SWM Home Sales In November Steady, Prices Up

southwestmichiganassociationofrealtors

The housing market in southwest Michigan continues to improve, with the latest numbers from the Southwest Michigan Association of Realtors showing the number of units sold this November matched the previous year’s November, while prices jumped. For November of 2015, 222 homes sold in the region, compared to 224 in 2014. However, the average selling price went up 27 percent, while the median price was up 18 percent. The Southwest Michigan Association of Realtors adds that the total dollar volume was up 26 percent this November over last year. The association says the total number of houses sold in 2015 through November has already exceeded all of 2014, 3,050 to 3,005.