is the market study for Allegan, Michigan which is the county seat of Allegan County in Southwestern Michigan. This study includes the townships of Otsego, Allegan, Trowbridge, and Wayland.
This is beautiful country with easy access to Grand Rapids, Holland, Kalamazoo, and Allegan. Ten acre parcels of land can be obtained for about $60,000. Very affordable country living is available as a primary home or a get away with easy access from 131.
In 2007 - 246 single family homes sold with 26% of them on the market for over 120 days. Total dollars for all the homes was $27,000,000. Average price was $109,429.
In 2006 - 259 single family homes sold with 28% of them on the market for over 120 days. Total dollars for all the homes was $30,000,000. Average price was $107,000
Number of sales was down 5%. Total dollars spend was down by 10%. Average price was up by 2.27% Sellers continue to receive about 96% of their asking price.
You can get a lot for your money in this area. You would also have access to the beach of Lake Michigan in South Haven or Saugatuck about half an hour from your home. Homes like this one are available with almost 40 acres. For more market information visit mysaugatuck.com.