West Michigan Luxury Housing Market Q1 2026
For immediate release
May 5, 2026
Allegan County shows median price gain for luxury homes,
review of Lakeshore quarterly real estate data shows
WEST MICHIGAN, Mich. — The number of luxury home listed for sale increased slightly in Ottawa County in the first quarter of 2026, outpacing median prices in Allegan and Muskegon counties, according to data compiled by the West Michigan Lakeshore Association of REALTORS® (WMLAR).
At the same time, median prices in Muskegon and Ottawa counties saw decreases, while Allegan County posted a median price gain.
WMLAR compiles sales data submitted to its Multiple Listing Service by more than 1,200 REALTOR® members. It’s the most comprehensive property database for the area, representing most residential real estate transactions.
Among the highlights for the first three months of 2026:
- Closed sales: 21 (down 34% vs. Q1 average 2025)
- Median sales price: $1.3 million (down 12% vs. Q1 2025)
- Total dollar volume: $31.12 million (down 48% vs. Q1 average 2025)
- Active Listings as of March 2026: 86 (down 3.4% vs. March 2025)
- Pending sales: 29 (down 22% vs. Q1 average 2025)
The data suggest a more measured selling pace entering the spring market.
“This is a strategic market, not a stalled one,” said Jon Broadbooks, CEO of the West Michigan Lakeshore Association of REALTORS®. “Luxury buyers are still active, but they’re being more deliberate.”
County-Level Performance:
| County | Sales Q1 | Median Sales Price | Dollar Volume | Active Listings (as of March 31) | Pending Sales (As of march 31) |
| Allegan | 6 (down 56% vs. Q1 average 2025) | $2.15 million (up 52% vs. Q1 2025) | $10.4 million (down 65% vs. Q1 average 2025) | 38 (down 2.6% vs. March 2025) | 9 (stable vs. Q1 2025) |
| Muskegon | 2 (down 50% vs. Q1 average 2025) | $1.24 million (down 16% vs. Q1 2025) | $2.48 million (down 58% vs. Q1 average 2025) | 10 (down 29% vs. March 2025) | 3 (down 40% vs. Q1 average 2025) |
| Ottawa | 13 (down 7.1% vs. Q1 average 2025) | $1 million (down 30% vs. Q1 2025) | $18.2 million (down 24% vs. Q1 average 2025) | 38 (up 5.6% vs. March 2025) | 17 (down 26% vs. Q1 average 2025) |
This quarter also featured a standout listing: a $5,995,000 property in Park Township along the Lake Macatawa shoreline in Ottawa County.
The most expensive sale of the quarter in the association’s three-county service area was a $2,750,000 property on the Lake Michigan shoreline in Allegan County.
On average, it took 3.3 months to sell a luxury listing in the three-county area. It took 3.9 months on average last year.
The West Michigan Luxury housing market typically sees its strongest activity in the second and third quarters, making upcoming months critical for determining whether demand rebounds or continues its current trajectory.
About WMLAR
The West Michigan Lakeshore Association of REALTORS® represents nearly 1,400 REALTOR® and affiliate members engaged in all aspects of the real estate business. Based in Grand Haven, the association serves as the voice for real estate in Allegan, Muskegon and Ottawa counties.
To learn more
Contact Jon Broadbooks, WMLAR CEO, at jon@wmlar.com, or by phone at 616.846.6240.
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