---
title: Market Conditions as of May 2017
description: GKAR's Monthly Real Estate Report Shows Latest Market Conditions in Kalamazoo Neighborhoods
image: https://www.gkar.com/hubfs/Blog/sales_report_350px.png
---

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# News

[![](https://www.gkar.com/hubfs/Blog/sales_report_350px.png) ](https://www.gkar.com/news/k-area-report-5-2017)

## [Market Conditions as of May 2017](https://www.gkar.com/news/k-area-report-5-2017)

![Shayne Wheeler](https://app.hubspot.com/settings/avatar/8e3b80c62d3f718e174e8126f7cd9213)

 Posted by [Shayne Wheeler](https://www.gkar.com/news/author/shayne-wheeler)  
 Jun 16, 2017 3:35:14 PM

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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 ](https://www.gkar.com/sales_reports)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 - 5/31/2017

|   | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| --- | --- | --- | --- | --- | --- | --- | --- |
| **All Sold Listings** | 1,901 | $325,643,203 | $171,301 | $148,000 | -$ 3,524 | 44 | 58 |
| **Non Co-op Sales** | 389 | $73,716,260 | $189,502 | $156,500 | -$ 4,147 | 39 | 52 |
| **Co-op Sales** | 1,512 | $251,926,943 | $166,618 | $145,000 | -$ 3,364 | 51 | 59 |
|   |   |   |   |   |   |   |   |
| **Area** | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| **K01 - Milwood** | 58 | $6,132,443 | $105,732 | $104,550 | -$ 1,276 | 34 | 53 |
| **K02 - Westnedge Hill** | 32 | $4,541,034 | $141,907 | $138,250 | -$ 5,590 | 46 | 57 |
| **K03 - Westnedge-Whites Rd** | 41 | $5,265,717 | $128,432 | $90,000 | -$ 5,121 | 36 | 42 |
| **K04 - Oakwood-Parkview** | 38 | $5,325,523 | $140,145 | $116,500 | - $3,799 | 44 | 54 |
| **K05 - Winchell & Hillcrest** | 25 | $5,344,025 | $213,761 | $172,800 | -$ 5,547 | 73 | 87 |
| **K06 - WMU/Kcollege/Arcadia** | 21 | $3,714,591 | $176,885 | $135,500 | -$ 1,600 | 40 | 96 |
| **K07 - Westwood-NW Kalamazoo** | 108 | $13,831,738 | $128,072 | $127,112 | -$ 1,401 | 33 | 43 |
| **K08 - N Side w/in City Limits** | 20 | $739,660 | $36,983 | $27,000 | -$ 2,574 | 77 | 77 |
| **K09 - Dntown S To Crosstown** | 19 | $1,671,790 | $87,989 | $78,000 | -$ 2,817 | 57 | 66 |
| **K10 - Edison/Washington Sq** | 45 | $2,282,160 | $50,715 | $44,900 | -$ 2,006 | 27 | 39 |
| **K11 - North To G Ave Parchment N To G Ave** | 43 | $4,759,663 | $110,690 | $109,999 | -$ 1,113 | 43 | 58 |
| **K12 - East to Twp Line Eastwood** | 56 | $4,126,588 | $73,689 | $76,450 | + $750 | 32 | 42 |
| **K13 - Comstock & Charleston** | 96 | $15,183,094 | $158,157 | $160,950 | - $2,828 | 38 | 50 |
| **K15 - Richland & Ross Twp** | 76 | $18,221,364 | $239,755 | $191,000 | -$ 7,133 | 60 | 77 |
| **K16 - Pavilion & Climax Tw** | 35 | $5,875,294 | $167,866 | $149,900 | $2,317 | 49 | 49 |
| **K19 - North Portage** | 212 | $38,429,516 | $181,271 | $160,500 | -$ 2,656 | 37 | 46 |
