I have calculated the updated 2010 home sales data for Traverse City / Grand Traverse County and have posted the information below. The sales statistics compare housing sold in Grand Traverse County from January 1, 2010 through September 30, 2010 to the same time period in 2009 and 2008. 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. As you will see in the data below, the number of homes sold is up over 12% in 2010 compared to the same time in 2009. Home sales volume in Grand Traverse County is up 18% this year over 2009. Average sales price and median sales price also have increased 5.6% and 13% over last year to date. We are seeing the same trend for home sales within Leelanau County as well. Overall it has been a busy year for real estate in the Grand Traverse Region.
Jonathan Oltersdorf
Oltersdorf Realty, LLC
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This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2008-2010. 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.