Market Study for Allegan, Michigan and surrounding area

By
Real Estate Agent with Dorothy Hanson, Broker

Here

119th Street courtesy of Dee Dee Hanson, CB Woodland Schmidt, Saugatuck, Michigan

 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.  119th home courtesy of Dee Dee Hanson, CB Woodland Schmidt, Saugatuck, MiHomes like this one are available with almost 40 acres.  For more market information visit mysaugatuck.com.

Comments (2)

ActiveRain City and State Listing Group
Christiansted, VI

Dee Dee

Your prices are very reasonable it appears.

Those prices are what we saw here ten years ago. Gads!!

How much for the house on 40 acres?

Jan 10, 2008 08:44 AM
* Rate A Home
Rate A Home - Saugatuck, MI

Dee Dee, excellent information on the area.

Let me know how your looking for coffee one of these days,

Duane

Jan 11, 2008 02:48 AM