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Oltersdorf Realty - Leelanau County & Traverse City Real Estate

Leelanau County & Traverse City Real Estate
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Our Suttons Bay Area & Leelanau County Vacation Rentals!
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7150 N West Bay Shore Drive, Northport, MI – Grand Traverse Bay Waterfront Vacation Rental - Oltersdorf Realty LLC (1).jpg
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UP TO 16 GUESTS – 7150 N West Bay Shore Drive, Northport, MI – Grand Traverse Bay Vacation Rental
4651 E Tall Cedar Trail, Lake Leelanau Vacation Rental Waterfront- 1 (1).jpg
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UP TO 8 GUESTS - 4651 E Tall Cedar Trl, Lake Leelanau, MI – North Lake Leelanau Vacation Rental
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UP TO 6 GUESTS – Leland, MI – North Lake Leelanau Waterfront Vacation Rental
1497 S Nanagosa Trail, Suttons Bay Waterfront Vacation Rental by Oltersdorf Realty.JPG
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SLEEPS 8 – 1497 S Nanagosa Trail, Suttons Bay, MI – West Bay Waterfront Vacation Rental
Lee Point Road - Suttons Bay Vacation Rental, Oltersdorf Realty (1).jpg
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SLEEPS 6 – 3711 S Lee Point Road, Suttons Bay, MI– West Bay Waterfront Rental
400 N Nanagosa Trail, Suttons Bay, MI – Waterfront Vacation Rental.JPG
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UP TO 6 GUESTS - 400 N Nanagosa Trail, Suttons Bay, MI - West Bay Waterfront Rental
114 N Lincoln, Suttons Bay, MI.jpg
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UP TO 8 GUESTS - 114 N Lincoln, Suttons Bay, MI - Two blocks to Downtown!
311 N St Josephs St, Suttons Bay, MI, Village of Suttons Bay Short Term Vacation Rental by Oltersdorf Realty, Vicky and Jonathan Oltersdorf, Leelanau County and Suttons Bay Realtors (1).jpg
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UP TO 2 GUESTS - 311 N St Josephs St, Suttons Bay, MI - Downtown Suttons Bay Vacation Rental

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View fullsize OUR NEW LISTING | $139,500 – 2164 N Belanger Creek Drive, Suttons Bay, MI – 1.84 Acre Creekside Building Site! Visit Oltersdorf.com or Contact Vicky for more info: 231-632-1800.
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#ForSale #SuttonsBay #BelangerCreek #Leelanau #S
View fullsize OUR NEW LISTING | $198,500 – 2171 N Belanger Creek Drive, Suttons Bay, MI – 2.05 Acre Creekside Building Site! Visit Oltersdorf.com or Contact Vicky for more info: 231-632-1800.
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#ForSale #SuttonsBay #BelangerCreek #Leelanau #S
View fullsize OUR NEW LISTING | $89,400 – 2155 N Belanger Creek Drive, Suttons Bay, MI – 1.29 Acre Water View Lot! Visit Oltersdorf.com or Contact Vicky for more info: 231-632-1800. 
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#ForSale #SuttonsBay #BelangerCreek #Leelanau #SuttonsBay
View fullsize OUR NEW LISTING | $210,000 – 1881 N Blue Water Ct, Suttons Bay, MI – Panoramic Water View Lot! Visit Oltersdorf.com for more info or call 231-271-7777!
View fullsize JUST SOLD in Downtown Traverse City | $505,000 - 1101 Jefferson Ave, Traverse City, MI – 2 Bedroom Ranch on an Oversized 195’ x 50’ Downtown Lot! Listing Agent --> Jonathan Oltersdorf
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#TraverseCity #TraverseCityRealEs
View fullsize Why Vacant Land Is Becoming Hard to Find in Leelanau County 👇Scroll for 4 data charts -> 

Leelanau County’s vacant land inventory didn’t get tight by accident.

For most of the past 15 years, very few large-scale new developments wer
View fullsize 📊 Less than half of Leelanau County homes are occupied year-round — and that hasn’t changed much in 15 years.

