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Market Conditions as of August 2017

Shayne Wheeler

Posted by Shayne Wheeler
Sep 15, 2017 4:13:59 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*

1/1/2017 - 8/31/2017

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All Sold Listings 3,614 $668,240,859 $184,903 $155,000 -$
3,923
38 48
Non Co-op Sales 747 $157,838,562 $211,297 $165,000 -$
5,604
35 46
Co-op Sales 2,867 $510,402,296 $178,027 $153,000 -$
3,485
39 49
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 125 $13,919,711 $111,358 $112,000 +$19 22 33
K02 - Westnedge Hill 73 $13,438,723 $184,092 $142,000 -$
7,592
38 46
K03 - Westnedge-Whites Rd 77 $10,509,922 $136,492 $98,400 -$
4,211
25 35
K04 - Oakwood-Parkview 72 $9,758,089 $135,529 $117,500 - $2,172 31 36
K05 - Winchell & Hillcrest 57 $12,524,242 $219,724 $196,000 -$
4,886
43 49
K06 - WMU/Kcollege/Arcadia 48 $8,895,266 $185,318 $160,000 -$
2,255
47 74
K07 - Westwood-NW Kalamazoo 197 $26,218,725 $133,090 $132,000 -$
1,025
25 31
K08 - N Side w/in City Limits 31 $1,530,960 $49,386 $32,000 -$
1,832
57 59
K09 - Dntown S To Crosstown 40 $3,458,290 $86,457 $81,000 -$
2,979
41 54
K10 - Edison/Washington Sq 73 $3,689,960 $50,547 $45,000 -$
2,118
49 57
K11 - North To G Ave Parchment N To G Ave 79 $8,644,233 $109,421 $109,999 +$
756
29 37
K12 - East to Twp Line Eastwood 99 $7,275,030 $73,485 $74,900 +$349 27 35
K13 - Comstock & Charleston 183 $31,103,874 $169,967 $163,225 - $3,281 37 46
K15 - Richland & Ross Twp 152 $39,531,925 $260,078 $212,400 -$
6,801
51 69
K16 - Pavilion & Climax Tw 78 $14,390,542 $184,494 $171,122 -$2,643 39 51
K19 - North Portage 374 $70,905,006 $189,586 $165,000 -$
2,695
28 35
K20 - South Portage 220 $49,507,567 $225,034 $193,500 -$
2,571
36 40
K21 - Schoolcraft & Prairie Ronde Twp 162 $29,923,331 $184,712 $170,950 - $2,467 39 48
K22 - Oshtemo Twp 195 $42,956,638 $220,290 $198,000 -$
4,092
39 55
K23 - Alamo & Cooper Twp 97 $15,787,440 $162,757 $142,000 -$
2,577
37 41
K24 - Gull Lake 19 $19,090,845 $1,004,781 $777,344 -$
88,024
59 79
K25 - Texas Township 242 $84,137,387 $347,675 $306,250 -$
7,319
41 56
K27 - Wakeshma Twp 10 $1,208,070 $120,807 $117,500 -$2,503 51 69
K29 - Brady Twp 38 $6,942,370 $182,694 $148,250 -$
6,879
27 39
K30 - Orangeville Twp 33 $6,042,741 $183,113 $175,000 -$
4,419
54 86
K31 - Hope Twp 39 $7,682,026 $196,975 $140,000 -$
10,437
47 49
K32 - Baltimore & Johnstown 28 $4,459,978 $159,285 $122,360 -$
5,379
82 88
K33 - Prairievile Twp 27 $7,291,600 $270,059 $237,000 -$
11,293
56 69
K34 - Barry Twp 31 $5,214,070 $168,196 $159,900 -$5,457 39 44
K53 - Trowbridge Twp 24 $3,981,550 $165,898 $175,000 -$
8,602
63 67
K54 - Otsego Twp 99 $12,805,579 $129,349 $130,900 -$
2,410
34 39
K55 - Gun Plain Twp 85 $12,201,134 $143,543 $139,900 -$
3,013
34 40
K56 - Lake Doster 16 $4,084,800 $255,300 $229,950 -$
2,369
37 48
K59 - Allegan Twp 96 $11,766,944 $122,572 $114,950 -$
5,136
41 55
K60 - Watson Twp  12 $2,115,001 $176,250 $167,250 -$4,534 65 73
K61 - Martin Township 14 $1,996,300 $142,593 $132,500 -$
5,764
69 69
K80 - Bloomingdale & Pine Grove 46 $6,305,300 $137,072 $117,250 -$
4,305
61 77
K81 - Waverly & Almena Twp 75 $14,526,983 $193,693 $172,000 -$859 39 45
K85 - Paw Paw Twp Except V 28 $4,302,647 $153,666 $128,250 +$1,359 40 68
K86 - Antwerp Twp 141 $25,701,749 $182,282 $183,500 - $2,683 33 45
K87 - Porter Twp 28 $7,145,291 $255,189 $229,950 -$
10,000
82 113
K88 - Village of Paw Paw 25 $2,464,319 $98,573 $105,000 -$3,225 46 68
K89 - Decatur Twp 26 $2,804,700 $107,873 $93,550 -$
5,515
61 124

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

               

 

 

 

 

 

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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

Shayne Wheeler

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