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Market Conditions as of September 2021

Shayne Wheeler

Posted by Shayne Wheeler
Oct 20, 2021 1:32:40 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*

1/1/2021 - 9/30/2021

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 3,841 $990,853,143  $257,967  $225,000  + $1,422 17 22
Non Co-op Sales 781 $218,657,246  $279,971  $240,000  - $888 16 22
Co-op Sales 3,060 $772,195,897  $252,352  $220,000  + $2,012 17 22
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 110 $19,001,626  $172,742  $175,000  + $8,173 4 5
K02 - Westnedge Hill 63 $13,450,889  $213,506  $211,000  + $5,092 13 16
K03 - Westnedge-Whites Rd 80 $16,136,228  $201,703  $165,000  + $4,560 7 7
K04 - Oakwood-Parkview 61 $11,975,100  $196,313  $160,000  + $1,743 11 13
K05 - Winchell & Hillcrest 46 $12,462,050  $270,914  $267,500  - $660 9 9
K06 - WMU/Kcollege/Arcadia 69 $17,010,963  $246,536  $233,000  + $627 46 50
K07 - Westwood-NW Kalamazo 164 $32,065,299  $195,520  $189,950  + $7,387 8 10
K08 - N Side w/in City Limits 44 $5,007,188  $113,800  $104,750  - $321 17 30
K09 - Dntown S To Crosstown 60 $9,255,039  $154,251  $136,400  - $7,922 22 24
K10 - Edison/Washington Sq 84 $7,462,406  $88,838  $85,875  - $7,891 29 42
K11 - North To G Ave Parchment 96 $14,279,252  $148,742  $145,000  + $3,811 10 15
K12 - East to Twp Line Eastwood 127 $15,389,233  $121,175  $123,600  + $2,974 12 14
K13 - Comstock & Charleston 188 $43,255,003  $230,080  $210,000  + $4,252 18 28
K15 - Richland & Ross Twp 173 $56,872,382  $328,742  $289,900  - $93 25 33
K16 - Pavillion & Climax Tw 72 $19,823,530  $275,327  $262,750  + $2,765 9 10
K19 - North Portage 384 $103,678,215  $269,995  $244,000  + $3,060 13 19
K20 - South Portage 250 $81,175,713  $324,703  $294,500  + $203 22 31
K21 - Schoolcraft & Prairie Ronde Twp 166 $46,025,653  $277,263  $247,672  + $787 13 15
K22 - Oshtemo Twp 200 $63,044,936  $315,225  $285,000  + $983 19 24
K23 - Alamo & Cooper Twp 146 $35,255,495  $241,476  $226,000  + $3,223 11 11
K24 - Gull Lake 18 $19,101,500  $1,061,194  $832,500  - $46,406 36 198
K25 - Texas Township 239 $106,181,537  $444,274  $398,000  - $3,055 24 38
K27 - Wakeshma Twp 5 $1,104,500  $220,900  $189,500  + $540 32 32
K29 - Brady Twp 30 $9,544,308  $318,144  $219,950  - $3,399 19 23
K30 - Orangeville Twp 25 $6,964,800  $278,592  $255,000  + $4,020 10 10
K31 - Hope Twp 43 $11,047,596  $256,921  $225,000  - $1,820 30 31
K32 - Baltimore&Johnstown 39 $9,125,555  $233,989  $211,000  - $3,108 18 44
K33 - Prairieville Twp 38 $11,817,550  $310,988  $282,500  - $1,793 23 23
K34 - Barry Twp 35 $9,190,900  $262,597  $240,000  + $2,069 22 31
K53 - Trowbridge Twp 20 $4,478,900  $223,945  $245,000  + $6,015 15 15
K54 - Otsego Twp 111 $24,026,329  $216,453  $210,269  + $4,905 8 10
K55 - Gun Plain Twp 86 $18,935,875  $220,185  $212,750  + $4,472 10 14
K56 - Lake Doster 17 $5,905,000  $347,353  $350,000  - $4,495 16 16
K59 - Allegan Twp 110 $22,790,578  $207,187  $191,500  + $5,866 12 13
K60 - Watson Twp 12 $3,416,425  $284,702  $227,088  + $6,229 28 28
K61 - Martin Township 14 $3,117,846  $222,703  $185,000  + $12,468 5 5
K80 - Bloomingdale & Pine Grove 73 $14,870,630  $203,707  $184,900  + $2,437 20 21
K81 - Waverly & Almena Twp 74 $21,153,654  $285,860  $247,800  + $4,410 12 13
K85 - Paw Paw Twp Except V 35 $10,336,534  $295,330  $249,500  - $20,126 32 42
K86 - Antwerp Twp 154 $40,653,699  $263,985  $251,250  + $999 22 23
K87 - Porter Twp 13 $3,766,400  $289,723  $288,500  + $5,292 10 10
K88 - Village of Paw Paw 34 $6,056,427  $178,130  $170,000  - $2,508 17 20
K89 - Decatur Twp 33 $4,640,400  $140,618  $142,500  - $2,864 24 34

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*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2021 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

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