Northern Michigan Real Estate

2009 Market Analysis - Grand Traverse, Antrim, Leelanau, Kalkaska, Benzie Counties

2009 Year End Sold Market Analysis
Five County Area (Single Family):
Grand Traverse, Antrim, Leelanau, Kalkaska, Benzie

 

Sold Market Analysis YEAR 2009

 

 

Single Family

 

No. of Sales

Dollar Volume

Average Price

Median Price

Average DOM

             

Grand Traverse

 

1,068

$182,206,292

$170,605

$138,000

167

Leelanau

 

235

$66,236,050

$281,856

$185,000

203

Benzie

 

231

$35,312,498

$152,868

$108,000

174

Antrim

 

250

$46,705,821

$186,823

$116,750

235

Kalkaska

 

221

$18,613,769

$ 84,225

$ 55,000

152

 

Totals

2,005

$349,074,440

$174,102

$130,000

179

 

Sold Market Analysis YEAR 2008

 

 

Single Family

 

No. of Sales

Dollar Volume

Average Price

Median Price

Average DOM

             

Grand Traverse

 

1004

$183,599,146

$181,973

$147,000

172

Leelanau

 

210

$77,263,117

$367,920

$266,500

166

Benzie

 

210

$37,754,970

$179,786

$125,000

190

Antrim

 

203

$44,908,528

$221,224

$135,000

215

Kalkaska

 

206

$17,870,275

$ 86,749

$ 70,000

154

 

Totals

1,811

$362,848,466

$196,719

$142,500

176

 

Sold Market Analysis YEAR 2007

 

 

Single Family

 

No. of Sales

Dollar Volume

Average Price

Median Price

Average DOM

             

Grand Traverse

 

1,081

$221,615,602

$205,010

$163,000

146

Leelanau

 

273

$97,392,339

$356,748

$235,000

164

Benzie

 

231

$46,679,698

$202,077

$155,000

169

Antrim

 

225

$57,678,159

$256,347

$149,000

238

Kalkaska

 

221

$28,353,614

$128,297

$102,000

150

 

Totals

2,031

$451,719,412

$222,412

$159,000

162

 

 
               

December YTD

2009

2008

2007

2006

2005

2004

2003

No. of Res. Units Sold

2,005

1,811

2,031

2,179

2,575

2,510

2,303

Avg Selling Price

$174,101

$200,358

$213,853

$223,255

$224,903

$215,218

$203,850

Median Sale Price

$130,000

$145,000

$159,000

$165,000

$165,000

$155,000

$149,900

Christine Stalsonburg

President/CEO

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0 commentsChristine Stalsonburg • February 07 2010 12:49PM