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Press Room

June 2017, SWMI Housing Market Sales Up-Seilling Prices Stable

“As the housing market rolls into peak season, buyers experienced a small reprieve in selling prices. The average selling price in June increased only ½ percent from May 2017 ($225,091 vs. $224,204). Comparing June 2017 to June 2016, the average selling price only increased $1220 or again ½ percent ($225,091 vs. $223,871),” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc.

Read more: June 2017, SWMI Housing Market Sales Up-Seilling Prices Stable

June 2017, The Housing Market in South Haven 49090 and SWMI

The number of single family home sold in the South Haven zip code 49090 during June increased 35 percent over June 2016 (31 vs.23). Year-to-date, the number of single family houses sold was up 24 percent (119 vs.96).

The average selling price for single family houses in June fell 21 percent to $250,526 from $ 319,017 in June 2016. Year-to-date, the average selling price was up 5 percent ($282,967 vs. $ 270,041).

Read more: June 2017, The Housing Market in South Haven 49090 and SWMI

May 2017, SWMI Housing Market Sales Down-Selling Prices Up

While the housing market in April shattered all records, May missed one. The number of houses sold in May was down 4 percent from May 2016. Which boils down to sixteen fewer homes were sold. The smaller sales volume still resulted in records for total dollar volume and average and median selling prices in May in our comparison going back to 2006,” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc.

Read more: May 2017, SWMI Housing Market Sales Down-Selling Prices Up