Thinking about buying or selling in West Michigan? Keeping up with the local market is key! Understanding trends like property values, inventory levels, and market time gives you the confidence to make informed decisions. These insights help you navigate pricing, competition, and overall value. Ready to take the next step? Let’s explore the details together!
Saugatuck / Douglas
- Average list price was up 1.13% in January of 2025 ($963,317) vs January of 2024 ($952,575).
- There were 7 sold listings in January of 2025 down 12% from the 8 sold in January of 2024; number of pending listings stayed the same with 6 in January of 2025 and 6 in January of 2024; and the number of new listings was up 11% with 10 in January of 2025 and 9 in January of 2024.
Holland
- Average list price was up 9.52% to $760,573, and average sale price was also up an impressive 62.92% to $587,379 in January 2025 vs January 2024.
- Number of sold listings was up 29% to 67, number of new listings was up 11% to 61 vs January of 2024 in Holland. Active listings were also up 3% to 189 from 183.
Grand Haven / Spring Lake
- Average list price was down 21.28% to $596,188 in January 2025 vs January 2024.
- Number of active listings in Spring Lake and Grand Haven was down 1% to 155 in January 2025 vs January 2024 and number of sold listings was up 13% to 43.
February is in full swing, and the real estate market is buzzing with activity despite the winter chill. Low inventory remains a challenge, with demand far exceeding the supply of available homes—creating strong competition among buyers. With fewer options, finding the right property requires strategy and swift action. For both buyers and sellers, having a solid game plan is key—whether it’s moving fast to secure a home or standing out to attract serious buyers. Despite the challenges, 2025 is full of exciting opportunities for those ready to make their move!
Saugatuck / Douglas
10
New Listings
36
Active Listings
6
Under Contract
7
Closed Sales
Average Sale Price
Increased
62.59%
Vs January 2024
$1,727,071
Average Sales Price
2.74
Months of Supply
83
Average Days on Market
$634.95
Average Price per Square Foot
Holland
61
New Listings
189
Active Listings
61
Under Contract
67
Closed Sales
Average Sale Price
Increased
62.92%
Vs January 2024
$587,379
Average Sales Price
1.44
Months of Supply
62
Average Days on Market
$294.82
Average Price per Square Foot
Grand Haven / Spring Lake
47
New Listings
155
Active Listings
39
Under Contract
43
Closed Sales
Average Sale Price
Decreased
4.70%
Vs January 2024
$440,826
Average Sales Price
1.78
Months of Supply
50
Average Days on Market
$292.68
Average Price per Square Foot
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