OTTAWA COUNTY — Newly released data from Realtor.com for April shows potential buyers and sellers in Ottawa County saw homes sell for higher than the previous month's median sales price of $329,950.
The median home sold for $362,398, an analysis of data from Realtor.com shows. That means April, the most recent month for which figures are available, was up 9.8% from March.
Compared to April 2023, the median home sales price was up 13.3% at $362,398 compared to $320,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months' delay in up-to-date data. The statistics don't include homes currently listed for sale, and aren't directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.hollandsentinel.com.
Year-over-year, the number of recorded sales in Ottawa County rose by 9.5%, from 284 to 311. All residential home sales totaled $122.9 million.
In Michigan, homes sold at a median of $228,080 in April, up 3.7% from $220,000 in March. There were 9,714 recorded sales across the state, up 6.4% from 9,127 recorded sales in April 2023.
The total value of recorded residential home sales in Michigan increased by 16.6% from $2.3 billion in March to $2.6 billion in April.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.
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