I have calculated the updated 2011 year-to-date (1st quarter) recent home sales data and market sales trends for Leelanau County and have posted the information above. The home sales statistics compare housing sold in Leelanau County from January 1, 2011 through March 31, 2011 to the same time period in 2010 and 2009. 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 can see from the housing data, 2011 residential real estate sold in Leelanau County is already well ahead of 2010 and 2009 numbers in terms of average selling price, median sale price, houses sold, and total residential sales volume. Volume sold in Leelanau County is up 73% over 2009 at this time and houses sold has increased over 35%!
This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2009-2011. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.
-Jonathan Oltersdorf, Oltersdorf Realty, LLC