Traverse City Real Estate Market Statistics - August 19, 2013

By
Real Estate Broker/Owner with Cherry Wings Realty 6502373398

 

 

 

Weekly Market Statistics

 

       08/12/2013 thru 08/18/2013

182 New Listings

87  Sold Listings

295 Pending 

 

Sales By Classification

71  Residential $16,666 to $1,450,000 Median $135,000 Mean $233,404

13  Vacant Land $11,950 to $258,000 Median $25,200 Mean $51,665

3    Commercial $3,500 Lease to $405,000

  

Sales by Location

12 Antrim County

07 Benzie County

41 Grand Traverse County

06 Kalkaska County

17 Leelanau County

04 Wexford County

 

Expired Listings   49

 

Year over Year Comparison for Grand Traverse County on & off water homes

 

Off Water Homes All Values 

 Current Listings        693

 Sales                         08/12 to 08/13  1,112  08/11 to 08/12  970

 Average DOM            129 or 4.3 Months

 Value Direction          Up 9.8%

 Market Activity           Up 14.6% 

 Inventory Supply        7.5 Months

 

Direct Water Homes All Values

 Current Listings       239

 Sales                        08/12 to 08/13  173 08/11 to 08/12  165

 Average DOM           204 or 6.8 Months

         Value Direction        Up 4.6%

         Market Activity          Up 4.8%

         Inventory Supply      16.6 Months  

Activity remains steady on 87 closed sales....

 

Respectfully,

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.RobertJReamer.com

 

Real Estate Appraisal Services, Property Tax Appeal, Real Estate Consulting

Posted by

Christine Stalsonburg, Broker/Owner

Cherry Wings Realty

 

 

231-409-4140

 

 

 

 

 

 

 

 

 

View Christine Stalsonburg's profile on LinkedIn

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