“As the housing market rolls into peak season, buyers experienced a small reprieve in selling prices. The average selling price in June increased only ½ percent from May 2017 ($225,091 vs. $224,204). Comparing June 2017 to June 2016, the average selling price only increased $1220 or again ½ percent ($225,091 vs. $223,871),” stated Alan Jeffries, Association Executive, Southwestern Michigan Association of REALTORS®, Inc.
Read more: June 2017, SWMI Housing Market Sales Up-Seilling Prices Stable
The number of single family home sold in the South Haven zip code 49090 during June increased 35 percent over June 2016 (31 vs.23). Year-to-date, the number of single family houses sold was up 24 percent (119 vs.96).
The average selling price for single family houses in June fell 21 percent to $250,526 from $ 319,017 in June 2016. Year-to-date, the average selling price was up 5 percent ($282,967 vs. $ 270,041).
Read more: June 2017, The Housing Market in South Haven 49090 and SWMI