KHORUS.png

GKAR Newsfeed

Market Conditions as of August 2022

Shayne Wheeler

Posted by Shayne Wheeler
Sep 26, 2022 12:21:33 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*

1/1/2022 - 8/31/2022

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All 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)

*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

Shayne Wheeler

Connect with me here: