January-March 1st Qtr 2012 Leelanau County Home Sales Data
The 2012 1st Quarter (January 1 – March 31st) home sales data have been posted in the graphs above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2012 through March 31, 2012 to the same time period in 2011 and 2010. 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 the southeast corner of Leelanau County.
As you will notice in the housing sales data posted above, 2012 residential real estate sold in Leelanau County has increased significantly compared to 2011 in terms of Average Selling Price (+ 9.2 %) and Median Sale Price (+21.5 %). We also saw a $6.285 Million Dollar increases in total Residential Sales Volume (+ 58.6 %). 19 more Residential Units Sold in Leelanau County so far this year when compared to Jan-March 2011.
With the limited size of the real estate market in Leelanau County a couple of high sales can skew the data quite a bit. We should have more of a understanding on how well the real estate market is performing compared to 2011 & 2010 once we analyze the mid year numbers (January - June) in a couple of months. So far the early warm weather has brought with it a great spring for home sales!
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.
For final 2012 sales data click here: /blog/2013/1/18/2012-leelanau-county-home-sales.html