2010 home sales have kicked off similar to the way the fall of 2009 ended (very promising) as the Traverse City Area Association of Realtors have released the sales figures for January 2010 in the local 5 county area (Leelanau, Grand Traverse, Benzie, Antrim, Kalkaska). Local real estate agents have reporting to us an increased in activity across the board and we have remained very busy at Oltersdorf Realty as well! I have put together several charts to track 2010 January home sales and compared them to previous years. Sales volume for January 2010 is reported as a 26% increase over 2009! Housing units sold is slightly down but the average sold price and median sale price is up substantially! Hopefully this trend will continue in Leelanau County and the entire Traverse City area through the spring.
-Jonathan Oltersdorf
http://www.oltersdorf.com
This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2007-2010 for the 5 County Area (Grand Traverse, Antrim, Leelanau, Kalkaska, Benzie). Undisclosed sales are not included in the data.