2019 Year-End
Leelanau County
Vacant Land Sales
Units Sold: -12.71% below 2018
Volume Sold: -22.85% below 2018
Average Sales Price: -11.60% below 2018
Median Sales Price: -8.76% below 2018
(Click photos below to enlarge)
The 2019 year end (January 1 – December 31) vacant land sales data have been posted in the charts above. The vacant land sales statistics compare real estate vacant parcels sold in Leelanau County from January 1, 2004 through December 31, 2019. 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.
Vacant land sales saw a significant decrease in activity during 2019 compared to 2018. We think this is partly because of the high cost of new construction and long wait times for new construction have pushed more buyers to buy existing homes, and partly due to the lack of remaining waterfront vacant lots in Leelanau County!
This report is based upon sales information obtained from the Northern Great Lakes Realtors MLS. 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