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September 2019, SWMI Housing Market - Sales Slipped 3% / Inventory Dropped 4%

“Home sales in September dropped 12 percent from August sales (348 vs. 397). When compared to September 2018, the number of houses sold slipped 3 percent to 348 from 360 houses. This was the lowest number of homes sold in the month of September since 2015.” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc. 

Read more: September 2019, SWMI Housing Market - Sales Slipped 3% / Inventory Dropped 4%

September 2019, The Housing Market in Cass County & SWMI

Overall home sales in September were down by 5 houses from September 2018 (57 vs. 62) as a result of fewer waterfront home sales (16 vs. 21). Non-waterfront home sales stayed even with September 2018 (41 vs. 41). 

Year-to-date, overall housing sales in Cass County were down 8 percent (473 vs.515). Waterfront home sales, year-to-date, were down 20 percent (125 vs.156). Non-waterfront housing sales, year-to-date, were down 3 percent (348 vs.359). 

Read more: September 2019, The Housing Market in Cass County & SWMI

September 2019, The Housing Market in Southwestern Michigan

Home sales in September dropped 12 percent from August sales (348 vs. 397). When compared to September 2018, the number of houses sold slipped 3 percent to 348 from 360 houses. This was the lowest number of homes sold in the month of September since 2015. 

Year-to-date sales varied by 1 house at the end of September 2019 versus September 2018 (2731 vs. 2732). Both year-to-date sales fall short of the peak year sales in September 2017 of 2,813. 

Read more: September 2019, The Housing Market in Southwestern Michigan

September 2019, The Housing Market in South Haven 49090 and SWMI

In September, the number of single-family home sales in the South Haven zip code 49090 soared 48 percent from September 2018 sales (31 vs. 21). Year-to-date, single-family house sales were up 12 percent (184 vs. 163). 

The average selling price increased by 13 percent ($336,127 vs. $296,790). The median selling price for single-family houses was up 12 percent ($262,500 vs. $ 250,000). 

Read more: September 2019, The Housing Market in South Haven 49090 and SWMI

August 2019, The Housing Market in Cass County & SWMI

Overall home sales in August were up by 3 houses over August 2018 (75 vs. 72). Sales of waterfront houses dropped by 1 house (27 vs. 28). Non-waterfront home sales increased by 4 houses from August 2018 (48 vs. 44). 

Year-to-date, overall housing sales in Cass County were down 8 percent (416 vs.453) as a result of fewer waterfront house sales. Waterfront home sales, year-to-date, were down 19 percent (109 vs.135). Non-waterfront housing sales, year-to-date, were down 3 percent (307 vs. 318). 

Read more: August 2019, The Housing Market in Cass County & SWMI