“The exact same number of houses, 367, was sold in June 2019 as in June 2018. In the previous two months, (April and May), sales of homes were increasing by over 20 percent each month. June sales only increased 2 percent or 6 houses over sales in May. Houses sold in June 2019 had an average selling price of 14 percent higher than those sold in June 2018,” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc.
Read more: June 2019, SWMI Housing Market - Sales Slowed Down, Prices Jump 14%
In June, the number of single-family home sales in the South Haven zip code 49090 was 26 percent when compared to June 2018 (24 vs. 19). Year-to-date, single-family house sales were up 29 percent (115 vs. 89).
The average selling price for single-family houses fell 29 percent from June 2018 ($262,672 vs. $370,318). The median selling price for single-family houses decreased 16 percent to $242,343 compared to $288,500 in June 2018.
Condo sales plummeted 57 percent in June 2019 (3 vs. 7). Year-to-date, condo sales were down by five condos (18 vs. 23).
Read more: June 2019, The Housing Market in South Haven 49090 and SWMI