Our activity this week has remained steady and values are still up over this time last year. A great time to buy or sell. Inventory is creeping down and we could use more listings in the market. If you are thinking about selling, now could be the time. Give us a call 231-944-9906.
Weekly Market Statistics
10/01/2012 thru 10/08/2012
143 New Listings
83 Sold Listings
282 Pending
Sales By Classification
68 Residential $20,000 to $1,010,000 Median $159,337 Mean $208,339
13 Vacant Land $10,000 to $197,500 Median $65,000 Mean $76,753
2 Commercial $1200 sf (Lease)
Sales by Location
13 Antrim County
07 Benzie County
36 Grand Traverse County
08 Kalkaska County
15 Leelanau County
02 Wexford County
02 Outside Areas
Expired Listings 102
Year over Year Comparison for Grand Traverse County on & off water homes
Off Water Homes All Values
Current Listings 675
Sales 10/10-10/11 823 10/11-10/12 919
Average DOM 147 or 4.9 Months
Value Direction Up 5.6%
Market Activity Up 11.7%
Inventory Supply 8.8 Months
Direct Water Homes All Values
Current Listings 244
Sales 10/10-10/11 136 10/11-10/12 158
Average DOM 216 or 7.2 Months
Value Direction Up 6.6%
Market Activity Up 16.2%
Inventory Supply 18.4 Months
Activity remains steady with 83 sales last we
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