Leelanau County 2010 Home Sales - August YTD

I have calculated the updated 2010 home sales data for Leelanau County and have posted the information below in several charts. The sales statistics compare housing sold in Leelanau County from January 1, 2010 through August 31, 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 within Leelanau County. As you will see in the data below home sales throughout Leelanau County are up 13% in 2010 over 2009. Median sale price and average sales price has increased in 2010 over 2009 due in large part to strong August sales of higher priced waterfront homes. Sales volume remains far ahead of last years pace with an increase of 23.3% to date. Grand Traverse County and Traverse City has been seeing a large increase in real estate sales during 2010 as well.

-Jonathan Oltersdorf
Oltersdorf Realty, LLC

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2008-2010. Undisclosed sales are not included in the data.