---
title: Market Conditions as of August 2022
description: GKAR's Monthly Real Estate Report Shows Latest Market Conditions in Kalamazoo Neighborhoods
image: https://www.gkar.com/hubfs/Website/Blog/residential%20sales%20report%20graphic.png
---

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# News

[![](https://www.gkar.com/hubfs/Website/Blog/residential%20sales%20report%20graphic.png) ](https://www.gkar.com/news/k-area-report-8-2022)

## [Market Conditions as of August 2022](https://www.gkar.com/news/k-area-report-8-2022)

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

 Posted by [Shayne Wheeler](https://www.gkar.com/news/author/shayne-wheeler)  
 Sep 26, 2022 12:21:33 PM

- [Tweet](https://twitter.com/share)

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*

#### 1/1/2022 - 8/31/2022

|   | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| --- | --- | --- | --- | --- | --- | --- | --- |
| **A****ll**** sold listings** | 3,145 | $877,780,199  | $279,103  | $240,000  | + $3,007 | 13 | 17 |
| **Non Co-op Sales** | 605 | $187,698,491  | $310,245  | $249,950  | + $935 | 12 | 16 |
| **Co-op Sales** | 2,540 | $690,081,708  | $271,686  | $239,000  | + $3,500 | 14 | 18 |
|   |   |   |   |   |   |   |   |
| **Area** | **Units** | **Volume** | **Avg. Sale Price** | **Median Sale Price** | **Avg. Diff. SP to LP** | **Avg. DOM** | **Avg. CDOM** |
| **K01 - Milwood** | 94 | $18,231,014  | $193,947  | $194,500  | + $7,859 | 5 | 7 |
| **K02 - Westnedge Hill** | 57 | $13,322,671  | $233,731  | $197,500  | + $5,142 | 9 | 10 |
| **K03 - Westnedge-Whites Rd** | 66 | $13,197,797  | $199,967  | $171,000  | + $2,408 | 15 | 16 |
| **K04 - Oakwood-Parkview** | 55 | $9,729,585  | $176,902  | $160,000  | + $8,681 | 8 | 8 |
| **K05 - Winchell & Hillcrest** | 46 | $12,602,007  | $273,957  | $277,450  | + $7,302 | 9 | 11 |
| **K06 - WMU/Kcollege/Arcadia** | 44 | $10,812,128  | $245,730  | $204,500  | + $765 | 16 | 16 |
| **K07 - Westwood-NW Kalamazoo** | 152 | $34,021,850  | $223,828  | $215,250  | + $9,757 | 7 | 9 |
| **K08 - N Side w/in City Limits** | 48 | $4,579,638  | $95,409  | $78,544  | + $8 | 20 | 20 |
| **K09 - Dntown S To Crosstown** | 62 | $11,075,850  | $178,643  | $147,750  | - $334 | 23 | 36 |
| **K10 - Edison/Washington Sq** | 95 | $10,717,923  | $112,820  | $109,999  | + $2,442 | 11 | 13 |
| **K11 - North To G Ave Parchment** | 54 | $9,134,221  | $169,152  | $170,000  | + $5,328 | 7 | 8 |
| **K12 - East to Twp Line Eastwood** | 89 | $11,612,150  | $130,474  | $125,000  | + $2,458 | 16 | 18 |
| **K13 - Comstock & Charleston** | 194 | $48,212,337  | $248,517  | $235,000  | + $3,695 | 10 | 13 |
| **K15 - Richland & Ross Twp** | 124 | $46,202,626  | $372,602  | $312,500  | + $847 | 18 | 20 |
| **K16 - Pavillion & Climax Tw** | 56 | $16,221,950  | $289,678  | $284,500  | - $4,861 | 12 | 12 |
