2012 - January to September – Leelanau County 3rd Qtr Year-To-Date Home Sales

2012 - January to September – Leelanau County 3rd Qtr YTD Home Sales

The 2012 YTD 3rd Quarter (January 1 – September 30) home sales data have been posted in the graphs above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2012 through September 30, 2012 to the same time period in 2011 and 2010. 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.

As you will notice in the housing sales data posted above, 2012 residential real estate sold in Leelanau County has increased significantly compared to 2011 in terms of Average Selling Price (+ 4.81 %) and Median Sale Price (+9.02 %).

We have seen a $20 Million Dollar increases in total Residential Sales Volume (+ 36.21 %) over this time in 2011. There have been more residential sales volume in the first 9 months of 2012 than the entire 2011 year! 59 more Residential Units have sold in Leelanau County so far this year (+ 29.95 %). compared to this point in 2011.

There is no doubt that 2012 residential real estate in Leelanau County has been selling very well compared to the last two years. Although we expect the normal seasonal slowdown through the rest of the year, the year-end numbers should be drastically higher than 2011 and 2010.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. 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