269.983.6375info@swmar.org

Press Room

The Housing Market in Southwestern Michigan, December 2015

The Housing Market in Southwestern Michigan, December 2015 | General Press Releases

The housing market in December certainly saw no freeze in the overall process. The number of houses sold, total dollar volume, and selling prices were up double digits over December 2014. All of 2015 showed a nice increase over 2014 making buyers and sellers happy. If there is a negative, it is the low housing inventory which continued to decline though out 2015.

 

Read more: The Housing Market in Southwestern Michigan, December 2015

Housing Market in Southwestern Michigan, November 2015

Housing Market in Southwestern Michigan, November 2015 | General Press Releases

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.

Read more: Housing Market in Southwestern Michigan, November 2015

March 2015, SWMAR Housing Market Pushes First Quarter Results Above 2014

ST. JOSEPH, MI ? "The housing market in March came on with a full head of steam to help raise the first quarter results significantly above last year. Of the 559 houses sold in the first quarter, March, at 245 houses, was 43 percent of the total. The number of houses sold in the first quarter was up 9 percent above the first quarter of 2014," stated Gary Walter, EVP, of the Southwestern Michigan Association of REALTORS?, Inc.

Read More

Read more: March 2015, SWMAR Housing Market Pushes First Quarter Results Above 2014

February 2015, SWMI February Housing Sales Up Despite the Weather, Median Selling Price Up 20%

ST. JOSEPH, MI ? "Ruthless weather in the first two months of the year can play havoc with housing sales. Last year, January sales were higher than February and this year it was the opposite. February housing sales were up 18 percent (170 vs 144) over January. Compared to February 2014, this year February housing sales were up 12 percent (170 vs. 152). Combine the two months, year-to-date we sold just 2 fewer houses this year versus last year," stated Gary Walter, EVP, of the Southwestern Michigan Association of REALTORS?, Inc.

Read More

Read more: February 2015, SWMI February Housing Sales Up Despite the Weather, Median Selling Price Up 20%