ST. JOSEPH, MI ? ?January was a record setting month in many ways for Southwestern Michigan. When comparing the numbers back to the peak year of 2006, our current market seems to be very robust,? stated Gary Walter, EVP, of the Southwestern Michigan Association of REALTORS?, Inc.
??In spite of the historically low inventory of homes to sell, the number of houses sold increased 30 percent over January 2015 (187 vs. 144). Looking at sales in the month of January going back to 2006, January 2016 had the second highest number of houses sold. In January 2006, 206 houses were sold,? said Walter.
Read more: January 2016, Record Setting January SWMI Housing Market
ST. JOSEPH, MI ? ?The housing market in November held almost even in the number of houses sold last year, but selling prices sizzled. In November 2015, 222 houses were sold compared to 224 in November 2014. The average selling price for the month was up 27 percent and the median selling price was up 18 percent raising the total dollar volume for the month up 26 percent over November 2014,? stated Gary Walter, EVP, of the Southwestern Michigan Association of REALTORS?, Inc.
Read more: November 2015, SWMI Housing Market Selling Prices Up-Sales Surpass all 2014