In November, the number of single family home sales in the South Haven zip code 49090 jumped 47percent when compared to November 2015 (22 vs. 15). Year-to-date, the number of houses sold was up 18 percent over last year (210 vs. 178).
Read more: November 2016, South Haven Housing Market
In November, the housing market activity continued to break records in monthly and year-to-date numbers and prices. When comparing numbers on a monthly and year-to-date basis, we have looked back to 2006 as our peak year. In 2008 through 2010, we saw numbers and prices decline. From 2011 until now the market has slowly rebuilt itself. If the market continues to surge through December, we may need to realign our trend watch to set 2016 as the new peak year.
At the end of November we were just six houses shy of the number of houses sold in all of 2015 (3296 vs. 3302). This narrow gap was an 8 percent gain over the year-to-date standing in November 2015 (3296 vs. 3050). In November 2016, there were 289 houses sold compared to 222 houses sold in November 2015 for a 30 percent increase. Looking at the number of houses sold in the year-to-year comparison for the month of November and year-to-date, both numbers set new records.
Read more: November, 2016 - The Housing Market in Southwestern Michigan