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Holland Michigan Real Estate Blog Thread
Thread Name: Average Sale Price Holland Michigan
Date Created: 02-02-2010 @ 9:17:11 AM GMT
Last Modified: 02-02-2010 @ 9:27:35 AM GMT
Total Views: 284 | Total Posts: 1
Average Sale Price Holland Michigan
The Average sale price for homes sold in Holland and Zeeland Michigan is something that I like to track. I track this information so that I have a better understanding of the market so that I can serve my clients better. Below you will find the average sale price for single family homes in Holland Michigan for every year since 1997.
2009-$124,242
2008-$159,550
2007-$185,381
2006-$182,422
2005-$179,460
2004-$174,388
2003-$170,476
2002-$163,099
2001-$156,880
2000-$153,936
1999-$144,102
1998-$135,146
1997-$123,637
As you can see the average sale price for 2009 in Holland Michigan was about the same it was in 1997. This can tell you a few different things. First, to sell your home you will need to price it competitively, and often times less than you were hoping for. Second, homes in the higher price ranges are not selling very often. If there several homes that sold on Lake Michigan or Lake Macatawa then the average sale price would be much higher. Finally, it tells us that many homes that are selling in Holland are on the low end. In 2009 there were over 400 homes that sold for under $100,000. This is going to bring the average sale price down.
Holland Michigan Real Estate
Posted By: Luke Bouman
Posted On: 02-02-2010 @ 9:27:35 AM GMT
