---
title: Market Conditions as of May 2018
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-5-2018)

## [Market Conditions as of May 2018](https://www.gkar.com/news/k-area-report-5-2018)

![Angela McMillan](https://app.hubspot.com/settings/avatar/f8983ea34833ea067730a32b536c81b6)

 Posted by [Angela McMillan](https://www.gkar.com/news/author/angela-mcmillan)  
 Jun 26, 2018 3:23:37 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*

#### 1/1/2018 - 5/31/2018

|   | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| --- | --- | --- | --- | --- | --- | --- | --- |
| **All Sold Listings** | 1,918 | $358,007,985 | $186,657 | $157,750 | -$3,461 | 40 | 51 |
| **Non Co-op Sales** | 405 | $84,256,074 | $208,040 | $175,000 | -$4,131 | 38 | 46 |
| **Co-op Sales** | 1,513 | $273,751,911 | $180,933 | $155,000 | -$3,281 | 41 | 53 |
|   |   |   |   |   |   |   |   |
| **Area** | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| **K01 - Milwood** | 53 | $6,224,459 | $117,443 | $120,000 | -$169 | 29 | 40 |
| **K02 - Westnedge Hill** | 26 | $4,511,680 | $173,526 | $152,040 | -$3,540 | 49 | 80 |
| **K03 - Westnedge-Whites Rd** | 42 | $4,181,269 | $99,554 | $80,500 | -$181 | 27 | 31 |
| **K04 - Oakwood-Parkview** | 20 | $2,790,140 | $139,507 | $113,500 | -$2,808 | 33 | 33 |
| **K05 - Winchell & Hillcrest** | 24 | $5,503,554 | $229,315 | $204,164 | -$4,875 | 52 | 52 |
| **K06 - WMU/Kcollege/Arcadia** | 27 | $5,170,783 | $191,510 | $146,000 | -$702 | 53 | 74 |
| **K07 - Westwood-NW Kalamazoo** | 108 | $14,200,948 | $131,490 | $126,250 | -$746 | 18 | 21 |
| **K08 - N Side w/in City Limits** | 29 | $1,733,670 | $59,782 | $40,000 | -$605 | 34 | 54 |
| **K09 - Dntown S To Crosstown** | 33 | $4,552,683 | $137,960 | $89,900 | -$3,217 | 31 | 34 |
| **K10 - Edison/Washington Sq** | 44 | $2,677,620 | $60,855 | $63,000 | -$2,267 | 41 | 47 |
| **K11 - North To G Ave Parchment N To G Ave** | 48 | $4,858,287 | $101,214 | $103,375 | -$579 | 19 | 21 |
| **K12 - East to Twp Line Eastwood** | 51 | $4,656,708 | $91,308 | $85,000 | -$1,575 | 29 | 32 |
| **K13 - Comstock & Charleston** | 124 | $22,811,552 | $183,964 | $175,000 | -$3,163 | 42 | 54 |
| **K15 - Richland & Ross Twp** | 93 | $21,824,504 | $234,672 | $226,000 | -$5,029 | 57 | 66 |
| **K16 - Pavilion & Climax Tw** | 25 | $4,684,000 | $187,360 | $159,000 | -$4,764 | 38 | 38 |
| **K19 - North Portage** | 194 | $37,339,133 | $192,470 | $169,950 | -$1,846 | 26 | 31 |
| **K20 - South Portage** | 125 | $24,516,396 | $196,131 | $181,450 | -$2,411 | 39 | 47 |
| **K21 - Schoolcraft & Prairie Ronde Twp** | 83 | $17,011,635 | $204,959 | $190,000 | -$6,047 | 39 | 59 |
| **K22 - Oshtemo Twp** | 106 | $27,077,023 | $255,444 | $227,500 | -$3,514 | 41 | 53 |
| **K23 - Alamo & Cooper Twp** | 57 | $9,867,141 | $173,108 | $170,000 | -$4,280 | 36 | 41 |
| **K24 - Gull Lake** | 9 | $9,143,500 | $1,015,944 | $640,000 | -$44,600 | 42 | 132 |
| **K25 - Texas Township** | 111 | $39,489,333 | $355,760 | $324,000 | -$9,003 | 56 | 88 |
| **K27 - Wakeshma Twp** | 6 | $832,150 | $138,692 | $134,950 | -$9,419 | 36 | 36 |
| **K29 - Brady Twp** | 18 | $3,540,500 | $196,694 | $151,950 | -$5,255 | 65 | 74 |
| **K30 - Orangeville Twp** | 19 | $3,194,265 | $168,119 | $170,000 | -$5,686 | 29 | 39 |
| **K31 - Hope Twp** | 21 | $3,158,682 | $150,413 | $123,900 | -$3,139 | 79 | 122 |
| **K32 - Baltimore & Johnstown** | 17 | $3,051,550 | $179,503 | $175,000 | -$4,444 | 66 | 76 |
| **K33 - Prairievile Twp** | 11 | $4,391,170 | $399,197 | $300,000 | -$27,184 | 98 | 124 |
| **K34 - Barry Twp** | 11 | $2,011,894 | $182,899 | $190,000 | -$7,369 | 62 | 62 |
| **K53 - Trowbridge Twp** | 12 | $2,126,678 | $177,223 | $143,750 | -$1,152 | 42 | 72 |
| **K54 - Otsego Twp** | 68 | $10,353,900 | $152,263 | $146,500 | -$1,371 | 31 | 41 |
| **K55 - Gun Plain Twp** | 40 | $6,833,055 | $170,826 | $164,950 | -$4,231 | 44 | 52 |
| **K56 - Lake Doster** | 7 | $1,945,269 | $277,896 | $245,000 | -$4,904 | 16 | 16 |
| **K59 - Allegan Twp** | 46 | $6,046,317 | $131,442 | $134,375 | -$2,358 | 53 | 59 |
| **K60 - Watson Twp ** | 11 | $1,378,250 | $125,295 | $135,000 | -$3,614 | 36 | 36 |
| **K61 - Martin Township** | 11 | $1,955,500 | $177,773 | $170,000 | -$3,182 | 34 | 34 |
| **K80 - Bloomingdale & Pine Grove** | 27 | $3,908,080 | $144,744 | $116,500 | -$6,872 | 64 | 68 |
| **K81 - Waverly & Almena Twp** | 30 | $6,448,529 | $214,951 | $179,000 | +$1,043 | 37 | 49 |
| **K85 - Paw Paw Twp Except V** | 21 | $4,367,540 | $207,978 | $233,000 | -$9,331 | 67 | 115 |
| **K86 - Antwerp Twp** | 67 | $12,039,188 | $179,689 | $182,500 | -$65 | 34 | 34 |
| **K87 - Porter Twp** | 12 | $2,151,400 | $179,283 | $183,750 | -$8,183 | 60 | 70 |
| **K88 - Village of Paw Paw** | 20 | $2,296,950 | $114,848 | $118,750 | -$598 | 53 | 80 |
| **K89 - Decatur Twp** | 11 | $1,151,100 | $104,645 | $87,000 | -$2,582 | 55 | 84 |

[(Top)](https://www.gkar.com/news/k-area-report-5-2018#Top)

*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2018 MichRIC, LLC All rights reserved. 

![Angela McMillan](https://app.hubspot.com/settings/avatar/f8983ea34833ea067730a32b536c81b6)

### [Angela McMillan](https://www.gkar.com/news/author/angela-mcmillan)

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