Again, the Saugatuck / Douglas market continues to outperform the rest of our Lakeshore communities with another solid increase in average sale price. The Holland and Grand Haven / Spring Lake markets remain very consistent with the number of sales and active listings, with just a slight dip in average sale price. As predicted, the market does seem to be leveling off a bit, and could create more opportunities for buyers in the coming months.
If you have questions about specific markets and want a little more detail, feel free to reach out to one of us and we'd be happy to dig in further.
If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our monthly market update showcases everything you need to know about local real estate trends over the last month broken down by area.
August Market Update for Saugatuck / Douglas
20
New Listings
26
Active Listings
16
Under Contract
15
Closed Sales
Homes Sold an Average of
27%
Higher YOY
$662,933
Average Sales Price
1.73
Months of Supply
17
Average Days on Market
$429
Sold Price per Square Foot
August Market Update for Holland
143
New Listings
144
Active Listings
141
Under Contract
118
Closed Sales
Homes Sold an Average of
5%
Lower YOY
$338,863
Average Sales Price
1.22
Months of Supply
9
Average Days on Market
$226
Sold Price per Square Foot
August Market Update for Grand Haven / Spring Lake
99
New Listings
159
Active Listings
84
Under Contract
75
Closed Sales
Homes Sold an Average of
4%
Lower YOY
$358,174
Average Sales Price
2.12
Month of Supply
21
Average Days on Market
$239
Sold Price per Square Foot
Curious about how your home's value has changed?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.