Southwest Michigan’s housing market in January started the year off with higher sales and lower prices when compared to January 2019. At the end of February, the opposite happened. The number of house sales dropped significantly, and selling prices set new record prices when compared to February 2019.
Read more: February 2020, The Housing Market in Southwestern Michigan
In January, the South Haven zip code 49090 started off 2020 with a 70 percent increase in the number of single family home sales from January 2019 (17 vs. 10).
The average selling price for single family houses in January 2020 jumped 13 percent to $356,604 from $316,790 in January 2019. The median selling price for single family houses decreased 3 percent to $240,000 compared to $246,950 in January 2019.
Read more: January 2020, The Housing Market in South Haven 49090 and SWMI