January - September 2014 Leelanau County Home Sales



The 2014 3rd quarter year-to-date (January 1 – September 30) home sales data have been posted in the charts above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2014 through September 30, 2014 to the same time period in 2013, 2012, 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.

2014 Leelanau County Home Sales Volume has decreased -0.7% over 2013's record setting figures and total units/houses sold are down -3.9% over last year's pace due in large part to record low housing inventory, especially in the lower price ranges <$200,000. Average sales price has increased +3.3% and Median Sales price has increased +6.2% over last year.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2014. 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

January - September 2014 Grand Traverse County Home Sales



The 2014 3rd quarter year-to-date (January 1 – September 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, 2014 through September 30, 2014 to the same time period in 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.

So far 2014 Grand Traverse County Home Sales Volume has increase +7.3% over 2013's record setting figures. Average sales price is up +7.2% while Median Sales price is up +6.8%. Total number of units sold has decreased only 1 unit. There are plenty of buyers that still can't find a house to purchase, especially in the lower price ranges <$200,000 near downtown Traverse City as home inventory remains low. 

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2014. 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

Parcel 12 E Easling Drive, Suttons Bay- SOLD

SOLD SUTTONS BAY WATER VIEW LOT

LISTING SOLD by Oltersdorf Realty LLC on 10/13/2014
Parcel 12 E Easling Drive, Suttons Bay, MI - 10.24 Acres & Bay View
Asking Price: $89,000

This beautiful rolling 10.24 acre parcel offers picturesque countryside views and distant Bay views, hardwoods, and complete privacy surrounding your future dream home! Enjoy the calming sounds of nature where wildlife abounds in this quiet location on a private dead-end drive within close proximity to the amenities of the Village of Suttons Bay and just a short 15 minute drive to Traverse City.

12371 N Island View Drive, Northport - NEW LISTING

NEW LISTING

$895,000 - 12371 N Island View Drive, Northport, MI - 4157' of Shared Lake Michigan Frontage

Dramatic panoramic sunset views of Lake Michigan and South Fox Island are enjoyed from throughout this tremendous 5 bedroom, 3 bath high quality custom log home.  Soaring cathedral ceilings glass door walls, and large windows provide an open airy feeling throughout the home which is beautifully finished with granite countertops, new stainless steel appliances, a two story stone fireplace, custom built-ins, fully finished walk-out lower level, exercise room, outdoor shower, large entertaining decks, porches and patios!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING!

10531 Camrose Circle, Traverse City - SOLD

SOLD TRAVERSE CITY HOME

LISTING SOLD by Oltersdorf Realty LLC on 10/3/2014
10531 Camrose Circle, Traverse City, MI - Water View Close To Downtown Traverse City
Asking Price: $353,000

This attractive Craftsman style 2200+ sq ft 4 bedroom, 2.5 bath home located within the Cottages of Morgan Farms features Bay views throughout, hickory cabinetry, granite countertops, hardwood flooring, large main floor master bedroom suite, den/bonus room, full unfinished walkout lower level, attached garage, covered porch, and a private deck with panoramic water views. Enjoy the convenient lifestyle at Morgan Farms within Leelanau County and just minutes to the shops, restaurants, and beaches of Downtown Traverse City!

3363 S Sunrise Lane, Lake Leelanau - SOLD

SOLD LAKE LEELANAU WATERFRONT HOME

LISTED & SOLD by Oltersdorf Realty LLC on 9/30/2014
3363 S Sunrise Lane, Lake Leelanau, MI - 101' on South Lake Leelanau
Asking Price: $549,000

This extensively renovated & spacious ranch home enjoys 101’ of beautiful sandy bottom frontage on South Lake Leelanau and desirable one floor living! Features include: A bright & open great room with a custom fireplace, built-ins & lake views, 3 bedrooms & 2 baths, large main floor master bedroom suite with a gorgeous walk-in shower, remodeled kitchen with Alder cabinetry, granite countertops & stainless steel appliances, Brazilian hardwood floors throughout, attached 2+ car garage, sprinkler system, and much more! Relax on your waterside deck and enjoy the Leelanau County lifestyle today!

