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Market Conditions as of August 2020

Shayne Wheeler

Posted by Shayne Wheeler
Sep 23, 2020 10:41:39 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 - 8/31/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 3,077 $674,376,263 $219,167 $187,000 - $3,799 33 45
Non Co-op Sales 602 $137,385,771 $228,216 $187,750 - $5,362 27 36
Co-op Sales 2,475 $536,990,492 $216,966 $186,500 - $3,419 35 47
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 80 $11,417,689 $142,721 $150,000 + $2,053 10 11
K02 - Westnedge Hill 47 $8,655,006 $184,149 $166,500 - $1,345 26 34
K03 - Westnedge-Whites Rd 66 $10,285,663 $155,843 $121,300 - $1,718 26 38
K04 - Oakwood-Parkview 52 $8,061,900 $155,037 $134,500 - $2,646 26 33
K05 - Winchell & Hillcrest 43 $9,405,770 $218,739 $196,000 - $3,433 14 23
K06 - WMU/Kcollege/Arcadia 43 $8,651,211 $201,191 $180,000 - $3,986 45 45
K07 - Westwood-NW Kalamazo 154 $25,093,827 $162,947 $160,000 + $568 29 33
K08 - N Side w/in City Limits 39 $3,305,459 $84,755 $60,390 - $3,961 29 31
K09 - Dntown S To Crosstown 47 $6,026,961 $128,233 $114,250 - $1,982 21 36
K10 - Edison/Washington Sq 68 $5,247,326 $77,167 $79,450 - $2,095 27 46
K11 - North To G Ave Parchment 51 $5,745,300 $112,653 $119,900 + $102 21 21
K12 - East to Twp Line Eastwood 108 $10,291,775 $95,294 $95,550 - $623 23 27
K13 - Comstock & Charleston 186 $37,170,637 $199,842 $189,450 - $880 31 40
K15 - Richland & Ross Twp 132 $36,716,395 $278,155 $247,450 - $7,257 46 79
K16 - Pavillion & Climax Tw 63 $14,453,865 $229,426 $203,000 - $6,654 34 41
K19 - North Portage 306 $68,599,029 $224,180 $195,000 - $2,656 26 35
K20 - South Portage 208 $51,593,587 $248,046 $223,242 - $5,022 34 44
K21 - Schoolcraft & Prairie Ronde Twp 112 $25,607,990 $228,643 $196,632 - $4,171 41 54
K22 - Oshtemo Twp 146 $40,590,841 $278,019 $251,250 - $3,108 38 46
K23 - Alamo & Cooper Twp 97 $20,249,460 $208,757 $184,000 - $1,603 22 29
K24 - Gull Lake 19 $17,948,567 $944,661 $775,000 - $70,944 63 70
K25 - Texas Township 184 $72,079,798 $391,738 $360,000 - $6,046 49 79
K27 - Wakeshma Twp 5 $537,206 $107,441 $110,000 - $2,116 28 28
K29 - Brady Twp 29 $9,022,301 $311,114 $235,000 - $5,164 25 30
K30 - Orangeville Twp 19 $5,395,300 $283,963 $181,000 - $8,168 34 47
K31 - Hope Twp 38 $8,072,801 $212,442 $182,500 - $22,174 37 39
K32 - Baltimore&Johnstown 35 $8,117,951 $231,941 $220,000 - $5,688 51 75
K33 - Prairieville Twp 27 $8,173,500 $302,722 $300,000 - $11,311 57 72
K34 - Barry Twp 27 $4,950,320 $183,345 $164,000 - $2,996 39 64
K53 - Trowbridge Twp 19 $4,358,300 $229,384 $196,000 - $6,389 33 81
K54 - Otsego Twp 84 $15,664,048 $186,477 $168,450 - $2,006 33 42
K55 - Gun Plain Twp 58 $10,598,318 $182,730 $171,450 - $2,171 38 46
K56 - Lake Doster 17 $5,977,450 $351,615 $315,000 - $5,128 51 61
K59 - Allegan Twp 100 $17,931,179 $179,312 $170,000 - $2,640 38 41
K60 - Watson Twp 12 $3,023,000 $251,917 $187,000 - $6,154 66 66
K61 - Martin Township 14 $2,490,478 $177,891 $172,225 - $294 25 39
K80 - Bloomingdale & Pine Grove 50 $10,945,140 $218,903 $180,000 - $881 36 59
K81 - Waverly & Almena Twp 65 $16,613,379 $255,590 $237,000 - $1,953 33 51
K85 - Paw Paw Twp Except V 29 $6,906,711 $238,162 $183,000 - $5,413 32 38
K86 - Antwerp Twp 104 $21,980,539 $211,351 $219,000 - $2,842 36 54
K87 - Porter Twp 26 $7,107,300 $273,358 $279,500 - $20,484 91 110
K88 - Village of Paw Paw 34 $5,110,299 $150,303 $147,450 - $2,120 23 35
K89 - Decatur Twp 34 $4,202,688 $123,608 $123,500 - $3,053 45 47



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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. 

Shayne Wheeler

Shayne Wheeler

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