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Market Conditions as of June 2021

Shayne Wheeler

Posted by Shayne Wheeler
Jul 23, 2021 8:42:12 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 - 6/30/2021

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 2,198 $549,073,691  $249,806  $217,000  + $593 20 27
Non Co-op Sales 448 $119,732,831  $267,261  $225,250  - $1,815 20 27
Co-op Sales 1,750 $429,340,860  $245,338  $215,000  + $1,209 20 27
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 64 $10,837,526  $169,336  $175,000  + $7,712 4 4
K02 - Westnedge Hill 41 $8,713,851  $212,533  $230,000  + $4,835 16 19
K03 - Westnedge-Whites Rd 49 $9,755,128  $199,084  $150,000  + $5,365 6 6
K04 - Oakwood-Parkview 37 $6,734,100  $182,003  $160,000  + $973 13 16
K05 - Winchell & Hillcrest 24 $6,394,050  $266,419  $276,450  - $3,988 12 12
K06 - WMU/Kcollege/Arcadia 41 $9,564,596  $233,283  $219,000  - $1,456 52 58
K07 - Westwood-NW Kalamazo 97 $18,774,268  $193,549  $185,000  + $7,652 9 13
K08 - N Side w/in City Limits 30 $3,361,600  $112,053  $106,950  - $1,020 20 32
K09 - Dntown S To Crosstown 34 $5,784,200  $170,124  $143,250  - $8,361 29 33
K10 - Edison/Washington Sq 51 $4,230,842  $82,958  $82,400  - $16,097 42 57
K11 - North To G Ave Parchment 61 $9,001,952  $147,573  $145,000  + $3,268 12 17
K12 - East to Twp Line Eastwood 73 $8,417,443  $115,307  $120,000  + $3,349 16 17
K13 - Comstock & Charleston 94 $21,603,169  $229,821  $190,000  + $2,999 24 37
K15 - Richland & Ross Twp 105 $34,279,902  $326,475  $289,900  - $1,862 28 37
K16 - Pavillion & Climax Tw 43 $12,276,800  $285,507  $260,500  + $649 10 10
K19 - North Portage 218 $55,415,238  $254,198  $231,500  + $3,020 14 18
K20 - South Portage 148 $46,192,180  $312,109  $294,500  - $992 29 40
K21 - Schoolcraft & Prairie Ronde Twp 79 $21,499,970  $272,152  $239,000  + $91 16 19
K22 - Oshtemo Twp 109 $33,862,870  $310,669  $280,500  + $1,206 25 31
K23 - Alamo & Cooper Twp 76 $17,299,652  $227,627  $209,500  + $3,250 14 15
K24 - Gull Lake 13 $10,161,500  $781,654  $801,500  - $30,485 36 261
K25 - Texas Township 136 $58,928,786  $433,300  $390,000  - $3,067 31 45
K27 - Wakeshma Twp 3 $849,500  $283,167  $190,000  + $1,533 42 42
K29 - Brady Twp 13 $6,038,008  $464,462  $440,000  - $7,984 29 35
K30 - Orangeville Twp 16 $4,714,800  $294,675  $265,000  + $3,388 12 12
K31 - Hope Twp 26 $6,277,740  $241,452  $217,000  - $8,002 41 41
K32 - Baltimore&Johnstown 22 $4,792,805  $217,855  $205,500  - $3,775 18 38
K33 - Prairieville Twp 24 $7,166,850  $298,619  $247,450  - $706 20 20
K34 - Barry Twp 24 $6,505,500  $271,062  $247,500  - $150 23 37
K53 - Trowbridge Twp 13 $2,708,900  $208,377  $240,000  + $5,615 16 16
K54 - Otsego Twp 60 $11,714,964  $195,249  $185,750  + $3,538 10 11
K55 - Gun Plain Twp 52 $11,302,475  $217,355  $215,000  + $2,232 10 16
K56 - Lake Doster 7 $2,794,000  $399,143  $395,000  - $11,671 30 30
K59 - Allegan Twp 61 $11,098,825  $181,948  $168,500  + $4,066 16 16
K60 - Watson Twp 7 $2,083,425  $297,632  $224,175  + $4,507 40 40
K61 - Martin Township 10 $2,125,346  $212,535  $175,000  + $18,675 6 6
K80 - Bloomingdale & Pine Grove 34 $6,366,250  $187,243  $167,500  + $2,478 31 31
K81 - Waverly & Almena Twp 47 $12,812,197  $272,600  $235,000  + $3,793 12 13
K85 - Paw Paw Twp Except V 19 $5,142,074  $270,635  $174,500  - $29,451 45 63
K86 - Antwerp Twp 93 $23,425,010  $251,882  $250,000  + $1,967 21 21
K87 - Porter Twp 9 $2,716,500  $301,833  $275,000  + $2,522 9 9
K88 - Village of Paw Paw 12 $1,848,500  $154,042  $161,000  - $4,967 27 27
K89 - Decatur Twp 23 $3,500,400  $152,191  $152,000  - $2,570 24 37

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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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