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Market Conditions as of September 2017

Shayne Wheeler

Posted by Shayne Wheeler
Oct 13, 2017 1:41:58 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*

1/1/2017 - 9/30/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 4,147 $765,433,196 $184,575 $155,000 -$
4,087
37 47
Non Co-op Sales 857 $179,825,652 $209,832 $165,000 -$
5,910
35 45
Co-op Sales 3,290 $585,607,543 $177,996 $153,125 -$
3,613
37 47
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 143 $16,198,076 $113,273 $114,000 +$55 21 31
K02 - Westnedge Hill 82 $15,073,923 $183,828 $142,000 -$
7,760
36 43
K03 - Westnedge-Whites Rd 93 $12,427,766 $133,632 $99,500 -$
3,293
23 31
K04 - Oakwood-Parkview 83 $11,169,964 $134,578 $118,000 - $2,094 29 34
K05 - Winchell & Hillcrest 64 $14,287,099 $223,236 $202,450 -$
4,939
41 48
K06 - WMU/Kcollege/Arcadia 59 $10,947,752 $185,555 $165,000 -$
2,662
44 69
K07 - Westwood-NW Kalamazoo 227 $29,975,455 $132,050 $131,500 -$
1,300
25 31
K08 - N Side w/in City Limits 40 $2,189,560 $54,739 $35,750 -$
2,467
50 56
K09 - Dntown S To Crosstown 45 $3,939,403 $87,542 $81,000 -$
3,026
41 52
K10 - Edison/Washington Sq 85 $4,371,094 $51,425 $47,400 -$
2,172
45 55
K11 - North To G Ave Parchment N To G Ave 91 $9,804,633 $107,743 $105,000 +$
823
27 34
K12 - East to Twp Line Eastwood 112 $8,561,729 $77,250 $74,900 +$98 23 31
K13 - Comstock & Charleston 210 $36,217,901 $172,466 $164,950 - $3,464 40 48
K15 - Richland & Ross Twp 173 $44,415,177 $256,735 $215,000 -$
6,783
53 69
K16 - Pavilion & Climax Tw 89 $16,628,382 $186,836 $170,000 -$2,713 37 50
K19 - North Portage 427 $80,580,844 $188,714 $165,000 -$
2,761
27 33
K20 - South Portage 243 $55,918,969 $230,119 $197,000 -$
2,904
37 40
K21 - Schoolcraft & Prairie Ronde Twp 190 $35,177,406 $185,144 $175,460 - $2,816 38 47
K22 - Oshtemo Twp 218 $7,890,262 $219,680 $198,750 -$
4,426
40 55
K23 - Alamo & Cooper Twp 116 $18,634,116 $160,639 $145,550 -$
2,834
35 39
K24 - Gull Lake 22 $21,162,345 $961,925 $776,172 -$
84,771
71 102
K25 - Texas Township 279 $95,791,971 $343,340 $305,500 -$
7,769
40 53
K27 - Wakeshma Twp 11 $1,357,970 $123,452 $120,000 -$2,275 47 63
K29 - Brady Twp 44 $7,807,270 $177,438 $147,250 -$
5,683
27 37
K30 - Orangeville Twp 39 $7,823,641 $200,606 $167,500 -$
6,403
51 78
K31 - Hope Twp 45 $8,958,426 $199,076 $140,000 -$
10,294
46 49
K32 - Baltimore & Johnstown 34 $5,058,028 $148,766 $115,500 -$
4,423
74 79
K33 - Prairievile Twp 31 $8,286,400 $267,303 $237,000 -$
10,642
56 67
K34 - Barry Twp 41 $6,952,970 $169,585 $158,000 -$5,604 36 45
K53 - Trowbridge Twp 26 $4,391,450 $168,902 $175,000 -$
8,167
59 63
K54 - Otsego Twp 111 $14,622,279 $131,732 $139,900 -$
2,215
32 37
K55 - Gun Plain Twp 93 $13,450,884 $144,633 $139,900 -$
2,849
32 38
K56 - Lake Doster 17 $4,542,800 $267,224 $230,000 -$
3,171
42 52
K59 - Allegan Twp 106 $13,438,494 $126,778 $115,000 -$
5,529
42 54
K60 - Watson Twp  13 $2,199,001 $169,154 $167,000 -$5,408 60 68
K61 - Martin Township 17 $2,456,950 $144,526 $140,000 -$
5,874
65 65
K80 - Bloomingdale & Pine Grove 56 $7,471,450 $133,419 $114,250 -$
4,313
57 73
K81 - Waverly & Almena Twp 88 $16,860,283 $191,594 $176,000 -$2,071 39 44
K85 - Paw Paw Twp Except V 36 $5,855,847 $162,662 $136,250 -$4,351 42 64
K86 - Antwerp Twp 160 $28,847,915 $180,299 $183,250 - $2,612 33 44
K87 - Porter Twp 28 $7,145,291 $255,189 $229,950 -$
10,000
82 113
K88 - Village of Paw Paw 28 $2,868,319 $102,440 $108,500 -$3,465 43 63
K89 - Decatur Twp 32 $3,673,700 $114,803 $99,500 -$
7,672
63 120

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

 

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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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