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Press Room

September 2017, The Housing Market in Southwestern Michigan

The SWMI housing market for the past nine months has surpassed the record numbers set in 2016. Historically, 2006 had been the peak year for the local housing market. It took ten years for the market to rebuild economically to the point where 2016 became the new peak year. Now, in 2017 the dwindling inventory of houses for sale could help to set a new benchmark year.

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

August 2017, The Housing Market in South Haven 49090 and SWMI

Single family homes sold in the South Haven zip code 49090 during August 2017 rose 50 percent from August 2016 (24 vs. 16). Year-to-date, the number of single family houses sold was up 23 percent (169 vs.137).

The average selling price for single family houses in August slipped by 1 percent to $215,346 from $217,919 in August 2016. Year-to-date, the average selling price was down18 percent ($258,674 vs. $263,364).

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