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Market Conditions as of July 2017

Shayne Wheeler

Posted by Shayne Wheeler
Aug 16, 2017 11:55:43 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*

1/1/2017 - 7/31/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 3,068 $562,985,352 $183,502 $154,900 -$
3,915
39 50
Non Co-op Sales 639 $133,764,234 $209,334 $165,000 -$
5,153
34 46
Co-op Sales 2,429 $429,221,118 $176,707 $152,000 -$
3,590
40 51
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 98 $10,903,714 $111,262 $111,950 -$
154
25 38
K02 - Westnedge Hill 60 $11,059,723 $184,329 $145,500 -$
7,189
42 51
K03 - Westnedge-Whites Rd 67 $9,345,167 $139,480 $94,900 -$
4,112
27 36
K04 - Oakwood-Parkview 58 $7,777,429 $134,094 $113,000 - $2,463 33 40
K05 - Winchell & Hillcrest 43 $9,675,572 $225,013 $199,900 -$
3,861
51 59
K06 - WMU/Kcollege/Arcadia 38 $6,745,338 $177,509 $133,750 -$
2,565
45 79
K07 - Westwood-NW Kalamazoo 170 $22,600,556 $132,944 $131,850 -$
1,066
27 33
K08 - N Side w/in City Limits 28 $1,401,960 $50,070 $31,000 -$
1,803
59 59
K09 - Dntown S To Crosstown 32 $2,856,190 $89,256 $81,000 -$
3,015
43 59
K10 - Edison/Washington Sq 65 $3,321,060 $51,093 $45,000 -$
1,998
40 48
K11 - North To G Ave Parchment N To G Ave 68 $7,527,658 $110,701 $109,950 +$
1,209
32 41
K12 - East to Twp Line Eastwood 92 $6,720,130 $73,045 $74,270 +$52 28 37
K13 - Comstock & Charleston 156 $26,051,241 $166,995 $164,062 - $3,479 36 46
K15 - Richland & Ross Twp 127 $2,885,462 $258,941 $216,400 -$
7,345
50 69
K16 - Pavilion & Climax Tw 68 $12,451,694 $183,113 $169,950 -$2,768 39 52
K19 - North Portage 319 $61,512,436 $192,829 $168,300 -$
3,190
30 37
K20 - South Portage 182 $40,888,662 $224,663 $190,000 -$
2,451
37 42
K21 - Schoolcraft & Prairie Ronde Twp 141 $26,137,751 $185,374 $171,900 - $2,587 42 51
K22 - Oshtemo Twp 173 $38,194,938 $220,780 $198,500 -$
4,286
40 57
K23 - Alamo & Cooper Twp 57 $13,446,850 $163,986 $140,000 -$
2,659
39 45
K24 - Gull Lake 14 $14,502,345 $1,035,882 $776,172 -$
76,640
57 64
K25 - Texas Township 202 $70,391,527 $348,473 $348,473 -$
7,491
40 55
K27 - Wakeshma Twp 63 $637,170 $106,195 $104,250 $2,722 52 82
K29 - Brady Twp 35 $6,511,970 $186,056 $151,000 -$
7,001
26 34
K30 - Orangeville Twp 29 $5,124,241 $176,698 $175,000 -$
3,604
57 93
K31 - Hope Twp 34 $6,792,126 $199,768 $128,500 -$
11,036
48 50
K32 - Baltimore & Johnstown 24 $4,022,978 $167,624 $137,360 -$
5,951
89 96
K33 - Prairievile Twp 25 $6,302,600 $252,104 $220,000 -$
11,364
55 69
K34 - Barry Twp 27 $4,832,070 $178,966 $165,000 -$5,050 41 46
K53 - Trowbridge Twp 20 $3,129,550 $156,478 $155,000 -$
8,338
65 71
K54 - Otsego Twp 88 $11,268,879 $128,055 $132,650 -$
2,242
35 42
K55 - Gun Plain Twp 66 $9,079,784 $137,572 $135,200 -$
3,063
34 40
K56 - Lake Doster 12 $3,032,800 $252,733 $222,450 -$
3,833
46 61
K59 - Allegan Twp 84 $10,072,349 $119,909 $112,000 -$
5,640
44 60
K60 - Watson Twp  11 $1,971,501 $179,227 $167,500 -$5,091 43 52
K61 - Martin Township 13 $1,856,300 $142,792 $125,000 -$
5,246
75 75
K80 - Bloomingdale & Pine Grove 40 $5,327,400 $133,185 $111,000 -$
4,453
65 82
K81 - Waverly & Almena Twp 64 $12,465,433 $194,772 $177,950 -$640 41 48
K85 - Paw Paw Twp Except V 23 $3,159,847 $137,385 $126,500 +$1,737 41 75
K86 - Antwerp Twp 116 $21,044,632 $181,419 $181,500 - $2,793 32 47
K87 - Porter Twp 23 $5,492,100 $238,787 $224,900 -$
10,239
92 112
K88 - Village of Paw Paw 23 $2,259,319 $98,231 $105,000 -$3,857 38 62
K89 - Decatur Twp 22 $2,204,900 $100,223 $82,500 -$
6,068
67 141

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

  

 

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*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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