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.