Traverse City Real Estate Market Report
Activity has picked up dramatically over the past week
Buyers are suffering form a good dose of Cabin Fever and are out looking to buy
With values up over 10% in most off water market segments
NOW is the best time to list your home
We have a Pinpoint Pricing plan that will help get your home sold quick and for the best price.
Call us today to find out what you home can sell for
Be sure to ask about our Hero Rewards Program
231-944-9906
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Weekly Market Statistics
02/17/2014 thru 02/23/2014
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106 New Listings
33 Closed Sales
226 Pending
Sales By Classification
25 Residential $15,400 to $1,000,000 Median $195,000 Mean $277,100
6 Vacant Land 15,000 to $185,000 Median $115,000 Mean $109,500
2 Commercial $$225 to $530 (Leases)
Sales by Location
04 Antrim County
00 Benzie County
20 Grand Traverse County
01 Kalkaska County
08 Leelanau County
00 Wexford County
Expired Listings 32
Year over Year Comparison for Grand Traverse County on & off water homes
Off Water Homes All Values
Current Listings 484
Sales 02/13 to 02/14 1,109 02/12 to 01/13 1,055
Average DOM 126 or 4.2 Months
Value Direction Up 10.6%
Market Activity Up 5.1%
Inventory Supply 5.2 Months
Direct Water Homes All Values
Current Listings 143
Sales 02/13 to 02/14 144 02/12 to 02/13 188
Average DOM 187 or 6.2 Months
Value Direction Up 6.6%
Market Activity Down 23.4%
Inventory Supply 11.9 Months
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