| **K20 - South Portage** | 109 | $24,279,747 | $222,750 | $184,900 | -$ 4,525 | 43 | 45 |
| **K21 - Schoolcraft & Prairie Ronde Twp** | 88 | $15,628,855 | $177,601 | $169,950 | - $1,802 | 47 | 59 |
| **K22 - Oshtemo Twp** | 106 | $22,772,308 | $214,833 | $191,300 | -$ 5,761 | 51 | 75 |
| **K23 - Alamo & Cooper Twp** | 56 | $9,181,400 | $163,954 | $139,500 | -$ 2,851 | 47 | 55 |
| **K24 - Gull Lake** | 6 | $3,930,345 | $655,058 | $682,500 | -$ 46,176 | 68 | 83 |
| **K25 - Texas Township** | 117 | $40,238,455 | $343,918 | $315,000 | -$ 6,006 | 43 | 61 |
| **K27 - Wakeshma Twp** | 3 | $300,170 | $100,057 | $93,500 | $4,543 | 80 | 80 |
| **K29 - Brady Twp** | 20 | $3,286,000 | $164,300 | $138,750 | -$ 5,610 | 21 | 31 |
| **K30 - Orangeville Twp** | 24 | $3,835,846 | $159,827 | $171,250 | -$ 3,472 | 62 | 106 |
| **K31 - Hope Twp** | 25 | $4,372,303 | $174,892 | $122,000 | -$ 12,106 | 52 | 55 |
| **K32 - Baltimore & Johnstown** | 15 | $2,434,178 | $162,279 | $147,000 | -$ 2,581 | 90 | 101 |
| **K33 - Prairievile Twp** | 13 | $3,046,800 | $234,369 | $237,000 | -$ 9,508 | 67 | 79 |
| **K34 - Barry Twp** | 13 | $2,497,600 | $192,123 | $169,900 | -$4,373 | 40 | 51 |
| **K53 - Trowbridge Twp** | 16 | $2,569,000 | $160,562 | $155,000 | -$ 9,906 | 76 | 76 |
| **K54 - Otsego Twp** | 62 | $7,219,379 | $116,442 | $108,750 | -$ 2,476 | 41 | 50 |
| **K55 - Gun Plain Twp** | 51 | $6,667,884 | $130,743 | $128,900 | -$ 3,056 | 32 | 39 |
| **K56 - Lake Doster** | 7 | $1,599,400 | $228,486 | $210,000 | -$ 5,729 | 72 | 98 |
| **K59 - Allegan Twp** | 48 | $5,426,449 | $113,051 | $112,034 | -$ 4,543 | 44 | 57 |
| **K60 - Watson Twp ** | 7 | $1,207,500 | $172,500 | $167,500 | -$3,557 | 59 | 74 |
| **K61 - Martin Township** | 8 | $1,095,500 | $136,938 | $135,000 | -$ 3,938 | 53 | 53 |
| **K80 - Bloomingdale & Pine Grove** | 24 | $3,107,800 | $129,492 | $107,500 | -$ 4,451 | 46 | 75 |
| **K81 - Waverly & Almena Twp** | 46 | $8,508,519 | $184,968 | $170,450 | -$898 | 50 | 59 |
| **K85 - Paw Paw Twp Except V** | 13 | $1,520,277 | $116,944 | $125,000 | +$1,852 | 35 | 35 |
| **K86 - Antwerp Twp** | 67 | $11,720,169 | $174,928 | $170,200 | - $1,535 | 44 | 55 |
| **K87 - Porter Twp** | 8 | $1,765,700 | $220,712 | $221,950 | +$ 3,400 | 59 | 59 |
| **K88 - Village of Paw Paw** | 12 | $1,042,319 | $86,860 | $84,500 | -$3,176 | 53 | 98 |
| **K89 - Decatur Twp** | 12 | $945,100 | $78,758 | $74,950 | -$ 4,342 | 94 | 171 |

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

  

 

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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](https://app.hubspot.com/settings/avatar/8e3b80c62d3f718e174e8126f7cd9213)

### [Shayne Wheeler](https://www.gkar.com/news/author/shayne-wheeler)

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