INVENTORY AT A CRITICAL LOW
Inventory levels in the Grand Traverse Region are at an all time low, falling below the healthy market range.
Winter is a great time to list your home, less competition means more demand for your home.
Cherry Wings Realty will assist you with staging, pricing, marketing and selling your home
CALL TODAY 231-944-9906
Be sure to ask about our Hero Rewards Program
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Weekly Market Statistics
12/23/2013 thru 12/29/2013
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33 New Listings
48 Closed Sales
264 Pending
Sales By Classification
41 Residential $27,200 to $1,195,000 Median $190,000 Mean $283,777
6 Vacant Land $11,500 to $350,000 Median $31,500 Mean $94,250
1 Commercial $34,000
Sales by Location
04 Antrim County
07 Benzie County
25 Grand Traverse County
04 Kalkaska County
07 Leelanau County
01 Wexford County
Expired Listings 46
Year over Year Comparison for Grand Traverse County on & off water homes
Off Water Homes All Values
Current Listings 545
Sales 12/12 to 12/13 1,123 12/11 to 12/12 1,037
Average DOM 127 or 4.2 Months
Value Direction Up 9.5%
Market Activity Up 8.3%
Inventory Supply 5.8 Months
Direct Water Homes All Values
Current Listings 159
Sales 12/12 to 12/13 152 12/11 to 12/12 186
Average DOM 198 or 6.6 Months
Value Direction Up 3.1%
Market Activity Down 18.3%
Inventory Supply 12.5 Months
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