2012 - January to September - Grand Traverse County & Traverse City 3rd Qtr YTD Home Sales

2012 - January to September - Grand Traverse County & Traverse City 3rd Qtr Year-To-Date Home Sales

The 2012 3rd Quarter Year-To-Date (January 1 – September 30) home sales data for Grand Traverse County have been posted in the graphs above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2012 through September 30, 2012 to the same time period in 2011 and 2010. This includes the townships of Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.

As you will notice in the housing sales data posted above, 2012 residential real estate sold in Grand Traverse County has increased significantly compared to this point in 2011 in terms of Average Selling Price (+ 7.16 %) and Median Sale Price (+4.75 %). We have also seen a $50 Million Dollar increases in total Residential Sales Volume over this point in 2011 (+ 32.88 %). WOW! There has already been more residential real estate sales volume in Grand Traverse County in 2012 than ALL OF 2011! Residential Units Sold in Grand Traverse County increased by 198 homes (+ 24.00 %) over this date in 2011.

Clearly the Traverse Area Real Estate market has been booming and although prices are relatively stable across the board the amount of homes selling and total sales volume has increased rapidly compared to 2011 and 2010.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. 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
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com