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Northern Michigan Real Estate Market Update - April 2007

By
Real Estate Broker/Owner with Buyer's Broker of Northern Michigan, LLC

Residential Sold Information

for April, 2007

  Total MLS 20062007
Number of Sales 9279
Average Selling Price$245,211$210,214
Median Selling Price$132,250$120,000
Units on Market19012368

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                              #  of Sales             Avg/Median Price
Antrim County5$173,740/109,900
Charlevoix County33$174,895/118,000
Emmet County30$286,386/145,125
Cheboygan7$159,185/$108,000
All other counties4$65,200/$68,400
   
 

YTD  2006

# Sales

Avg Pr/Median Pr

YTD 2007

#Sales

Avg Price/Median Pr.

ALL AREAS

300

$286,547/$145,000

259

$221,158/$130,000

Antrim County

12

$96,564/$ 91,500

17

$112,052/$87,000

Charlevoix Cty

110

$259,178/$138,950

98

$198,942/$117,955

 

Emmet County

130

$376,081/$176,000

111

$286,623/$172,000

Cheboygan County

26

$126,676/$85,000

17

$179,270/$147,000

All other Counties

22

$186,897/$88,000

16

$63,500/$56,000

Note: Based on information obtained from the Northern Michigan MLS/Emmet Association of Realtors for the periods from January 1, 2006 - April 30, 2007.