400 N Nanagosa Trail, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT HOME

LISTED & SOLD by Oltersdorf Realty LLC on 9/19/2014
400 N Nanagosa Trail, Suttons Bay, MI - 100' on West Grand Traverse Bay
Asking Price: $299,000

This well-priced 2 bedroom, 1 bath year-round home or vacation cottage offers 100’ of direct West Bay frontage, 1200 finished sq ft, birch kitchen cabinetry, butcher block counter-tops and tile back splash, knotty pine interior, wood floors, many new windows and a 2 car attached garage + workshop! You won’t find a more affordable waterfront home on this quiet street offering paved county maintained roads, natural gas, and high speed cable! Showings to be on Sunday's only (by appointment).

13815 SW Spring Creek Road, Fife Lake - SOLD

SOLD FIFE LAKE RIVERFRONT HOME

LISTING SOLD by Oltersdorf Realty LLC on 9/19/2014
13815 SW Spring Creek Road, Fife Lake, MI - 322' on the Manistee River
Asking Price: $350,000

Enjoy the peaceful privacy and wildlife while living directly on the picturesque Manistee River! This beautiful log sided home is situated on an exceptional parcel offering 322 feet of direct frontage and over 1.5 acres! Built in 2003, the 1800+ sq ft home features an open great room with incredible cathedral ceilings, gas fireplace, river views throughout, separate family room addition with built-ins, forced air furnace and an additional geothermal heating system, generator, large wrap around deck, and 2 covered porches! Outbuildings include a heated 24’x28’ garage featuring a finished upper level bunk space, 12’x24’ “workshop” with electrical, and a 12’x16’ shed ideal for the rest of the toys!

N Vincer Way Lot 15, Northport - SOLD

SOLD NORTHPORT VACANT LOT

LISTING SOLD by Oltersdorf Realty LLC on 9/22/2014
N Vincer Way Lot, Lot 15, Northport, MI - 0.93 Acres
Asking Price: $23,300

This .93 acre beautifully wooded building site is located within a wonderful low traffic development featuring: rolling topography and mature hardwoods, u/g utilities, Village sewer access, private wells and private road! All within walking distance of the charming Village of Northport amenities, a large Lake Michigan public marina, restaurants, shopping, community center, indoor swimming pool, schools, beautiful sandy beaches and parks! Buyer to assume balance of sewer assessment at closing.

10 Acres S Center Otto Road, Suttons Bay - NEW LISTING

NEW LISTING

$79,000 - S Center Otto Road, Suttons Bay - 10.06 Acres

This beautiful 10 acre building site offers rolling countryside views and a central Leelanau County location only 4 miles to Suttons Bay and 14 miles to downtown Traverse City! Outbuildings are allowed and reasonable restrictions are in place. Close to the golf course, the Leelanau TART Trail, and Lake Leelanau water access!

1109 S Nanagosa Trail, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT HOME

LISTING SOLD by Oltersdorf Realty LLC on 9/12/2014
1109 S Nanagosa Trail, Suttons Bay, MI - 100' on West Grand Traverse Bay
Asking Price: $439,000

Direct West Bay frontage and stunning panoramic views are enjoyed from this quality 4 bedroom, 2 bath Lindal Cedar home featuring an open floor plan, spacious living room and dining area with a brick fireplace, a wonderful kitchen with custom Woodmode cabinetry & breakfast bar, main level master bedroom with direct bath access, and a second level waterside master bedroom option with a large private covered porch! Exterior upgrades include cedar siding, extensive high quality composite decking and stairs to the beach, custom stone patio at the water’s edge, dock, newer roof & mechanicals, and a unique brick paver driveway on a deep wooded lot! A 2 car garage, partial basement, and cement crawl space provide additional storage areas.

10.37 Acres N Swede Road, Northport - SOLD

SOLD NORTHPORT VACANT ACREAGE PARCEL

LISTING SOLD by Oltersdorf Realty LLC on 9/8/2014
N Swede Road, Northport, MI - 10.37 Acres in Leelanau Township
Asking Price: $79,000


Open meadows ideal for horses, beautiful rolling woods with mature hardwoods, and an abundance of wildlife is found on this outstanding 10.37 acre Leelanau County building site. Centrally located within 15 minutes of the charming Villages of Leland, Northport, Omena and Suttons Bay this parcel is ideal for a primary or second home! Site evaluation and property survey have been completed and are available.

