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*

5/1/2020 - 5/31/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 1,921 $400,646,709 $208,562 $179,000 - $4,907 38 51
Non Co-op Sales 389 $85,575,824 $219,989 $193,000 - $6,948 33 43
Co-op Sales 1,532 $315,070,884 $205,660 $177,000 - $4,389 39 53
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 49 $6,792,299 $138,618 $140,000 + $1,344 11 13
K02 - Westnedge Hill 33 $6,136,806 $185,964 $168,000 + $70 16 26
K03 - Westnedge-Whites Rd 40 $5,121,199 $128,030 $114,000 - $1,379 35 45
K04 - Oakwood-Parkview 31 $4,988,600 $160,923 $136,000 - $1,445 23 30
K05 - Winchell & Hillcrest 19 $4,022,720 $211,722 $184,900 - $7,152 19 19
K06 - WMU/Kcollege/Arcadia 27 $5,830,752 $215,954 $182,100 - $6,080 59 59
K07 - Westwood-NW Kalamazo 98 $15,209,585 $155,200 $150,000 - $125 39 46
K08 - N Side w/in City Limits 28 $2,219,047 $79,252 $47,250 - $5,017 28 30
K09 - Dntown S To Crosstown 27 $3,381,811 $125,252 $112,000 - $2,100 17 44
K10 - Edison/Washington Sq 49 $3,415,476 $69,704 $74,000 - $3,356 29 47
K11 - North To G Ave Parchment 32 $3,494,975 $109,218 $115,000 - $251 25 25
K12 - East to Twp Line Eastwood 75 $6,980,618 $93,075 $91,500 - $1,303 27 34
K13 - Comstock & Charleston 125 $23,789,089 $190,313 $188,000 - $851 34 48
K15 - Richland & Ross Twp 83 $21,872,492 $263,524 $220,500 - $9,172 49 95
K16 - Pavillion & Climax Tw 45 $9,919,170 $220,426 $191,000 - $8,703 45 55
K19 - North Portage 186 $40,206,136 $216,162 $187,500 - $4,542 31 43
K20 - South Portage 127 $29,126,049 $229,339 $190,000 - $4,837 36 44
K21 - Schoolcraft & Prairie Ronde Twp 78 $17,182,290 $220,286 $189,500 - $4,375 43 54
K22 - Oshtemo Twp 81 $21,684,298 $267,707 $249,900 - $4,825 45 54
K23 - Alamo & Cooper Twp 56 $11,199,763 $199,996 $173,450 - $4,094 33 41
K24 - Gull Lake 10 $11,191,892 $1,119,189 $1,024,500 - $96,701 76 86
K25 - Texas Township 121 $43,949,627 $363,220 $340,335 - $7,803 52 80
K27 - Wakeshma Twp 3 $213,000 $71,000 $68,000 - $6,633 46 46
K29 - Brady Twp 18 $4,252,801 $236,267 $160,000 - $4,242 29 34
K30 - Orangeville Twp 14 $4,609,800 $329,271 $204,500 - $11,550 45 63
K31 - Hope Twp 23 $4,871,301 $211,796 $175,000 - $31,991 42 42
K32 - Baltimore&Johnstown 20 $4,688,500 $234,425 $190,000 - $10,891 63 75
K33 - Prairieville Twp 11 $3,200,700 $290,973 $322,700 - $9,164 61 77
K34 - Barry Twp 13 $2,276,300 $175,100 $155,000 - $6,108 50 57
K53 - Trowbridge Twp 13 $2,600,800 $200,062 $170,000 - $5,162 37 37
K54 - Otsego Twp 57 $9,792,708 $171,802 $165,000 - $2,518 35 46
K55 - Gun Plain Twp 33 $5,592,728 $169,477 $159,500 - $3,787 43 46
K56 - Lake Doster 11 $4,088,950 $371,723 $330,000 - $7,952 43 59
K59 - Allegan Twp 55 $9,897,729 $179,959 $162,500 - $5,452 46 49
K60 - Watson Twp 8 $2,131,000 $266,375 $187,000 - $6,381 82 82
K61 - Martin Township 9 $1,623,028 $180,336 $177,000 - $1,874 36 58
K80 - Bloomingdale & Pine Grove 26 $5,284,245 $203,240 $211,000 - $8,437 46 91
K81 - Waverly & Almena Twp 44 $11,205,211 $254,664 $235,500 - $849 36 63
K85 - Paw Paw Twp Except V 14 $2,608,675 $186,334 $150,950 + $1,584 25 25
K86 - Antwerp Twp 70 $14,846,939 $212,099 $217,950 - $2,810 41 66
K87 - Porter Twp 16 $3,671,000 $229,438 $217,500 - $14,275 100 131
K88 - Village of Paw Paw 20 $2,853,600 $142,680 $144,000 - $4,680 34 46
K89 - Decatur Twp 23 $2,623,000 $114,043 $112,500 - $3,813 39 42



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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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