2016 Grand Traverse County Year-End Home Sales

2016 Grand Traverse County Home Sales
Year-End Totals

The 2016 year-end (January 1 – December 31) home sales data for Grand Traverse County has been posted in the charts above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2016 through December 31, 2016 to the same time period in 2015, 2014, 2013, 2012, 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.

It was another year of record breaking residential home sales throughout 2016. During 2016 Grand Traverse County Home Sales Volume increased +9.54% over 2015's record setting volume. Median Sales Price was up +9.24% while Average Sales Price was up +7.08%. Total number of units sold increased +2.30% in part due to very low inventory in the 2nd half of the year.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2016. 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