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    Monthly Market Update

    A mixed bag of statistics along the lakeshore!  The Saugatuck Douglas area decreased an incredible 54% vs May of 2021,...

    • Kersh Ruhl
    • June 7th, 2022
    • 2 min read

     

     

    A mixed bag of statistics along the lakeshore!  The Saugatuck Douglas area decreased an incredible 54% vs May of 2021, but that was due in large part to only 11 sales in 2021, and one of those a $5.6mm property.  Holland continues to be a white hot market with only 15 days of inventory, and prices continuing to increase.

    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. 

    May Market Update for Saugatuck / Douglas

    25

    New Listings

    21

    Active Listings

    14

    Under Contract

    18

    Closed Sales

     

    Homes Sold an Average of

    54%

    Lower YOY

     

    $466,989 

    Average Sales Price

    1.17

    Months of Supply

    31

    Average Days on Market

    $372

    Sold Price per Square Foot

    May Market Update for Holland

    144

    New Listings

    60

    Active Listings

    135

    Under Contract

    112

    Closed Sales

     

    Homes Sold an Average of

    33%

    Higher YOY

     

    $460,689 

    Average Sales Price

    .54

    Months of Supply

    11

    Average Days on Market

    $249

    Sold Price per Square Foot

     May Market Update for Grand Haven / Spring Lake 

    110

    New Listings

    76

    Active Listings

    72

    Under Contract

    73

    Closed Sales

     

    Homes Sold an Average of

    2%

    Higher YOY

     

    $429,674

    Average Sales Price

    1.04

    Month of Supply

    30

    Average Days on Market

    $275

    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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