Real estate home sales statistics along the
West Michigan Shoreline communities South of Grand Haven to
Holland and Saugatuck for the first 3 months of 2008 compared to 2009.
In 2008 there were 161 homes sold with an average sale price of $216,848, compared to 2009 when there were 138 homes sold with an average of $155,186, representing a 14% drop in volume, and a 29% drop in average price. Average days on the market in 2008 for this reporting area was 157, and sellers got an average of 94.85% of their listing price, and 90% of their ORIGINAL listing price, meaning the price it originally went on the market; in 2009 those numbers were 133 days on the market, with sellers getting 90.05% of list price, and 81% of ORIGINAL list price. Average price per square foot for these 161 West Michigan homes was $125.61 in 2008, and $94.97 in 2009. In 2008 the high, low, and median prices were high-$2,950,000, low-$28,000, and median-$129,300; 2009's
West Michigan real estate sales numbers were, high-$2,250,000, low-$17,000, and the median-$87,500.
Broken down by month, the sale look like this:
January 2008-54 / 2009-28
February 2008-52 / 2009-50
March 2008-55 / 2009-60
Looks pretty bad out there, but if you look at the most recent month, things seem to be picking up ever so slightly.