March Market Update
Thinking about buying or selling in West Michigan? Staying on top of the local market is essential! Knowing the latest trends in property values, inventory, and market timing gives you the confidence to make smart decisions. These insights can help you navigate pricing, competition, and overall value. Ready to make your move? Let’s dive into the details together!
Saugatuck / Douglas
- Average list price was down 13.34% in February of 2025 ($972,742) vs February of 2024 ($1,122,525).
- There were 2 sold listings in February of 2025 down 67% from the 6 sold in February of 2024; number of pending listings was down 50% with 3 in February of 2025 and 6 in February of 2024; and the number of new listings stayed the same with 8 in February of 2025 as well as in February of 2024.
Holland
- Average list price was up 4.23% to $790,423, and average sale price was also up 5.49% to $366,356 in February 2025 vs February 2024.
- Number of sold listings was up 4% to 50, number of new listings was up 14% to 67 vs February of 2024 in Holland. Active listings were up 8% to 179 from 165.
Grand Haven / Spring Lake
- Average list price was down 10.92% to $655,393 in February 2025 vs February 2024.
- Number of active listings in Spring Lake and Grand Haven was up 5% to 154 in February 2025 vs February 2024 and number of sold listings was down 18% to 32.
March is in full swing, bringing longer days, more sunshine, and a busy real estate market! Low inventory continues to drive strong competition among buyers, with demand far outpacing available homes. In this fast-moving market, finding the right property takes strategy and quick action. Whether you're looking to buy or sell, having a solid game plan is key—whether it’s moving fast to secure a home or positioning your property to attract serious buyers. Despite the challenges, 2025 is packed with exciting opportunities for those ready to make a move!
Saugatuck / Douglas
8
New Listings
35
Active Listings
3
Under Contract
2
Closed Sales
Average Sale Price
Increased
64.84%
Vs February 2024
$1,087,500
Average Sales Price
2.46
Months of Supply
49
Average Days on Market
$461.09
Average Price per Square Foot
Holland
67
New Listings
179
Active Listings
53
Under Contract
50
Closed Sales
Average Sale Price
Increased
5.49%
Vs February 2024
$366,356
Average Sales Price
1.26
Months of Supply
60
Average Days on Market
$253.40
Average Price per Square Foot
Grand Haven / Spring Lake
53
New Listings
154
Active Listings
51
Under Contract
32
Closed Sales
Average Sale Price
Decreased
15.38%
Vs February 2024
$363,224
Average Sales Price
1.53
Months of Supply
50
Average Days on Market
$258.95
Average Price per Square Foot