Leelanau County Home Sales - 2010 YTD

I have calculated the updated 2010 home sales data for Leelanau County and have posted the information below. The sales statistics compare housing sold in Leelanau County from January 1, 2010 through April 30, 2010 to the same time period in 2009 and 2008. This includes the townships of Bingham, Centerville, Cleveland, Elmwood, Empire, Glen Arbor, Kasson, Leelanau, Leland, Solon, Suttons Bay, and the City of Traverse City. As you can see in the chart, the bottom of the market has seen the most activity and sold homes as median and median sold prices have remained down in 2010. There have been 8 waterfront sales this year but the summer and fall is typically when we see the majority of the most expensive & waterfront homes sell. There have been 35% more homes sold in Leelanau County already this year in comparison to 2009 but we are still behind 2008 numbers. Sales volume in Leelanau County is also up 11.4% so far this year.

-Jonathan Oltersdorf
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