4338 N Deerfield Lane, Traverse City - SOLD

SOLD TRAVERSE CITY HOME

SOLD by Oltersdorf Realty LLC on 8/27/2014
4338 N Deerfield Lane, Traverse City, MI - Near Downtown Traverse City
Asking Price: $169,900

Fantastic location just outside of the downtown Traverse City limits! This 2 story, 4 bedroom, 2110+ sq ft home offers an open layout, full basement, attached garage, large yard, sewer, and is very close to schools, shopping, restaurants, Munson Hospital, and much more!

Photos provided by the Traverse City Area Association of Realtors.

501 S Nanagosa Trail, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT PARCEL

LISTING SOLD by Oltersdorf Realty LLC on 8/29/2014
501 S Nanagosa Trail, Suttons Bay, MI - 100' on West Grand Traverse Bay
Asking Price: $219,000

  

Fantastic price for this vacant lot offering 100’ of direct private frontage on West Bay just minutes from Suttons Bay and close to the many amenities of Traverse City! Site Survey on file showing soil conditions approved for drain field system. Nanagosa Trail is a neighborhood of quality homes on a county maintained road with natural gas, electric, cable, and high speed internet. 

268 Island View Drive, Traverse City - SOLD

SOLD ISLAND LAKE WATERFRONT HOME

SOLD by Oltersdorf Realty LLC on 8/15/2014
268 Island View Drive, Traverse City, MI - 100' on Island Lake
Asking Price: $549,900

Spectacular Island Lake waterfront home built in 2003 featuring 100 feet of private sandy frontage, 3 bedrooms, 3.5 baths, 3382 finished sq ft, walkout basement, stunning covered waterside deck, cement board siding, 2+ car garage, and much more! Only 20 minutes to downtown Traverse City yet away from it all!

Lake Michigan Water Levels - August 2014

Current Lake Michigan Water Levels 

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 August 8, 2014. The current Lake Michigan water levels are 15+ inches higher than a year ago on August 8, 2013!

August 8, 2014                   578.97 feet

Difference from July 8, 2014:                                  + 1 inch
Difference from August 8, 2013:                             + 15 inches
Difference from long term average:                         - 3 inches
Difference from highest monthly average (1986) :   -36 inches
Difference from lowest monthly average (1964):     +28 inches
Projected change in levels by Sep 8, 2014:              0 inches

 

Click here to open/download the full report for the current month:
http://w3.lre.usace.army.mil/hh/GreatLakesWaterLevels/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/GreatLakesInformation/GreatLakesWaterLevels/WaterLevelForecast/WeeklyGreatLakesWaterLevels.aspx

517 Rose Street, Traverse City – SOLD

SOLD DOWNTOWN TRAVERSE CITY HOME

SOLD by Oltersdorf Realty LLC on 7/31/2014
517 Rose Street, Traverse City, MI - Charming Downtown Home
Asking Price: $154,900

Charming 100+ year old home located downtown within a short distance to all of the shopping, restaurants, bars, beaches, and everything that downtown Traverse City has to offer! Home features include 3 bedrooms, 1 bath, newer roof, remodeled kitchen, full basement, 1 car attached garage, rear porch, and a gorgeous covered front porch on a 67’x100’ lot.

Photos provided by the Traverse City Area Association of Realtors.

E Pobuda Road 3.23 Acres, Suttons Bay - SOLD

SOLD SUTTONS BAY VACANT PARCEL

LISTED & SOLD by Oltersdorf Realty LLC on 8/4/2014
E Pobuda Road, Suttons Bay, MI - 3.23 Acres
Asking Price: $21,000

Affordable 3.23 acre level building site located between Suttons Bay and Omena in beautiful Leelanau County! Ideal horse property, current township zoning is agricultural allowing for construction of an outbuilding before the construction of a primary home (buyer to confirm with township zoning administrator).

485 S Nanagosa Trail, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT PARCEL

LISTED & SOLD by Oltersdorf Realty LLC on 7/25/2014
485 S Nanagosa Trail, Suttons Bay, MI - 100' on West Grand Traverse Bay
Asking Price: $175,000

  

Fantastic opportunity to purchase an affordable waterfront vacant parcel on West Grand Traverse Bay with 100 feet of direct private frontage offering sunrise views of Old Mission Peninsula! Nanagosa Trail is a low traffic neighborhood of quality waterfront homes on a county maintained road with natural gas, electric, cable, and high speed internet. Soil Evaluations are on file, this is a holding tank lot.