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Press Room

February 2017, Housing Market in Cass County & SWMI

Overall home sales decreased 8 percent from 37 home sales in February 2016 to 34 in February 2017.

The number of waterfront homes stayed the same at 6 homes for February 2016 and 2017. Non-waterfront home sales fell 10 percent in February 2017 (28 vs. 31).

In February, the average selling price in Cass County for all homes decreased 9 percent to $123,414 from $135,686 in February 2016. The median selling price for all homes in February dropped 18 percent to $87,500 from $106,250 in 2016.

Read more: February 2017, Housing Market in Cass County & SWMI

February 2017, Housing Market in South Haven 49090 and SWMI

In February, the number of single family home sales in the South Haven zip code 49090 decreased 23 percent when compared to February 2016 (10 vs. 13). Year-to-date, the number of single family houses sold was up 9 percent (25 vs. 23).

The average selling price for single family houses in February rose 106 percent to $346,710 from $168,470 in February 2016. Year-to-date, the average selling price was up 127 percent ($382,860 vs. $168,740).

The median selling price for single family houses jumped 114 percent to $237,200 compared to $110,720 in January 2016. Year-to-date, the median selling price was up 47 percent ($179,500 vs. $122,000).

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

January, 2017-January SWMI Housing Market Sets New Record

“Buyers have not been deterred by the shrinking inventory of homes for sale in Southwestern Michigan. Last year, the housing market set records for home sales and selling prices nearly every month. In our year-over-year comparison, 2016 became the new peak year for the local housing market.

It was a long road back from 2006, the previous peak year. January 2017 continued the record shattering trend.

Read more: January, 2017-January SWMI Housing Market Sets New Record

The Housing Market in Southwestern Michigan, February 2017

The housing market in January 2017 continued the record setting pace that the housing market experienced in 2016. The housing market in February failed to set any records in the year-over-year comparison for sales, total dollar volume, and selling prices. However, January sales, total dollar volume, and selling prices managed to keep year-to-date numbers up as much as 11 percent over 2016.

Read more: The Housing Market in Southwestern Michigan, February 2017

January 2017, Housing Market in South Haven 49090 and SWMI

In January, the number of single family home sales in the South Haven zip code 49090 increased 50 percent when compared to January 2016 (18 vs. 12).

The average selling price for single family houses in January soared 124 percent to $365,406 from $162,992 in January 2016. The median selling price for single family houses increased 9 percent to $149,900 compared to $137,500 in January 2016.

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