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Market Conditions as of July 2020

Angela McMillan

Posted by Angela McMillan
Aug 21, 2020 2:58:48 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*

5/1/2020 - 7/31/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 2,485 $532,461,762 $214,270 $181,000 - $4,072 36 48
Non Co-op Sales 491 $109,610,927 $223,240 $187,000 - $6,007 30 39
Co-op Sales 1,994 $422,850,835 $212,062 $180,300 - $3,595 37 50
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 2,485 $532,461,762 $214,270 $181,000 - $4,072 36 48
K02 - Westnedge Hill 66 $9,425,399 $142,809 $144,950 + $1,687 10 11
K03 - Westnedge-Whites Rd 42 $7,983,506 $190,083 $167,250 - $835 27 36
K04 - Oakwood-Parkview 55 $7,861,999 $142,945 $120,000 - $1,427 30 40
K05 - Winchell & Hillcrest 43 $6,940,000 $161,395 $140,000 - $3,205 27 35
K06 - WMU/Kcollege/Arcadia 30 $6,246,370 $208,212 $190,000 - $4,958 19 32
K07 - Westwood-NW Kalamazo 32 $6,675,036 $208,595 $183,100 - $5,455 54 54
K08 - N Side w/in City Limits 126 $20,061,653 $159,219 $155,000 + $207 33 38
K09 - Dntown S To Crosstown 37 $3,146,459 $85,039 $60,390 - $4,016 25 27
K10 - Edison/Washington Sq 36 $4,702,561 $130,627 $116,125 - $1,679 24 44
K11 - North To G Ave Parchment 59 $4,373,776 $74,132 $78,000 - $2,782 30 50
K12 - East to Twp Line Eastwood 40 $4,412,375 $110,309 $115,000 + $257 24 24
K13 - Comstock & Charleston 88 $8,402,738 $95,486 $96,750 - $810 25 31
K15 - Richland & Ross Twp 160 $31,709,493 $198,184 $189,000 - $982 33 44
K16 - Pavillion & Climax Tw 104 $28,231,993 $271,461 $230,275 - $8,102 50 90
K19 - North Portage 55 $12,004,465 $218,263 $193,000 - $7,424 39 47
K20 - South Portage 240 $52,667,969 $219,450 $190,000 - $2,354 27 36
K21 - Schoolcraft & Prairie Ronde Twp 165 $38,603,200 $233,959 $211,000 - $4,582 34 40
K22 - Oshtemo Twp 92 $20,812,890 $226,227 $195,800 - $4,437 42 53
K23 - Alamo & Cooper Twp 108 $28,976,998 $268,306 $245,000 - $3,958 42 50
K24 - Gull Lake 77 $15,578,760 $202,322 $175,000 - $2,170 26 35
K25 - Texas Township 15 $14,788,667 $985,911 $730,000 - $81,876 66 73
K27 - Wakeshma Twp 150 $58,308,358 $388,722 $354,275 - $5,509 52 81
K29 - Brady Twp 4 $391,500 $97,875 $89,000 - $2,847 35 35
K30 - Orangeville Twp 24 $6,793,301 $283,054 $187,750 - $4,994 29 33
K31 - Hope Twp 16 $4,918,800 $307,425 $194,950 - $10,481 40 55
K32 - Baltimore&Johnstown 29 $6,097,301 $210,252 $168,000 - $27,589 43 46
K33 - Prairieville Twp 29 $6,540,400 $225,531 $170,000 - $7,083 56 86
K34 - Barry Twp 18 $5,276,400 $293,133 $299,500 - $8,267 42 52
K53 - Trowbridge Twp 21 $3,700,880 $176,232 $155,000 - $3,587 41 73
K54 - Otsego Twp 14 $3,010,800 $215,057 $183,000 - $5,864 35 35
K55 - Gun Plain Twp 76 $14,153,648 $186,232 $168,450 - $2,365 36 46
K56 - Lake Doster 47 $8,593,128 $182,833 $169,900 - $3,123 42 52
K59 - Allegan Twp 12 $4,338,950 $361,579 $322,500 - $7,281 43 57
K60 - Watson Twp 79 $14,399,379 $182,271 $170,000 - $3,764 39 41
K61 - Martin Township 9 $2,291,000 $254,556 $160,000 - $5,106 73 73
K80 - Bloomingdale & Pine Grove 10 $1,808,028 $180,803 $181,000 - $1,177 34 53
K81 - Waverly & Almena Twp 39 $8,793,840 $225,483 $212,000 - $240 38 69
K85 - Paw Paw Twp Except V 55 $14,054,379 $255,534 $235,900 - $2,300 36 58
K86 - Antwerp Twp 19 $4,646,175 $244,536 $172,000 - $6,064 29 29
K87 - Porter Twp 88 $18,362,839 $208,669 $218,500 - $3,027 39 59
K88 - Village of Paw Paw 20 $5,067,400 $253,370 $256,950 - $18,035 93 117
K89 - Decatur Twp 28 $4,110,550 $146,805 $146,200 - $3,359 26 40
  28 $3,198,400 $114,229 $113,750 - $3,893 44 46



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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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