This chart shows the Principal Residence Exemption (PRE) trend from 2010–2025, a key indicator of how many properties ar
View fullsize 2025–2026 Leelanau County Home Inventory: Why Low Supply Is Still Defining the Market

As of January 29, 2026, there are just 55 homes for sale in the entire county — that’s roughly a ±2-month supply.

For context:
• A b
View fullsize What did Leelanau County homebuyers actually buy in 2025—and where did the money go?

Here’s the short version 👇
🏡 21% waterfront, 13% condo's, 12% water view, 10% 5+ acres....
🌊 Waterfront still mattered… just not as much as yo
View fullsize 💰 Cash or financing? Leelanau County Home Sales in 2025: How 375 Buyers purchased their home->

📊 375 home sales in 2025
🏦 55% financed
💵 45% cash
📉 Avg 30-yr rate: 6.60%

Cash still matters, but financed buyers are very much back. If you&rsq
View fullsize Where did 2025 Leelanau County homebuyers come from? 📍--> scroll for more data and visit Oltersdorf.com/blog 

Short answer: not just from here.

In 2025, there were 375 total homebuyers in Leelanau County. Only 43% came from Leelanau or Grand Tr
View fullsize 📊 **Leelanau County Real Estate | 2025 Year-End Update**

Unlike Grand Traverse County, this market didn't level off. Leelanau County real estate continues to out perform. 

🏡 **Homes Sold:** 375
➡️ Up **+10.95%** from 2024

💰 **Total Sales Volume
View fullsize **2025 Grand Traverse County Real Estate Recap: More Homes Sold, Slightly Softer Prices! 🏡🌊**
 
🔼 **Units Sold:** Up **+9.24%** to 1,442 (biggest jump in recent years!) 
🔼 **Total Sales Volume:** Up **+7.46%** to **$749 MILLION** 
🔽 **Average Pr
View fullsize 🌊 2026 Lake Michigan Water Levels Update

Lake Michigan water levels are officially trending down again in 2026.
📉 –7 inches from last year
📉 –17 inches over the past two years

Jan 9, 2026 reading: 577.5 feet
• 12 inches below lo
View fullsize Interesting look at domestic migration within the United States 2020-2024. Our region in Northern Michigan continues to grow in population!
View fullsize JUST SOLD by Jonathan Oltersdorf | $48,000 – Lot 10 Blue Water Court, Suttons Bay, MI - 0.98 acre vacant lot located in the "Blue Water Ridge" just a few miles north of the Village of Suttons Bay!
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Photo courtesy of Real Estate O
View fullsize JUST SOLD by Jonathan Oltersdorf | $26,675 – Lot 61 S Skye Hill Drive, Traverse City, MI - 0.89 acre vacant lot located in the "#Leelanau Highlands" Development in Elmwood Township, close to Downtown Traverse City! 
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#leelana
View fullsize JUST SOLD - Listed by Jonathan Oltersdorf | $720,000 – Lot 6 – N Indian Camp Road, Northport, MI – Vacant Parcel with 104’ of Direct Frontage on Grand Traverse Bay! Listing details -> Hitting the market for the first time s
View fullsize JUST SOLD - Buyer Agent -> Vicky Oltersdorf. $890,000 - 11604 Whittington Street, Traverse City | Stunning 4-bedroom Craftsman-style walk-out ranch in Traverse City’s coveted Morgan Farms neighborhood, featuring high-end finishes, a walk-out
View fullsize OUR NEW LISTING | $575,000 - 1101 Jefferson Ave, Traverse City, MI – 2 Bedroom Ranch on an Oversized 195’ x 50’ Downtown Lot! More info at Oltersdorf.com or text/call Jonathan at 231-218-0509!

Copyright © 2026, Oltersdorf Realty, LLC. All rights reserved. 231-271-7777 | realestate@oltersdorf.com | The information contained on this website has been furnished by our Seller’s and/or other sources. Every effort has been made to provide accurate information but we are unable to guarantee any information and recommend that the purchaser verify all information before closing.