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Market Conditions as of January 2020

Angela McMillan

Posted by Angela McMillan
Feb 24, 2020 5:00:25 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*

1/1/2020 - 1/31/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 289 $56,517,730 $195,563 $168,000 - $4,937 39 50
Non Co-op Sales 58 $12,033,875 $207,481 $187,800 - $7,148 30 44
Co-op Sales 231 $44,483,856 $192,571 $167,000 - $4,382 41 52
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood $779,899 $129,983 $134,950 + $1,424 15 15 17
K02 - Westnedge Hill $398,000 $132,667 $135,000 + $4,400 7 61 23
K03 - Westnedge-Whites Rd $898,100 $112,262 $114,500 - $25 28 29 26
K04 - Oakwood-Parkview $669,000 $167,250 $147,500 + $300 8 8 25
K05 - Winchell & Hillcrest $761,900 $190,475 $147,500 - $6,575 33 33 36
K06 - WMU/Kcollege/Arcadia $1,553,068 $388,267 $428,034 - $10,279 99 99 40
K07 - Westwood-NW Kalamazoo $2,043,900 $145,993 $139,000 - $3,661 29 29 20
K08 - N Side w/in City Limits $416,407 $52,051 $47,250 - $4,999 30 38 28
K09 - Downtown S To Crosstown $215,000 $71,667 $70,000 - $11,600 43 51 38
K10 - Edison/Washington Sq $517,300 $64,662 $74,450 - $1,962 51 51 29
K11 - North To G Ave Parchment N To G Ave $597,900 $119,580 $119,900 - $2,740 39 39 26
K12 - East to Twp Line Eastwood $1,153,200 $115,320 $113,750 + $480 46 55 27
K13 - Comstock & Charleston $3,773,515 $171,523 $176,500 - $1,716 41 74 42
K15 - Richland & Ross Twp $2,010,142 $182,740 $187,000 - $7,223 34 51 52
K16 - Pavilion & Climax Twp $501,500 $125,375 $124,750 - $4,075 37 70 34
K19 - North Portage $6,041,022 $241,641 $196,665 - $5,445 24 38 31
K20 - South Portage $5,913,952 $236,558 $250,000 - $5,884 38 47 32
K21 - Schoolcraft & Prairie Ronde Twp $1,352,220 $193,174 $183,900 - $414 63 88 39
K22 - Oshtemo Twp $4,742,734 $278,984 $268,130 - $3,331 18 32 53
K23 - Alamo & Cooper Twp $1,850,299 $168,209 $138,000 - $5,781 31 31 29
K24 - Gull Lake $1,005,000 $502,500 $502,500 - $60,000 20 20 120
K25 - Texas Township $5,993,420 $352,554 $336,000 - $9,579 66 80 62
K27 - Wakeshma Twp $145,000 $72,500 $72,500 - $9,950 69 69 65
K29 - Brady Twp $692,500 $346,250 $346,250 - $18,200 72 72 26
K30 - Orangeville Twp $0 $0 $0  $0 NA NA 76
K31 - Hope Twp $257,000 $128,500 $128,500 - $11,400 73 73 59
K32 - Baltimore & Johnstown $890,000 $222,500 $197,500 - $6,200 16 38 46
K33 - Prairievile Twp $0 $0 $0  $0 NA NA 74
K34 - Barry Twp $456,500 $152,167 $182,500 - $1,633 14 14 82
K53 - Trowbridge Twp $931,900 $186,380 $170,000 - $1,900 42 42 34
K54 - Otsego Twp $1,496,642 $166,294 $180,000 - $3,539 24 34 28
K55 - Gun Plain Twp $567,900 $141,975 $139,950 - $475 21 47 27
K56 - Lake Doster $520,000 $260,000 $260,000 - $10,900 53 73 32
K59 - Allegan Twp $1,157,400 $192,900 $242,500 - $12,467 47 47 47
K60 - Watson Twp  $1,121,000 $373,667 $160,000 - $8,000 154 154 49
K61 - Martin Township $322,500 $161,250 $161,250 - $10,700 26 122 10
K80 - Bloomingdale & Pine Grove $1,109,400 $158,486 $180,000 - $6,386 58 67 62
K81 - Waverly & Almena Twp $1,133,800 $226,760 $179,000 - $5,246 30 30 57
K85 - Paw Paw Twp Except V $125,000 $125,000 $125,000 - $5,000 6 6 66
K86 - Antwerp Twp $1,452,210 $207,459 $165,500 - $3,729 68 87 49
K87 - Porter Twp $466,500 $155,500 $167,500 - $833 52 52 51
K88 - Village of Paw Paw $250,000 $125,000 $125,000 - $2,750 66 66 31
K89 - Decatur Twp $235,000 $117,500 $117,500 - $2,400 10 10 74



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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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