May 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 6.02% in April of 2025 ($1,085,328) vs April of 2024 ($1,154,824).
- There were 13 sold listings in April of 2025 up 117% from the 6 sold in April of 2024; number of pending listings was down 36% with 7 in April of 2025 and 11 in April of 2024; and the number of new listings was up 77% with 23 in April of 2025.
Holland
- Average list price was down 0.20% to $764,041, and average sale price was also down 0.62% to $442,471 in April 2025 vs April 2024.
- Number of sold listings was up 6% to 91, number of new listings was up 18% to 118 vs April of 2024 in Holland. Active listings were up 14% to 224 from 197.
Grand Haven / Spring Lake
- Average list price was down 18.28% to $640,293 in April 2025 vs April 2024.
- Number of active listings in Spring Lake and Grand Haven was up 11% to 203 in April 2025 vs April 2024 and number of sold listings was down 8% to 58.
May is in full swing, with budding trees and flowers blooming, 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
23
New Listings
60
Active Listings
7
Under Contract
13
Closed Sales
Average Sale Price
Decreased
11.38%
Vs April 2024
$607,519
Average Sales Price
4.49
Months of Supply
51
Average Days on Market
$401.27
Average Price per Square Foot
Holland
118
New Listings
224
Active Listings
99
Under Contract
91
Closed Sales
Average Sale Price
Decreased
0.62%
Vs April 2024
$442,471
Average Sales Price
1.24
Months of Supply
41
Average Days on Market
$275.97
Average Price per Square Foot
Grand Haven / Spring Lake
79
New Listings
203
Active Listings
60
Under Contract
58
Closed Sales
Average Sale Price
Decreased
7.55%
Vs April 2024
$436,744
Average Sales Price
2.38
Months of Supply
41
Average Days on Market
$283.29
Average Price per Square Foot