Weekly Market Statistics

 

09/03/2012 thru 09/09/2012

177 New Listings

102 Sold Listings

279 Pending

 

Sales By Classification

84 Residential $35,000 to $613,000 Median $167,500 Mean $196,533

17 Vacant Land $6,000 to $460,000 Median $42,000 Mean $102,111

1 Commercial $115,000

 

Sales by Location

05 Antrim County

11 Benzie County

56 Grand Traverse County

12 Kalkaska County

15 Leelanau County

02 Wexford County

01 Outside Areas

 

Expired Listings 93

 

Year over Year Comparison for Grand Traverse County on & off water homes

 

Off Water Homes All Values

Current Listings 698

Sales 09/10-09/11 828 09/11-09/12 910

Average DOM 149 or 4.9 Months

Value Direction Up 2.7%

Market Activity Up 9.9%

Inventory Supply 9.2 Months

 

Direct Water Homes All Values

Current Listings 257

Sales 09/10-09/11 134 09/11-09/12 160

Average DOM 213 or 7.1 Months

Value Direction Up 4.7%

Market Activity Up 19.4%

Inventory Supply 19.3 Months

Market activity was up with 102 sales, inventory supplies continue to contract in both on and off water segments moving the market in the right direction.

 

Sincerely,
Robert J. Reamer

Real Estate Expert Since 1978

Certified General Appraiser

Jon Becker - Century 21 Northland

ABR, Green, SFR, Quality Service Award

jon@c21jb.com

231-342-5401

www.c21jb.com for all Traverse City area real estate listings & information

 
This post has been included in Michigan Real Estate News Grand Traverse County, MI Real Estate News
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Jon Becker

Traverse City, MI

More about me…

Century 21 Northland

Address: 241 E. State St., Traverse City, Mi, 49684

Office Phone: (231) 929-7900

Cell Phone: (231) 342-5401

Email Me

Keep yourself informed on Northern Michigan Real Estate information including listings for sale, price changes, listings sold, area community information, real estate related laws/ taxes as well as financing information and real estate buying & selling tips & information. For more complete information and to search ALL area listings, photos / slide shows & listing brochures please visit www.c21jb.com


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