Southwest Michigan Market Information

Southwest Michigan September 2008 Market Statistics
October 24th, 2008 9:14 AM

Southwest Michigan

September 2008

Year-To-Date Market Statistics

(-/+ 2007 stats)

 

AREA

 

UNITS SOLD

 

DAYS ON MARKET

 

AVERAGE SALES PRICE

 

MEDIAN SALES PRICE

 

DOLLAR VOLUME

Benton Harbor

208

-20%

108

3%

$69,804

-17%

$55,000

-23%

$14,419,176

-33%

Bridgman to New Buffalo

201

-15%

189

4%

$416,158

0%

$300,000

-2%

$83,647,805

-15%

Coloma & Watervliet

135

-9%

126

-6%

$195,123

9%

$115,000

34%

$26,341,668

-1%

Berrien Springs & Eau Claire

85

-17%

117

-15%

$164,075

-6%

$134,500

-13%

$13,946,340

-22%

Galien to Niles

340

-24%

104

-5%

$97,794

-20%

$83.000

-17%

$33,249,950

-39%

St. Joseph & Lakeshore

413

-11%

137

13%

$211,299

-13%

$175,000

-8%

$87,266,524

-22%


Posted by Brenda Regan on October 24th, 2008 9:14 AMPost a Comment (0)

Existing-Home Sales Jump in September
October 30th, 2008 1:05 PM

Existing-Home Sales Jump in September


Sales of existing homes rose 5.5 percent in September to a seasonally adjusted annual rate of 5.18 million units from 4.91 million in August, National Association of Realtors (NAR) reported this morning. Sales were up 1.4 percent from the 5.11 million-unit pace in September 2007, marking the first year-over-year increase since November 2005. The national median sale price for existing homes was $191,600, a 9.0 percent decline from $210,500 a year ago.

Total housing inventory fell 1.6 percent in September to 4.27 million. This represents a 9.9-month supply of available existing homes, down from the 10.6-month supply in August.

Existing-home sales in the West, Midwest and South rose month-over-month by 16.8 percent, 4.4 percent and 2.2 percent, respectively, while sales in the Northeast fell 1.2 percent. Year-over-year sales increased in the West by 34.4 percent, but decreased in the Midwest, South and Northeast by 2.5 percent, 7.8 percent and 7.7 percent, respectively.

NAR chief economist Lawrence Yun says, “Compared to a fairly small share of foreclosures or short sales a year ago, distressed sales are currently 35 to 40 percent of transactions. These are pulling the median price down because many are being sold at discounted prices.” Fri, Oct 24, 2008


Posted by Brenda Regan on October 30th, 2008 1:05 PMPost a Comment (0)

Southwest MI Millage Rates
October 6th, 2008 10:39 AM

2007 MILLAGE RATES

(Information Gathered by Metropolitan Title Co.)

 

    School District                   Township/City              Total                     Total

(in alphabetical order)                                            Homestead         Non-Homstead  

 

Benton Harbor                       Bainbridge Twp         18.8605                 36.8605

                                              Benton Twp              31.2717                 49.2717

                                              Hagar Twp                20.0045                38.0045

                                              Pipestone Twp          19.4220                37.4220

                                              St. Joseph Twp         25.0611                43.0611

                                              Sodus Twp               21.9044                39.9044

                                              Benton Harbor City   42.0003                60.0003

                                              St. Joseph City          35.3687                53.3687

 

Berrien Springs                       Berrien Twp              19.2130               37.2130

                                              Oronoko Twp           23.8022               41.8022

                                              Royalton Twp           20.6194                38.6194

                                              BerrienSprings          37.6867                55.6867

 Bridgman                               Baroda Twp             23.0665               31.9425

                                              Lake Twp                 18.8521               27.7281

                                              Lincoln Twp              20.5351               29.4111

                                              Bridgman City           32.2633               41.1393

 

Coloma                                  Bainbridge Twp         18.3605               36.3605

                                              Benton Twp               30.7717              48.7717

                                              Coloma Twp              26.1107              44.1107

                                              Hagar Twp                19.5045               37.5045

                                              Watervliet Twp          25.4384               43.4384

                                              Coloma City              36.3424               54.3424     

 

 Covert                                   Coloma Twp            28.2313                46.2313

                                              Watervliet Twp         27.5590                45.5590

 

Dowagiac                               Bainbridge Twp        19.8799                37.8799

                                              Berrien Twp              20.2774                38.2774

                                              Pipestone Twp          20.4414                38.4414

 

Eau Claire                              Bainbridge Twp        21.3605                39.3605

                                              Berrien Twp             21.7580                39.7580

                                              Pipestone Twp         21.9220                 39.9220

                                              Sodus Twp              24.4044                 42.4044

                                              Eau Claire Vill Pipe. 37.2523                 55.2523

                                              Eau Claire Vill Berr. 37.0883                 55.0883

 

Galien                                    Bertrand Twp          21.6086                 39.6086

                                              Buchanan Twp        20.3527                 38.3527

                                              Galien Twp             22.6844                 40.6844

                                              Weesaw Twp         23.3518                 41.3518

                                              Galien Twp             30.9092                 48.9092

 

Lakeshore                              Baroda Twp           27.7636                 45.7636

                                              Lake Twp              23.5492                  41.5492

                                              Lincoln Twp           25.2322                 43.2322

                                              Oronoko Twp        26.5443                 44.5443

                                              Royalton Twp        23.3615                  41.3615

                                              St. Joseph Twp      27.7582                  45.7582

                                              Baroda Village       39.9819                  57.9819

                                              Stevensville Village 33.5075                  51.5075

                                              Shoreham Village   28.7582                  46.7582

 

Riverside #6                           Hagar Twp            18.0045                  36.0045

 

River #5                                 Sodus Twp            19.9044                  37.9044

 

St. Joseph                              Lincoln Twp           23.2523                  41.2523

                                              Royalton Twp        21.3816                  39.3816

                                              St. Joseph Twp      25.7783                  43.7783

                                              St. Joseph City       36.0859                  54.0859

                                              Shoreham Village    26.7783                 44.7783

 

Watervliet                               Bainbridge Twp      18.5205                 36.5205

                                              Coloma Twp           26.2707                 44.2707

                                              Watervliet Twp       25.5984                 43.5984

                                              Watervliet City        40.0294                 58.0294


Posted by Brenda Regan on October 6th, 2008 10:39 AMPost a Comment (0)

Just Listed! 407 E. Napier Benton Harbor, MI 49022
October 6th, 2008 10:10 AM
Header
Header_2
Listings Photo
$134,500.00
407 E. Napier

Benton Harbor, MI 49022



Beds: 4.0 Rooms: 4
Baths: 2.00 Sq. Ft.: 1943.00
Garage: 0 Built: 1952
 

NEW PRICE - Quality 4 Bedroom 2.5 Bath Fairplain Home
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Brenda Regan
Brenda Regan, Realtor, CRS, GRI, ABR, C-CREC
2699307355
www.BrendaRegan.com



 
  Visit this listing at Here

Posted by Brenda Regan on October 6th, 2008 10:10 AMPost a Comment (0)

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