In October, the Cass overall housing market varied by one house when compared to October 2017 (63 vs. 62). The number of waterfront sales was the same at 17 houses and non-waterfront home sales increased by one house (46 vs. 45).
Year-to-date, overall home sales were down 2 percent (578 vs. 588). Waterfront home sales, year-to-date, were down by 2 houses (173 vs. 175). Non-waterfront home sales, year-to-date, were down by 8 houses (405 vs. 413).
Read more: October 2018, The Housing Market in Cass County & SWMI
The dwindling inventory of houses for sale continued to raise the selling prices in SWMI to record levels in October 2018 and year-to-date. The year-to-date, total dollar volume also was the highest in the year-over-year comparison since 2006.
The number of houses sold in October 2018 was down 8 percent from October 2017 (324 vs. 354). Year-to-date, the number of houses sold was down 4 percent (3,056 vs. 3,167).
Read more: October 2018, The Housing Market in Southwestern Michigan