As we navigate this complex market, keeping an eye on trends is paramount. In Holland in June, for example, average list prices dropped 16%, while the average sale price increased a moderate 12% year over, closing the disparity between asking price and closing price. Sellers may be getting more realistic about pricing, as new inventory increased 40% in June of 2022 vs June of 2021 in Holland.
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.
June Market Update for Saugatuck / Douglas
21
New Listings
29
Active Listings
13
Under Contract
16
Closed Sales
Homes Sold an Average of
63%
Higher YOY
$799,119
Average Sales Price
2.1
Months of Supply
11
Average Days on Market
$442
Sold Price per Square Foot
June Market Update for Holland
193
New Listings
95
Active Listings
142
Under Contract
120
Closed Sales
Homes Sold an Average of
12%
Higher YOY
$408,159
Average Sales Price
.95
Months of Supply
12
Average Days on Market
$246
Sold Price per Square Foot
June Market Update for Grand Haven / Spring Lake
117
New Listings
111
Active Listings
81
Under Contract
67
Closed Sales
Homes Sold an Average of
26%
Higher YOY
$475,471
Average Sales Price
1.72
Month of Supply
12
Average Days on Market
$279
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.