Traverse City Real Estate Market is still moving in a positive direction this week.
Values are up in on and off water homes with inventory levels still low in our off water homes.
Now is a great time to buy or sell a home
Call Today to speak with one of our Real Estate Specialists 231-944-9906
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Weekly Market Statistics
09/09/2013 thru 09/15/2013
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174 New Listings
84 Sold Listings
315 Pending
Sales By Classification
66 Residential $26,000 to $1,500,000 Median $153,500 Mean $244,056
18 Vacant Land $2,500 to $239,900 Median $33,500 Mean $58,611
0 Commercial
Sales by Location
19 Antrim County
05 Benzie County
32 Grand Traverse County
12 Kalkaska County
16 Leelanau County
00 Wexford County
Expired Listings 41
Year over Year Comparison for Grand Traverse County on & off water homes
Off Water Homes All Values
Current Listings 666
Sales 09/12 to 09/13 1090 09/11 to 09/12 973
Average DOM 127 or 4.2 Months
Value Direction Up 9.3%
Market Activity Up 12.0%
Inventory Supply 7.3 Months
Direct Water Homes All Values
Current Listings 239
Sales 09/12 to 09/13 173 09/11 to 09/12 174
Average DOM 199 or 6.6 Months
Value Direction Up 3.5%
Market Activity Even
Inventory Supply 16.6 Months
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Steady week on 84 closed sales. Looks like a strong fall season as anticipated.
Respectfully,
Robert J. Reamer
Real Estate Expert Since 1978
Certified General Appraiser
Phone: 231.649.0877
Fax: 231.333.5078
Email: bob@teamreamer.com
Website: www.RobertJReamer.com
Real Estate Appraisal Services, Property Tax Appeal, Real Estate Consulting
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