Our Real Estate Market is still holding strong numbers with 84 closings this week. Thank you to Bob Reamer with Set Point Property Tax Consultants for his weekly report to keep us all up to date.
Weekly Market Statistics
07/23/2012 thru 07/29/2012
211 New Listings
84 Sold Listings
259 Pending
Sales By Classification
63 Residential $22,000 to $1,075,000 Median $121,000 Mean $177,425
11 Vacant Land $15,000 to $215,000 Median $34,000 Mean $53,500
10 Commercial $200 lease to $780,000
Sales by Location
11 Antrim County
6 Benzie County
46 Grand Traverse County
6 Kalkaska County
10 Leelanau County
5 Wexford County
0 Outside Areas
Expired Listings 62
Year over Year Comparison for Grand Traverse County on & off water homes
Off Water Homes All Values
Current Listings 736
Sales 07/10-07/11 788 07/11-07/12 906
Average DOM 155 or 5.1 Months
Value Direction Up 1.2%
Market Activity Up 15.0%
Inventory Supply 9.7 Months
Direct Water Homes All Values
Current Listings 267
Sales 07/10-07/11 115 07/11-76/12 165
Average DOM 224 or 7.5 Months
Value Direction Up 4.6%
Market Activity Up 43.5%
Inventory Supply 19.4 Months
Activity remains stable with 84 sales last week.
Sincerely,
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.setpointptc.com
website: http://www.the-team.biz/39885411/Home.aspx
Property Tax Appeal, Real Estate Consulting, Real Estate Appraisal Services
211 New Listings
84 Sold Listings
259 Pending
Sales By Classification
63 Residential $22,000 to $1,075,000 Median $121,000 Mean $177,425
11 Vacant Land $15,000 to $215,000 Median $34,000 Mean $53,500
10 Commercial $200 lease to $780,000
Sales by Location
11 Antrim County
6 Benzie County
46 Grand Traverse County
6 Kalkaska County
10 Leelanau County
5 Wexford County
0 Outside Areas
Expired Listings 62
Year over Year Comparison for Grand Traverse County on & off water homes
Off Water Homes All Values
Current Listings 736
Sales 07/10-07/11 788 07/11-07/12 906
Average DOM 155 or 5.1 Months
Value Direction Up 1.2%
Market Activity Up 15.0%
Inventory Supply 9.7 Months
Direct Water Homes All Values
Current Listings 267
Sales 07/10-07/11 115 07/11-76/12 165
Average DOM 224 or 7.5 Months
Value Direction Up 4.6%
Market Activity Up 43.5%
Inventory Supply 19.4 Months
Activity remains stable with 84 sales last week.
Sincerely,
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.setpointptc.com
website: http://www.the-team.biz/39885411/Home.aspx
Property Tax Appeal, Real Estate Consulting, Real Estate Appraisal Services
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