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Market Conditions as of November 2020

Shayne Wheeler

Posted by Shayne Wheeler
Dec 16, 2020 8:41:34 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 - 11/30/2020

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 4,677 $1,048,454,853 $224,173 $190,000 - $2,882 30 40
Non Co-op Sales 929 $223,394,937 $240,468 $196,332 - $5,120 28 36
Co-op Sales 3,748 $825,059,916 $220,133 $190,000 - $2,328 31 41
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 4,677 $1,048,454,853 $224,173 $190,000 - $2,882 30 40
K02 - Westnedge Hill 117 $17,341,789 $148,220 $152,000 + $1,653 9 10
K03 - Westnedge-Whites Rd 79 $16,361,456 $207,107 $172,724 - $2,463 21 28
K04 - Oakwood-Parkview 95 $15,467,663 $162,818 $127,000 - $941 21 30
K05 - Winchell & Hillcrest 72 $11,155,950 $154,944 $142,500 - $2,344 21 26
K06 - WMU/Kcollege/Arcadia 74 $16,563,470 $223,831 $210,500 - $2,400 17 22
K07 - Westwood-NW Kalamazo 67 $14,762,478 $220,335 $184,100 - $3,608 41 41
K08 - N Side w/in City Limits 232 $38,515,894 $166,017 $165,000 + $935 23 26
K09 - Dntown S To Crosstown 61 $5,185,009 $85,000 $72,500 - $1,889 33 34
K10 - Edison/Washington Sq 65 $8,288,761 $127,519 $112,000 - $2,705 27 42
K11 - North To G Ave Parchment 106 $8,114,426 $76,551 $79,450 - $117 25 39
K12 - East to Twp Line Eastwood 85 $10,332,200 $121,555 $130,000 + $1,167 17 17
K13 - Comstock & Charleston 160 $15,829,725 $98,936 $99,950 - $49 19 24
K15 - Richland & Ross Twp 289 $58,116,052 $201,094 $190,500 - $688 26 34
K16 - Pavillion & Climax Tw 194 $55,293,705 $285,019 $247,000 - $5,120 43 72
K19 - North Portage 94 $22,067,353 $234,759 $215,660 - $6,581 28 33
K20 - South Portage 452 $102,651,660 $227,105 $203,625 - $1,793 24 31
K21 - Schoolcraft & Prairie Ronde Twp 325 $85,125,964 $261,926 $233,530 - $3,684 33 42
K22 - Oshtemo Twp 183 $43,108,355 $235,565 $207,000 - $3,002 36 45
K23 - Alamo & Cooper Twp 238 $67,922,716 $285,390 $256,950 - $3,647 35 41
K24 - Gull Lake 158 $36,645,433 $231,933 $206,450 + $1,505 22 29
K25 - Texas Township 25 $24,078,967 $963,159 $730,000 - $64,257 55 61
K27 - Wakeshma Twp 284 $110,918,626 $390,559 $359,950 - $6,258 46 70
K29 - Brady Twp 7 $758,206 $108,315 $110,000 - $2,369 49 49
K30 - Orangeville Twp 41 $12,364,295 $301,568 $235,000 - $4,043 21 25
K31 - Hope Twp 33 $9,428,210 $285,703 $245,000 - $4,987 41 48
K32 - Baltimore&Johnstown 55 $11,761,930 $213,853 $189,000 - $17,053 50 56
K33 - Prairieville Twp 63 $14,045,751 $222,948 $215,000 - $4,811 50 64
K34 - Barry Twp 39 $11,314,850 $290,124 $280,000 - $11,132 44 62
K53 - Trowbridge Twp 47 $9,721,270 $206,836 $175,000 - $2,839 37 51
K54 - Otsego Twp 32 $7,688,200 $240,256 $218,500 - $2,281 28 64
K55 - Gun Plain Twp 125 $24,146,521 $193,172 $175,000 + $14 29 35
K56 - Lake Doster 94 $18,114,985 $192,713 $178,498 - $984 29 34
K59 - Allegan Twp 23 $8,010,350 $348,276 $315,000 - $5,342 46 53
K60 - Watson Twp 139 $25,211,364 $181,377 $172,000 - $1,008 34 36
K61 - Martin Township 19 $4,379,550 $230,503 $189,050 - $4,179 50 67
K80 - Bloomingdale & Pine Grove 18 $3,425,378 $190,299 $182,500 + $894 25 36
K81 - Waverly & Almena Twp 71 $15,322,240 $215,806 $184,900 - $2,130 33 50
K85 - Paw Paw Twp Except V 93 $23,302,679 $250,566 $232,000 - $1,514 27 40
K86 - Antwerp Twp 41 $10,018,701 $244,359 $204,000 - $5,009 35 39
K87 - Porter Twp 147 $31,755,076 $216,021 $221,900 - $2,440 30 43
K88 - Village of Paw Paw 34 $8,477,800 $249,347 $246,900 - $18,388 78 93
K89 - Decatur Twp 50 $7,698,399 $153,968 $147,450 - $2,646 19 34
K89 - Decatur Twp 51 $7,661,447 $150,224 $130,000 - $3,267 36 40

 

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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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