2023 Grand Traverse County Year-End Home Sales Data

2023 Grand Traverse County Year-End Home Sales Data
(click photos below to enlarge)

Explore the 2023 Grand Traverse County (Traverse City) home sales data, comparing prices, volumes, and trends with the previous years. Discover insights on median pricing, average sale prices, and the overall real estate market in the region.

Explore the comprehensive 2023 year-end (January 1 – December 31) home sales figures for Grand Traverse County in the charts above. Compare real estate housing sales in the county from January 1, 2023, to December 31, 2023, with the corresponding periods in 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, and 2014, covering townships such as Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.

Key 2023 Grand Traverse County Home Sales Statistics:

  • Home Sales Units Sold: -10.95% decrease (attributed to a lack of inventory)

  • Volume Sold: -3.44% decrease

  • Average Sales Price: +8.43% increase

  • Median Sales Price: +8.22% increase

This comprehensive report relies on sales data extracted from the Northern Michigan Realtors MLS spanning from 2004 to 2023. Please note that undisclosed sales and fractional ownership details are excluded. The information provided is intended for basic review purposes, with all efforts made for accuracy, though it cannot be guaranteed.

For further inquiries, contact Jonathan Oltersdorf at Oltersdorf Realty, LLC:

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com  

9387 E Summerfield Drive, Traverse City - SOLD

SOLD TRAVERSE CITY RANCH HOME

SOLD by Oltersdorf Realty LLC on August 2, 2023
9387 E Summerfield Drive, Traverse City, MI - 4 Bedroom, 3.5 Bath, 3,418 Sq Ft Walkout Ranch Home located in Leelanau Highlands
Sold Price: $850,500

2021 Current Lake Michigan Water Levels

2021 Current Lake Michigan Water Levels

Some good news for many waterfront property owners on Lake Michigan as the most recent readings indicate that water levels are now -7 inches lower compared to this time last year. January 2020 - July 2020 saw record high water levels on Lake Michigan.

The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is very important to many property owners in Leelanau County & Grand Traverse County who own real estate on Lake Michigan or Grand Traverse Bay. Their last reading took place on January 15, 2021.  

January 15, 2021                   580.97 feet

Difference from January 15, 2020: -7 inches
Difference from long term average: +31 inches
Difference from highest monthly average (1987): -4 inches
Difference from lowest monthly average (2013): +59 inches
Projected change in levels by Feb 15, 2021: -1 inches

Click here to open/download the full report for the current month:
http://lre-wm.usace.army.mil/reports/GreatLakes/GLWL-CurrentMonth-Feet.pdf

For more information on current & past historic records regarding the Great Lakes Water Levels please visit: http://www.lre.usace.army.mil/Missions/Great-Lakes-Information/Great-Lakes-Water-Levels/Water-Level-Forecast/Weekly-Great-Lakes-Water-Levels/

8625 E Donner Road, Traverse City – SOLD

SOLD TRAVERSE CITY HOME ON ACREAGE

LISTING SOLD by Oltersdorf Realty LLC on 10/6/2020
8625 E Donner Road, Traverse City, MI – 3 Bedroom, 2.5 Bath Home on 24.78 Acres!
Asking Price: $420,000

Charming 3 bedroom, 2.5 home offering exceptional privacy on almost 25 acres of beautiful rolling terrain complimented by hardwoods and young cherry trees with an abundance of natural wildlife! Home features include a large open great room with cathedral ceilings, hardwood flooring, stone gas fireplace, oak kitchen cabinetry with newer granite countertops and stainless appliances, main floor master bedroom, solid six panel pine doors throughout, partially finished walkout lower level with a family room, 3rd bedroom, and ¾ bath, newer finished front porch addition, beautiful composite rear deck, and a 30 x 40 pole barn/garage! No maintenance is required on the orchard as it is leased long term to a local farmer (rent is paid on percentage of gross fruit sales). A rare find for this much acreage located between Suttons Bay & Traverse City!

2019 Grand Traverse County Year-End Home Sales Data

2019 Grand Traverse County Year-End Home Sales Data

Units Sold: +9.70%
Volume Sold: +16.69%
Average Sales Price: +6.37%
Median Sales Price: +8.30%

(click photos below to enlarge)

The 2019 year-end (January 1 – December 31) home sales data for Grand Traverse County has been posted in the charts above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2019 through December 31, 2019 to the same time period in 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, and 2010. 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.

Overall Grand Traverse County residential home sales boomed in 2019 setting new all-time record highs. In 2019 Grand Traverse County Home Sales Units Sold increased +9.70%, Volume Sold increased +16.69%, Average Sales Price increased +6.37%, and Median Sales Price increased +8.30%.

This report is based upon sales information obtained from the Northern Michigan Realtors MLS from 2004-2019. 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

2016 Grand Traverse County Home Sales January-June

The 2016 2nd quarter (January 1 – June 30) home sales data for Grand Traverse County has been posted in the charts above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2016 through June 30, 2016 to the same time period in 2015, 2014, 2013, 2012, and 2011. 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.

So far in 2016 Grand Traverse County Average Sales price is up +6.41%, Median Sales price has increased +9.26%, Home Sales Volume has increase +10.97%, and total number of units sold has increased +4.28% over this point last year. For the 3rd year in a row there remains low home inventory, especially in the downtown Traverse City Area.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2011-2016. 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

3924 Vista Park, Traverse City - SOLD

SOLD TRAVERSE CITY HOME

SOLD by Oltersdorf Realty LLC on 6/20/2016
3924 Vista Park, Traverse City, MI - 4 bedroom, 2.5 bath home close to town.
Asking Price: $250,000

Fantastic Traverse City location a few hundred feet outside of the city limits (lower taxes)! This 4 bedroom, 2.5 bath 2700 sq ft one owner home is move-in ready and well maintained. *Listing Photos provided by Traverse North Realty- Source: Northern Great Lakes Realtors MLS.