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November 2018, The Housing Market in Cass County & SWMI

In November, the Cass County overall housing market dropped 27 percent when compared to November 2017 (52 vs. 71). The number of waterfront sales fell 54 percent (12 vs. 26). Non-waterfront home sales were down by five houses (40 vs. 45).

Year-to-date, overall home sales were down 4 percent (630 vs. 659). Waterfront home sales, year-to-date, were down by 8 percent (185 vs. 201). Non-waterfront home sales, year-to-date, were down by 3 percent (445 vs. 458).

Read more: November 2018, The Housing Market in Cass County & SWMI

November 2018, The Housing Market in South Haven 49090 & SWMI

In November, the number of single family home sales in the South Haven zip code 49090 dropped 33 percent to November 2017 (16 vs. 24). Year-to-date in 2018, single family home sales were down 21 percent (195 vs 248).

The average selling price for single family houses in November jumped 106 percent to $438,275 from $212,991 in November 2017. The median selling price for single family houses was up 64 percent from November 2017 ($293,200 vs. $179,000).

Read more: November 2018, The Housing Market in South Haven 49090 & SWMI

October 2018, Existing Home Sales Drop 8% While Prices Continue to Increase in 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 were the highest in the year-over-year comparison since 2006,” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc.

“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),” said Jeffries.

Read more: October 2018, Existing Home Sales Drop 8% While Prices Continue to Increase in SWMI

November 2018, The Housing Market in Southwestern Michigan

Ole Man Winter put a chill on the housing sales in SWMI with an 18 percent drop in sales from October 2018 (266 vs. 324) and a 10 percent drop from November 2017 (266 vs. 295). From the end of October to the end of November 2018, the number of houses on the market dropped by 198 houses. Comparing inventory levels at the end of November, there was a 4 percent decrease from a year ago. (1539 vs. 1601).

Read more: November 2018, The Housing Market in Southwestern Michigan

October 2018, The Housing Market in Cass County & SWMI

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