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    Monthly Market Update

    Inventory in West Michigan Real Estate continues to be extremely low as buyer demand continues to remain very high.  However,...

    • Kersh Ruhl
    • April 16th, 2022
    • 2 min read

     

     

    Inventory in West Michigan Real Estate continues to be extremely low as buyer demand continues to remain very high.  However, we did see one market actually lower vs March of last year!

    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. 

    March Market Update for Saugatuck / Douglas

    16

    New Listings

    27

    Active Listings

    7

    Under Contract

    12

    Closed Sales

     

    Homes Sold and Average of

    23%

    Higher YOY

     

    $604,093

    Average Sales Price

    1.42

    Months of Supply

    47

    Average Days on Market

    $381

    Sold Price per Square Foot

    March Market Update for Holland

    104

    New Listings

    138

    Active Listings

    92

    Under Contract

    52

    Closed Sales

     

    Homes Sold and Average of

    8%

    Lower YOY

     

    $340,103

    Average Sales Price

    .87

    Months of Supply

    16

    Average Days on Market

    $224

    Sold Price per Square Foot

     March Market Update for Grand Haven / Spring Lake 

    74

    New Listings

    115

    Active Listings

    63

    Under Contract

    43

    Closed Sales

     

    Homes Sold and Average of

    1%

    Higher YOY

     

    $416,721 

    Average Sales Price

    1

    Month of Supply

    15

    Average Days on Market

    $224

    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.

    Get Your Report

    Author Photo
    About the author

    Kersh Ruhl

    616.212.8418
    As a top producing agent, Kersh's real estate success can be attributed to his unparalleled service, incomparable business savvy, and proven sales history. Kersh's aspiration for extraordinary marketing pieces to complement his clients' discerning taste has led him home to Coldwell Banker and Global Luxury. Kersh's interest in real estate began in sunny Santa Barbara, California, where the sophistication of international architecture and tranquil beach neighborhoods blend together perfectly along the coast. His love of coastal communities has led him to the Gold Coast of West Michigan, where his affinity for the good life can be found. A strong desire for exemplary customer service began with Kersh's training at the Four Seasons Biltmore, where Kersh learned the importance of understated elegance. He applies that knowledge and experience to his business model, and believes that personalized service coupled with an impeccable eye for detail result in an experience to his clients that is like none other. It is Kersh's goal to build upon his relationships, and earn the trust and continued commitment of his clients. His comprehensive approach to every aspect of the real estate transaction affords his clients the ability to feel secure throughout the process. It is Kersh's unique perspective on the real estate market that has attributed to his remarkable achievements throughout the years.

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