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Press Room

May 2019, The Housing Market in Southwestern Michigan

The peak season for the housing market is off to a good start. In April we saw a 27 percent increase over March in the number of houses sold and in May we had a 22 percent increase over April. The total dollar volume in May and year-to-date, and the average and median selling prices in May and year-to-date all set new records in the year-over-year comparison from 2006. The number of homes sold in May set a new record, but the year-to-date number of houses sold fell short by just four houses from the record 1,306 sold in 2017.

Comparing May 2019 to May 2018, the number of houses sold increased 10 percent (361 vs. 328). Year-to-date, the number of houses sold was up 6 percent (1,302 vs. 1,228).

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

SWMI REALTORS Association Awarded Placemaking Grant to South Haven Project to Provide ADA Swings in City Parks

The Southwestern Michigan Association of Realtors® and the Michigan Association of Realtors® provided $2,602 Placemaking Grant to help make the City of South Haven a better place to live and work by transforming an unused space into a vibrant place for the community to gather and enjoy.

The grant is intended to help Realtor Associations partner with others to plan, organize, implement, and maintain Lighter, Quicker, Cheaper Placemaking projects in their communities.

Read more: SWMI REALTORS Association Awarded Placemaking Grant to South Haven Project to Provide ADA Swings...

April 2019, The Housing Market in Cass County & SWMI

Overall home sales in April nearly doubled what was sold in March (57 vs. 31) but were down 10 percent from April 2018 (57 vs. 63). Sales of waterfront houses dropped 44 percent (9 vs 16). Non-waterfront home sales increased by one house in April 2019 (48 vs. 47).

Year-to-date, overall housing sales in April 2019 were 153 versus 171 in April 2018. Waterfront home sales fell 50 percent in April 2019 (21 vs. 42), Non-waterfront housing sales were up by 3 houses (132 vs. 129).

The overall average selling price rose 6 percent to $ 191,768 vs. $180,161 in April 2018. The overall median selling price in April increased to $160,000 from the $148,900 in April 2018 for 8 percent climb.

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

April 2019, SWMI Housing Market - Set New Records For Sales & Prices

“The housing market in April stepped up nicely from the slow start during the first quarter. April leaped 27 percent in house sales from March (297 vs. 234). At 297 houses sold last month, this April set a new record for sales in the year-over-year comparison dating back to 2006 and was up 7 percent over April 2018 when 278 houses were sold. Year-to-date, the number of houses sold was up 5 percent (941 vs. 900),” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc.

Read more: April 2019, SWMI Housing Market - Set New Records For Sales & Prices

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

In April, the number of single family home sales in the South Haven zip code 49090 was up 28 percent (23 vs. 18) while the average selling price jumped 42 percent from April 2018 ($316,218 vs. $223,397). Year-to-date, single family house sales were up 40 percent (70 vs. 50).

The median selling price for single family houses increased 24 percent to $225,000 compared to $181,750 in April 2018.

Condo sales increased by 1 condo in April 2019 (4 vs. 3). Year-to-date, condo sales were down by 3 condos (9 vs. 12).

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