| **K19 - North Portage** | 311 | $88,938,081  | $285,975  | $260,000  | + $6,097 | 9 | 10 |
| **K20 - South Portage** | 160 | $56,828,394  | $355,177  | $320,000  | + $2,249 | 13 | 14 |
| **K21 - Schoolcraft & Prairie Ronde Twp** | 119 | $34,731,770  | $291,864  | $270,000  | + $1,095 | 14 | 22 |
| **K22 - Oshtemo Twp** | 183 | $65,002,013  | $355,202  | $325,000  | + $2,584 | 18 | 30 |
| **K23 - Alamo & Cooper Twp** | 127 | $31,072,285  | $244,664  | $220,000  | + $6,540 | 10 | 10 |
| **K24 - Gull Lake** | 17 | $24,712,700  | $1,453,688  | $1,200,000  | - $66,571 | 22 | 32 |
| **K25 - Texas Township** | 177 | $89,036,556  | $503,031  | $455,000  | + $666 | 19 | 31 |
| **K27 - Wakeshma Twp** | 6 | $645,850  | $107,642  | $102,500  | + $2,092 | 46 | 46 |
| **K29 - Brady Twp** | 31 | $8,663,807  | $279,478  | $220,000  | - $7,235 | 17 | 23 |
| **K30 - Orangeville Twp** | 23 | $7,724,250  | $335,837  | $301,600  | - $4,624 | 25 | 33 |
| **K31 - Hope Twp** | 21 | $6,595,518  | $314,072  | $245,000  | + $1,476 | 7 | 7 |
| **K32 - Baltimore & Johnstown** | 34 | $10,117,810  | $297,583  | $240,000  | - $144 | 23 | 24 |
| **K33 - Prairieville Twp** | 33 | $10,510,850  | $318,511  | $335,000  | + $2,062 | 13 | 18 |
| **K34 - Barry Twp** | 26 | $6,741,505  | $259,289  | $230,000  | - $4,092 | 18 | 18 |
| **K53 - Trowbridge Twp** | 13 | $3,133,486  | $241,037  | $219,900  | + $5,239 | 10 | 10 |
| **K54 - Otsego Twp** | 98 | $23,314,538  | $237,903  | $217,500  | + $5,567 | 9 | 9 |
| **K55 - Gun Plain Twp** | 63 | $16,408,338  | $260,450  | $225,000  | + $10,449 | 15 | 18 |
| **K56 - Lake Doster** | 7 | $2,666,900  | $380,986  | $382,000  | + $3,329 | 5 | 5 |
| **K59 - Allegan Twp** | 101 | $25,050,247  | $248,022  | $230,000  | + $6,452 | 10 | 14 |
| **K60 - Watson Twp** | 10 | $2,930,413  | $293,041  | $223,750  | + $13,891 | 13 | 13 |
| **K61 - Martin Township** | 17 | $4,032,375  | $237,199  | $227,900  | + $9,894 | 14 | 14 |
| **K80 - Bloomingdale & Pine Grove** | 52 | $11,318,908  | $217,671  | $177,500  | - $3,003 | 21 | 33 |
| **K81 - Waverly & Almena Twp** | 53 | $15,859,932  | $299,244  | $281,100  | + $3,216 | 10 | 11 |
| **K85 - Paw Paw Twp Except V** | 27 | $8,288,600  | $306,985  | $280,000  | - $8,224 | 22 | 25 |
| **K86 - Antwerp Twp** | 119 | $34,526,363  | $290,138  | $290,000  | + $1,997 | 15 | 26 |
| **K87 - Porter Twp** | 22 | $7,820,500  | $355,477  | $375,750  | + $1,923 | 22 | 28 |
| **K88 - Village of Paw Paw** | 36 | $7,496,063  | $208,224  | $200,000  | + $4,035 | 12 | 22 |
| **K89 - Decatur Twp** | 23 | $3,938,400  | $171,235  | $156,500  | - $6,504 | 36 | 52 |

[(Top)](https://www.gkar.com/news/k-area-report-8-2022#Top)

*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2022 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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