Jaqua Quarterly Real Estate Update First Quarter 2020

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Southwest Michigan

REAL REALESTATE ESTATE

Market Market Report Report January 1-March 31 April 2017


Southwest Michigan

Market Report Summary January 1 - March 31


Inventory

(Homes for Sale March 31st)

2019

2020

716

694

348

257

1,308

930

Average Days on the Market


Kalamazoo

Market Report Sales Summary January 1 - March 31


Kalamazoo

Sales Volume by Price Range January 1 - March 31

2019

2020


Kalamazoo

Sales Volume by School District January 1 - March 31

2019

$50,000,000

2020

$45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 Comstock

Gull Lake

Kazoo

Mattawan

Otsego

Parchment

Paw Paw

Plainwell

Portage

Vicksburg

Comstock Gull Lake

36.46% 18.97%

Kazoo

(4.94%)

Mattawan

(31.91%)

Otsego

23.20%

Parchment

40.76%

Paw Paw

0.06%

Plainwell

(11.73%)

Portage

17.24%

Vicksburg

1.93%


Battle Creek

Market Report Sales Summary January 1 - March 31


Battle Creek

Sales Volume by Price Range January 1 - March 31

$20,000,000 2019

$15,000,000

$10,000,000

$5,000,000

$0 0-99

100-199

200-299

300-399

400+

2020


Battle Creek

Sales Volume by School District January 1 - March 31 $12,000,000 2019

$10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 Battle Creek

Climax

Harper Creek

Lakeview

Marshall

Pennfield

2020


Lakeshore

Market Report Sales Summary January 1 - March 31


Lakeshore

Sales Volume by Price Range January 1 - March 31 $35,000,000

$30,000,000 2019

$25,000,000 $20,000,000

$15,000,000 $10,000,000 $5,000,000

$0 0-99

100-199

200-299

300-399

400-499

500-749

750-999

1000+

2020


Lakeshore

Sales Volume by School District January 1 - March 31

2019

$35,000,000

2020

(38.01%)

$30,000,000

(3.30%)

$25,000,000

14.53% (44.10%)

$20,000,000

21.35% 74.18%

$15,000,000

2.67%

$10,000,000

156.54% 19.22%

$5,000,000

44.62%

$0 S1-3 S20-22 S30-31 St S40-42 S50-51 Berr S60-66 S70 Benton S80-89 Edw S90-99 S10-13 Bridgman to Buchanan to Joseph & Coloma & Springs, Eau Dowagiac & Harbor to Cassopolis South Hartford, New Buff Niles Lakeshore Watervliet Claire Marcellus Haven, Lawrence Bangor, Cov


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