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Gull Lake Home Values and Market Report

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Report prepared by joesellsmichigan.com ACE Real Estate Services

Market at a glance

Over the last 12 months, homes sold for 97.0% of list price in 52 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $625K Sold · $561K
$680K$560K$440K$320K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 38 sales in Jul. Last month: 20.

Where the market stands

All homes in this report, by status.

425homes
Active114 · 27%
Under contract25 · 6%
Sold (12 mo)286 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$356K
Under contract$665K
Sold$457K

Average days on market

Active285 days
Under contract87 days
Sold52 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 114
Average list price $356,424
Avg. days on market 285 days
Avg. price per ft² $227 Based on 63 of 114 homes
Avg. living area 2,450 ft² Based on 63 of 114 homes
Avg. beds / baths 3.7 / 2.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

51 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 62 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

51 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

9373 Fraulin Drive$892
140 E Gull Lake Drive$693
5265 N 32nd Street$527
12180 E D Avenue$526
12206 N Sherman Lake Drive$385
4490 Wesley Circle$327
6627 Chaffey Creek Trail$316

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6700 N Sprinkle RoadKalamazoo, MI 49004 442,552$400,000$1562 days
8798 Tiburon LaneRichland, MI 49083 431,800$295,000$1638 days
8773 Tiburon LaneRichland, MI 49083 431,860$305,000$1637 days
9214 BunkerhillRichland, MI 49083 421,728$330,000$1908 days
12206 N Sherman Lake DriveAugusta, MI 49012 231,154$445,000$3859 days
5289 Pine Arbor RidgeKalamazoo, MI 49004 221,460$149,900$1029 days
8833 Cowley CourtRichland, MI 49083 431,882$349,900$1859 days
8331 W Sturtevant AvenueRichland, MI 49083 431,800$315,000$17510 days
8789 Gull RoadRichland, MI 49083 421,782$269,900$15114 days
8789 Gull RoadRichland, MI 49083 —2—$269,900—16 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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