Is West Douglas, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, West Douglas was a Seller's Market.
Housing Prices in West Douglas, MI
How much do homes in West Douglas, MI cost?
Median Sold Price
$147,500
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Douglas was $147,500 in March 2024, up 20% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $131K | $160K | +22.1% |
3 Bedrooms | $122.9K | $140K | +13.9% |
4 Bedrooms | $160K | $115K | -28.1% |
5+ Bedrooms | - | $162.5K | N/A |
Summary: West Douglas housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
West Douglas | $122.9K | $147.5K | +20.0% |
Northside | $83K | $79K | -4.8% |
Housing Supply in West Douglas, MI
How many homes are available in West Douglas, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Summary: The West Douglas real estate market had 6 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 1 | -66.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The West Douglas housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in West Douglas in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Douglas, MI
How long does it take to sell a home in West Douglas, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 33 Days | -34.0% |
Summary: Homes in West Douglas had an average of 33 days on market in Mar 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in West Douglas; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.