So the big question is how many foreclosure homes closed in May 2009 in Traverse City? 26 homes out of 88 were tagged as foreclosure or bank owned in Traverse City for May 2009. That represents about 29%. The better news is right now if you complete a search for foreclosure and bank owned homes in Grand Traverse County, there were only 74 such homes available as of June 12, 2009. That means that there is less than a 3 month supply of foreclosure/bank owned homes on the market today in Traverse City Michigan. With the number of foreclosures starting to perhaps taper off, there could be a chance that prices may begin to climb again in the near future. Please see below the diverse mix of foreclosures in Traverse City Mi:
| MLS # | Ask Price | Status | Address | City | Zip | #BR | #BA | Apx Abv Grd Finished SQFT | Days On Market |
| 1701847 | $31,000 | SLD | 3405 N FOUR MILE RD | Traverse City | 49686 | 3 | 1 | 1540 | 46 |
| 1700256 | $44,900 | SLD | 2514 E M-113 | Kingsley | 49649 | 3 | 1.5 | 1056 | 105 |
| 1699778 | $64,900 | SLD | 10235 US-31 S | Interlochen | 49643 | 2 | 1 | 972 | 130 |
| 1700642 | $70,000 | SLD | 1250 BASS LAKE RD | Traverse City | 49684 | 3 | 2 | 1620 | 101 |
| 1699208 | $74,900 | SLD | 4704 N MANOR WOOD DR | Traverse City | 49684 | 4 | 2 | 864 | 161 |
| 1698455 | $69,900 | SLD | 3628 EMILY LN | Traverse City | 49686 | 2 | 1.5 | 1152 | 171 |
| 1701043 | $77,900 | SLD | 8985 HARVEST LN | Buckley | 49620 | 3 | 1.5 | 1100 | 76 |
| 1701092 | $83,000 | SLD | 1701 WOODWARD AVE | Traverse City | 49686 | 3 | 1.5 | 1000 | 64 |
| 1701696 | $79,900 | SLD | 1589 INNWOOD NORTH | Interlochen | 49643 | 3 | 1 | 810 | 64 |
| 1698458 | $84,900 | SLD | 8613 SUMMIT CITY RD | Kingsley | 49649 | 4 | 1 | 1512 | 172 |
| 1700153 | $99,900 | SLD | 6435 APPLEWOOD LN | Williamsburg | 49690 | 3 | 1.5 | 1700 | 143 |
| 1699873 | $94,900 | SLD | 2081 SPARLING RD | Kingsley | 49649 | 3 | 1 | 1052 | 123 |
| 1699609 | $99,900 | SLD | 4147 HARRAND RD | Kingsley | 49649 | 3 | 2 | 1266 | 161 |
| 1703526 | $97,000 | SLD | 2154 GROUSE DR | Traverse City | 49684 | 3 | 2 | 1176 | 14 |
| 1702077 | $95,000 | SLD | 2096 POTTER RD | Traverse City | 49686 | 2 | 2 | 864 | 48 |
| 1701202 | $99,900 | SLD | 18978 TRAVERSE ST | Traverse City | 49686 | 2 | 2.75 | 1456 | 77 |
| 1698047 | $101,500 | SLD | 7310 FOREST LODGE RD | Traverse City | 49684 | 3 | 2 | 1824 | 209 |
| 1699610 | $114,900 | SLD | 2879 N OLD FARM LN | Traverse City | 49684 | 4 | 2 | 1692 | 145 |
| 1700152 | $124,900 | SLD | 3188 NIMROD RD | Traverse City | 49684 | 4 | 2.5 | 1100 | 118 |
| 1701378 | $127,900 | SLD | 2178 ARTHUR CT | Traverse City | 49684 | 3 | 2 | 1152 | 83 |
| 1701846 | $149,900 | SLD | 2141 BLACK FOREST LN | Traverse City | 49686 | 3 | 1.5 | 1000 | 62 |
| 1692939 | $132,250 | SLD | 7655 HAMPTON CIRCLE | Grawn | 49637 | 4 | 2 | 1999 | 365 |
| 1701520 | $149,900 | SLD | 1278 TERRACE BLUFF DR | Traverse City | 49686 | 2 | 2 | 1212 | 70 |
| 1694131 | $179,900 | SLD | 4566 DEEP WOODS DR | Traverse City | 49684 | 2 | 2 | 1660 | 316 |
| 1699706 | $199,900 | SLD | 6733 MATHISON RD | Traverse City | 49686 | 4 | 3.5 | 2900 | 147 |
| 1693242 | $279,900 | SLD | 377 HOMESTEAD LN | Traverse City | 49686 | 3 | 3.5 | 1879 | 344 |
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