2007 Pellston Real Estate Market Statistics

By
Real Estate Broker/Owner with Buyer's Broker of Northern Michigan, LLC

In the Pellston School District, 31 residential sales were reported in 2007, down from 34 sales in 2006, a decline of almost 9%.  Despite the weakness in sales volume, prices actually improved somewhat.  The average sales price increased from $119,191 in 2006 to $140,733 in 2007.  The median sales price also increased, from $100,790 in 2006 to $106,940 in 2007, an increase of over 6%. 

Note: Market information courtesy of Emmet Ass'n of Realtors.  Pellston real estate sales include single family homes, farms and condominiums. 

 

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