2024 Grand Traverse County Real Estate Market Report: Year-End Home Sales Data & Trends
Looking for the latest 2024 Grand Traverse County real estate market trends? This comprehensive year-end home sales report provides in-depth insights into Traverse City home sales, pricing trends, and real estate market performance. Explore historical sales data, compare pricing changes, and discover what’s driving the Northern Michigan housing market.
2024 Grand Traverse County Home Sales Data & Market Trends
The 2024 real estate market in Grand Traverse County saw notable shifts in pricing and sales volume. Below, we break down the key data points for home sales between January 1, 2024, and December 31, 2024, while comparing trends from the past decade (2015-2023). This data includes sales across Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.
Key 2024 Grand Traverse County Home Sales Statistics:
Total Homes Sold: +0.38% Increase (compared to 2023)
Total Sales Volume: +6.04% Increase
Average Home Sales Price: +5.64% Increase
Median Home Sales Price: +6.04% Increase
Traverse City & Grand Traverse County Housing Market Insights
The Traverse City real estate market has remained strong, with steady growth in home values and increased buyer demand. Rising home prices in 2024 reflect market stability, while inventory levels continue to shape the housing landscape. Whether you’re a homebuyer, seller, or investor, understanding these real estate market trends is crucial for making informed decisions.
Historical Real Estate Market Comparison: 2015-2024
This Grand Traverse County housing market analysis includes data from the Northern Michigan Realtors MLS spanning 2004-2024. By comparing Traverse City real estate trends over the past decade, you can identify long-term growth patterns and market fluctuations.
Why This Data Matters for Homebuyers & Sellers
Sellers: Learn how rising home values can maximize your home sale profits.
Buyers: Understand market pricing trends to make informed home purchasing decisions.
Investors: Gain insight into Grand Traverse County real estate appreciation rates for better investment strategies.
Reliable Grand Traverse County Home Sales Data
This report is based on verified MLS data from the Northern Michigan Realtors. Note that undisclosed home sales and fractional ownership transactions are excluded to maintain data accuracy.
Need Expert Real Estate Advice? Contact Jonathan Oltersdorf Today!
For personalized insights into Grand Traverse County real estate, reach out to Jonathan Oltersdorf at Oltersdorf Realty, LLC.
📞 Phone: 231-271-7777
📧 Email: jonathan@oltersdorf.com
🌐 Website: www.oltersdorf.com