---
title: Market Conditions as of May 2020
description: GKAR's Monthly Real Estate Report Shows Latest Market Conditions in Kalamazoo Neighborhoods
image: https://www.gkar.com/hubfs/Blog%20Images%20GKAR%20Site%20(8).png
---

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# News

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## [Market Conditions as of May 2020](https://www.gkar.com/news/k-area-report-5-2020)

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

 Posted by [Angela McMillan](https://www.gkar.com/news/author/angela-mcmillan)  
 Jul 2, 2020 10:17:32 AM

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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*

#### 5/1/2020 - 5/31/2020

|   | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| --- | --- | --- | --- | --- | --- | --- | --- |
| **A****ll**** sold listings** | 1,454 | $294,466,874 | $202,522  | $175,000  | - $4,975 | 40 | 54 |
| **Non Co-op Sales** | 281 | $59,132,662 | $210,437 | $177,000  | - $7,910 | 36 | 46 |
| **Co-op Sales** | 1,173 | $235,334,212 | $200,626 | $175,000  | - $4,272 | 41 | 56 |
|   |   |   |   |   |   |   |   |
| **Area** | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| **K01 - Milwood** | 37 | $5,039,399 | $136,200 | $140,000 | + $1,071 | 14 | 16 |
| **K02 - Westnedge Hill** | 23 | $4,322,400 | $187,930 | $165,000 | - $1,217 | 20 | 33 |
| **K03 - Westnedge-Whites Rd** | 33 | $4,243,799 | $128,600 | $110,000 | - $1,986 | 36 | 42 |
| **K04 - Oakwood-Parkview** | 19 | $3,030,600 | $159,505 | $136,000 | - $1,447 | 29 | 39 |
| **K05 - Winchell & Hillcrest** | 13 | $2,734,200 | $210,323 | $184,900 | - $6,892 | 27 | 27 |
| **K06 - WMU/Kcollege/Arcadia** | 22 | $4,768,623 | $216,756 | $187,050 | - $5,203 | 40 | 40 |
| **K07 - Westwood-NW Kalamazo** | 75 | $11,465,650 | $152,875 | $145,000 | - $2,059 | 42 | 48 |
| **K08 - N Side w/in City Limits** | 26 | $1,995,547 | $76,752 | $47,000 | - $4,773 | 30 | 32 |
| **K09 - Dntown S To Crosstown** | 21 | $2,716,311 | $129,348 | $111,111 | - $3,209 | 20 | 54 |
| **K10 - Edison/Washington Sq** | 41 | $2,953,026 | $70,310 | $74,500 | - $3,740 | 32 | 48 |
| **K11 - North To G Ave Parchment** | 26 | $2,775,575 | $106,753 | $115,000 | - $1,244 | 28 | 28 |
| **K12 - East to Twp Line Eastwood** | 54 | $4,908,068 | $89,238 | $85,000 | - $2,182 | 30 | 35 |
| **K13 - Comstock & Charleston** | 102 | $19,616,138 | $190,448 | $187,500 | - $1,320 | 39 | 52 |
| **K15 - Richland & Ross Twp** | 58 | $15,509,292 | $262,869 | $214,900 | - $9,498 | 58 | 120 |
| **K16 - Pavillion & Climax Tw** | 39 | $8,475,900 | $217,331 | $190,000 | - $9,572 | 44 | 55 |
| **K19 - North Portage** | 130 | $27,987,165 | $213,642 | $190,000 | - $3,731 | 32 | 45 |
| **K20 - South Portage** | 102 | $23,009,924 | $225,587 | $185,750 | - $5,342 | 36 | 43 |
| **K21 - Schoolcraft & Prairie Ronde Twp** | 60 | $12,630,795 | $210,513 | $184,950 | - $5,306 | 51 | 60 |
| **K22 - Oshtemo Twp** | 62 | $16,168,019 | $260,774 | $253,750 | - $4,786 | 44 | 52 |
| **K23 - Alamo & Cooper Twp** | 44 | $8,135,774 | $184,904 | $170,000 | - $4,967 | 38 | 47 |
| **K24 - Gull Lake** | 7 | $6,824,000 | $974,857 | $850,000 | - $57,129 | 83 | 97 |
| **K25 - Texas Township** | 99 | $35,243,727 | $355,997 | $337,000 | - $8,282 | 53 | 86 |
| **K27 - Wakeshma Twp** | 3 | $213,000 | $71,000 | $68,000 | - $6,633 | 46 | 46 |
| **K29 - Brady Twp** | 9 | $1,943,901 | $215,989 | $148,500 | - $2,951 | 37 | 47 |
| **K30 - Orangeville Twp** | 9 | $2,686,900 | $298,544 | $189,900 | - $16,756 | 35 | 62 |
| **K31 - Hope Twp** | 12 | $1,943,401 | $161,950 | $166,000 | - $43,374 | 36 | 36 |
| **K32 - Baltimore & Johnstown** | 16 | $3,716,500 | $232,281 | $190,000 | - $12,495 | 67 | 72 |
| **K33 - Prairieville Twp** | 8 | $2,740,700 | $304,522 | $322,700 | - $10,111 | 66 | 86 |
| **K34 - Barry Twp** | 9 | $1,606,400 | $178,489 | $140,000 | - $3,622 | 35 | 45 |
| **K53 - Trowbridge Twp** | 10 | $2,190,300 | $219,030 | $183,000 | - $4,470 | 36 | 36 |
| **K54 - Otsego Twp** | 47 | $7,848,648 | $166,993 | $163,000 | - $2,391 | 41 | 54 |
| **K55 - Gun Plain Twp** | 24 | $3,688,578 | $153,691 | $149,450 | - $1,922 | 40 | 45 |
| **K56 - Lake Doster** | 10 | $3,689,950 | $368,995 | $322,500 | - $7,657 | 47 | 65 |
| **K59 - Allegan Twp** | 40 | $6,946,930 | $173,673 | $163,750 | - $4,534 | 46 | 50 |
| **K60 - Watson Twp** | 7 | $1,871,000 | $267,286 | $160,000 | - $5,879 | 92 | 92 |
| **K61 - Martin Township** | 7 | $1,122,500 | $160,357 | $177,000 | - $1,428 | 19 | 47 |
| **K80 - Bloomingdale & Pine Grove** | 17 | $3,077,345 | $181,020 | $180,000 | - $6,439 | 46 | 88 |
| **K81 - Waverly & Almena Twp** | 28 | $6,938,011 | $247,786 | $239,150 | - $5,336 | 37 | 61 |
| **K85 - Paw Paw Twp Except V** | 10 | $1,503,275 | $150,328 | $133,600 | + $218 | 33 | 33 |
| **K86 - Antwerp Twp** | 52 | $11,341,904 | $218,114 | $218,500 | - $1,771 | 40 | 73 |
| **K87 - Porter Twp** | 10 | $2,347,500 | $234,750 | $217,500 | - $14,870 | 78 | 93 |
| **K88 - Village of Paw Paw** | 15 | $2,133,200 | $142,213 | $140,500 | - $4,953 | 43 | 59 |
| **K89 - Decatur Twp** | 18 | $1,850,500 | $97,395 | $100,000 | - $3,716 | 41 | 41 |

[(Top)](https://www.gkar.com/news/k-area-report-5-2020#Top)

*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](https://app.hubspot.com/settings/avatar/f8983ea34833ea067730a32b536c81b6)

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

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