2nd Qtr YTD 2012 Leelanau County Home Sales Data

January-June 2012 Leelanau County Home Sales Data

The 2012 YTD 2nd Quarter (January 1 – June 30) 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 June 30, 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 (+ 0.28 %) and Median Sale Price (+14.15 %). We also saw a $8.401 Million Dollar increases in total Residential Sales Volume (+ 28.04 %). 31 more Residential Units Sold in Leelanau County so far this year (+ 27.67 %). compared to this point in 2011.

The outlook for the rest of 2012 looks very promising after reviewing these statistics and combining them with my blog post from May 1st, 2012 showing a decrease in Single Family home supply throughout the region.

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