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Market Conditions as of April 2019

Shayne Wheeler

Posted by Shayne Wheeler
May 31, 2019 12:13:00 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*

1/1/2019 - 4/30/2019

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 1,236 $236,707,219 $191,511 $164,950 - $4,545 41 53
Non Co-op Sales 245 $53,977,796 $220,318 $178,000 - $4,522 35 50
Co-op Sales 991 $182,729,423 $184,389 $161,900 - $4,551 43 53
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 36 $4,512,683 $125,352 $129,433 - $164 18 22
K02 - Westnedge Hill 14 $3,571,700 $255,121 $236,450 - $9,288 56 67
K03 - Westnedge-Whites Rd 19 $2,961,950 $155,892 $99,900 - $2,669 41 41
K04 - Oakwood-Parkview 24 $3,602,100 $150,088 $119,000 - $2,250 25 29
K05 - Winchell & Hillcrest 21 $4,684,905 $223,091 $177,000 - $15,940 30 40
K06 - WMU/Kcollege/Arcadia 19 $4,462,687 $234,878 $187,000 - $1,096 34 34
K07 - Westwood-NW Kalamazoo 62 $9,303,482 $150,056 $147,450 - $2,509 23 24
K08 - N Side w/in City Limits 13 $1,174,450 $90,342 $71,500 - $1,619 31 31
K09 - Downtown S To Crosstown 19 $2,142,100 $112,742 $105,000 + $2,405 33 33
K10 - Edison/Washington Sq 39 $2,155,326 $55,265 $57,000 - $3,356 30 32
K11 - North To G Ave Parchment N To G Ave 35 $3,600,651 $102,876 $103,500 + $629 35 39
K12 - East to Twp Line Eastwood 37 $3,423,750 $92,534 $88,900 - $1,666 28 35
K13 - Comstock & Charleston 60 $9,722,000 $162,033 $145,000 - $5,514 48 51
K15 - Richland & Ross Twp 49 $11,021,480 $224,928 $200,000 - $7,615 51 56
K16 - Pavilion & Climax Twp 17 $3,581,300 $210,665 $188,000 - $3,971 52 58
K19 - North Portage 113 $22,723,270 $201,091 $170,000 - $3,736 39 49
K20 - South Portage 77 $17,057,819 $221,530 $210,000 - $2,833 35 42
K21 - Schoolcraft & Prairie Ronde Twp 56 $12,166,940 $217,267 $190,500 - $4,278 42 50
K22 - Oshtemo Twp 46 $11,386,715 $247,537 $251,500 - $5,892 47 68
K23 - Alamo & Cooper Twp 40 $7,038,400 $175,960 $171,950 - $320 37 52
K24 - Gull Lake 3 $2,425,000 $808,333 $875,000 - $27,667 52 166
K25 - Texas Township 74 $25,889,140 $349,853 $332,000 - $9,238 58 82
K27 - Wakeshma Twp 2 $292,000 $146,000 $146,000 - $950 279 279
K29 - Brady Twp 12 $2,127,700 $177,308 $144,000 $2,350 30 30
K30 - Orangeville Twp 11 $2,490,200 $226,382 $165,000 - $11,891 66 130
K31 - Hope Twp 11 $2,205,400 $200,491 $162,000 - $7,464 69 75
K32 - Baltimore & Johnstown 17 $2,659,951 $156,468 $132,250 - $3,212 61 61
K33 - Prairievile Twp 15 $4,747,800 $316,520 $250,000 - $21,047 62 82
K34 - Barry Twp 14 $3,147,099 $224,793 $224,950 - $9,864 56 101
K53 - Trowbridge Twp 9 $1,556,400 $172,933 $168,000 - $422 40 40
K54 - Otsego Twp 36 $5,769,125 $160,253 $137,500 - $2,219 33 35
K55 - Gun Plain Twp 19 $3,605,550 $189,766 $179,000 - $6,174 47 53
K56 - Lake Doster 40 $5,864,380 $146,610 $141,450 - $3,175 56 66
K59 - Allegan Twp 29 $3,888,500 $134,086 $137,500 - $2,848 50 59
K60 - Watson Twp  3 $473,500 $157,833 $125,000 - $6,433 111 193
K61 - Martin Township 4 $569,999 $142,500 $168,500 + $800 8 8
K80 - Bloomingdale & Pine Grove 18 $2,823,350 $156,853 $165,750 - $6,181 50 72
K81 - Waverly & Almena Twp 35 $7,576,630 $216,475 $202,000 - $7,470 56 76
K85 - Paw Paw Twp Except V 8 $1,126,000 $1,354,000 $155,000 - $10,688 47 70
K86 - Antwerp Twp 59 $11,398,256 $193,191 $203,000 - $2,674 40 70
K87 - Porter Twp 6 $1,343,900 $240,780 $160,000 - $18,200 43 94
K88 - Village of Paw Paw 14 $1,569,635 $112,117 $110,000 - $2,633 43 43
K89 - Decatur Twp 10 $882,500 $88,250 $78,250 - $5,710 25 46



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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2019 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

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