Good Morning, Here are some interesting statistics from the Traverse Area Association of Realtors. They show single family home sales stats for 2020 and 2019. You can see that despite the lack of inventory sales held up rather well.
If you have considered selling your home, let’s talk about it. It is a great time to sell and with interest rates at all-time lows it is still a good time to buy. Let me know if I can help.
John Roach Coldwell Banker Schmidt Bellaire 231 676 8995
Five County Area (Single Family):
Grand Traverse, Leelanau, Benzie, Antrim, Kalkaska
SOLD MARKET ANALYSIS JULY 2020
HIGH LIST PRICE: $2,495,000 AVG. LIST PRICE: $380,953
HIGH SOLD PRICE: $2,440,000 AVG. SOLD PRICE: $371.253 Total Sold: 411 Avg. Days On Market: 95
County. No. of Sales Average Price Median Price Average DOM
Grand Traverse 216 $343,827 $269,900 73
Leelanau 62 $603,075 $445,000 89
Benzie 35 $333,702 $251,000 103
Antrim 57 $377,514 $258,000 140
Kalkaska 41 $188,535 $149,900 149
Totals 411 $371,253 $271,000 95
Five County Area (Single Family):
Grand Traverse, Leelanau, Benzie, Antrim, Kalkaska
SOLD MARKET ANALYSIS JULY 2019
HIGH LIST PRICE: $2,895,000 AVG. LIST PRICE: $322,746
HIGH SOLD PRICE: $2,800,000 AVG. SOLD PRICE: $314,778
Total Sold: 406 Avg. Days On Market: 101
County. No. of Sales Average Price Median Price Average DOM
Grand Traverse 214 $300,885 $235,500 84
Leelanau 59 $493,003 $354,000 97
Benzie 46 $253,269 $236,250 128
Antrim 51 $345,867 $300,000 145
Kalkaska 36 $139,823 $115,000 106
Totals 406 $314,778 $240,000 101