Home sales in southwest Michigan slowed down in November. The Southwest Michigan Association of Realtors says the number of houses sold dropped 7% from November
Home sales in southwest Michigan slowed down in November. The Southwest Michigan Association of Realtors says the number of houses sold dropped 7% from November
Home sales in southwest Michigan slowed down in November. The Southwest Michigan Association of Realtors says the number of houses sold dropped 7% from November
Home sales in southwest Michigan slowed down in November. The Southwest Michigan Association of Realtors says the number of houses sold dropped 7% from November
By MoodyOnTheMarket.com | Posted July 13, 2021 |
The residential real estate boom in Southwest Michigan continues, with very little sign of slowing down. Record selling prices and dollar volume of sales continued to increase in June. And there was a staggering 70 per cent increase in the Year To Date Median Sale Price of a home. That means half the buyers in June paid more than $320,000 for their new residence, compared to a median price YTD of $188,000 in 2020, at the height of the pandemic.
Southwest Michigan home shoppers in June found average home prices of $331,000 versus $300,000 a year ago up ten percent in a year. And they signed on the dotted line or more likely on an electronic device to purchase 349 homes last month, compared to 318 in June 2020. These numbers comprise the three and a half county area covered by the Southwest Michigan Association of Realtors: Berrien, Allegan, Cass and Western Van Buren counties.