In November 2017, the number houses sold in Cass County overall including waterfront and non-waterfront houses was up 20 percent (71 vs. 59). Year-to-date overall sales were up 4 percent (659 vs.631).
The number of waterfront homes sold in November 2017 at 26 was up 117 percent over the 12 houses sold in November 2016.
Non-waterfront home sales were down by 2 houses in November 2017 when compared to November 2016 (45 vs. 47). Year-to-date, non-waterfront home sales were down by 1 percent (458 vs. 464).
In November, the average selling price in Cass County for all homes soared 32 percent to $192,106 from $145,277 in November 2016. The median selling price for all homes increased 19 percent to $142,500 from $119,500 in 2016.
Read more: November 2017, The Housing Market in Cass County & SWMI
The SWMI housing market for all eleven months of 2017 has continued to surpass nearly all records set in 2016. November 2017 was slightly higher in the number of houses sold, total dollar volume, and average selling price than November 2016. The median selling price, however, soared 17 percent higher than in November 2016. The year-to-date numbers in 2017 were solidly ahead of 2016 which became the new peak year in our year-over-year comparison back to 2006.
Read more: November 2017, The Housing Market in Southwestern Michigan