Annual Average 30 Year Fixed-Rate Mortgage Rates
The annual average 30 year fixed mortgage rates increased slightly in December 2016 up to 4.20%. Above you will find the historical monthly average rate dating back to 2006.
3246 Holiday View Drive, Traverse City - SOLD
SOLD TRAVERSE CITY HOME
LISTING SOLD by Oltersdorf Realty LLC on 12/22/2016
3246 Holiday View Drive, Traverse City, MI - 4 Bedroom, 3 Bath Holiday Hills Home
Asking Price: $239,000
Desirable Holiday Hills location offering 2300+ finished sq ft of living area, 4 bedrooms, 3 baths, a great room with tongue-and-groove cathedral ceilings & hardwood floors, deck with partial water views, private master bedroom suite with a walk-in closet and beautiful tiled shower, partially finished walkout lower level, attached 2 car garage, A/C, sprinkler system, and a low maintenance private rear yard backing to Mt. Holiday ski resort! Fantastic east side neighborhood!
6100 S Grapevine Trail, Suttons Bay – SOLD
SOLD SUTTONS BAY HOME
LISTING SOLD by Oltersdorf Realty LLC on 12/14/2016
6100 S Grapevine Trail, Suttons Bay, MI - 3 Bedroom Home on 4.00 Acres
Asking Price: $225,000
Situated in a convenient location between Suttons Bay & Traverse City this 3 bedroom home on 4.00 acres offers picturesque views of the rolling countryside nestled within vineyards & orchards, and is adjacent to the Leelanau Trail! Home features include 1500 finished sq ft, vaulted ceilings, unfinished basement area prepped for a 4th bedroom and additional bath, low maintenance vinyl exterior siding, covered front porch, rear deck, and an attached 2 car garage. Step out your front door and hop on the paved recreational Trail for a bike ride to downtown Traverse City or Suttons Bay!
10 Acres on N Manitou Trail (M-22), Northport - Sold
SOLD NORTHPORT 10 ACRE PARCEL
SOLD by Oltersdorf Realty LLC on 12/9/2016
N Manitou Trail (M-22), Northport, MI - 10.00 Acre Wooded & Rolling Parcel
Asking Price: $65,400
This beautiful wooded and rolling 10 acre parcel is located just 3 miles southwest of the charming Village of Northport in northern Leelanau County. The quiet parcel is zoned residential and has no deed or building restrictions and is accessed off of a county maintained road. *Listing Photos provided Century 21 Northland - Source: Northern Great Lakes Realtors MLS.
2016 Lake Michigan Water Levels
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 December 2, 2016.
December 2, 2016 579.24 feet
Difference from December 2, 2015: 0 inches
Difference from long term average: +8 inches
Difference from highest monthly average (1986) : -29 inches
Difference from lowest monthly average (2012): +36 inches
Projected change in levels by January 2, 2017: -2 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
5000 S Townhouse Dr #J-7, Cedar – SOLD
SOLD CEDAR CONDOMINIUM
LISTING SOLD by Oltersdorf Realty LLC on 12/2/2016
5000 S Townhouse Dr # J-7, Cedar, MI – Affordable Move-In Ready Leelanau County Townhouse
Asking Price: $112,000
Beautifully renovated with high quality finishes throughout including wood accents, updated kitchen & baths with granite countertops, glass shower doors and tile flooring in all bathrooms, new carpet & doors, updated windows & lighting, new decking, and so much more! This affordable 3 bedroom, 3 bath move-in ready townhouse enjoys an open living room with cathedral ceilings and a fireplace, loft, master suite, built-ins, front and rear balconies, and is situated in a quiet central location close to Lake Michigan beaches, quality golf courses, and miles of paved bike trails! Best value in Leelanau County for a vacation or year-round home!
Hidden Ridge Drive #13, Traverse City - SOLD
SOLD TRAVERSE CITY WATER VIEW PARCEL
SOLD by Oltersdorf Realty LLC on 11/18/2016
Hidden Ridge Drive #13, Traverse City, MI - Water View Lot with 237' of Shared Frontage
Asking Price: $119,000
Beautiful elevated year-round sunrise Bay views are enjoyed from this very desirable partially wooded 0.83 acre parcel located on Old Mission Peninsula just 3 miles to downtown Traverse City! Situated in a prime location within the quality Hidden Ridge Development, this lot enjoys 237’ of shared sandy beach frontage, underground utilities, city water & sewer, and low traffic paved roads!
5226 Shore View Circle, Suttons Bay – SOLD
SOLD SUTTONS BAY HOME
SOLD by Oltersdorf Realty LLC on 11/152016
5226 Shore View Circle, Suttons Bay, MI - Wonderful Leelanau County Home
Asking Price: $366,000
4 bedroom, 2.5 bath, 3,040+ sq ft Leelanau County home situated on a 0.45 acre lot in a wonderful subdivision conveniently located between Suttons Bay & Traverse City and in a quiet cul-de-sac location offering partial West Grand Traverse Bay views. *Listing Photos provided Coldwell Banker Schmidt Realtors- Source: Northern Great Lakes Realtors MLS.
5 E Juniper Trail, Leland - SOLD
SOLD DOWNTOWN LELAND HOME
SOLD by Oltersdorf Realty LLC on 11/10/2016
5 E Juniper Trail, Leland, MI – Downtown Leland Home Near N Lake Leelanau Water Access
Asking Price: $539,000
Charming cottage style Leland home offers wonderful privacy and 3 Village lots on a quiet tree lined street within one-half block of three N. Lake Leelanau beach accesses! This wonderful home features a large living/dining area with beadboard accents; main floor family room; fireplace; updated kitchen with maple cabinetry, granite countertops and stainless steel appliances; hardwood flooring throughout; 3 bedrooms, 2.5 newly remodeled baths; full basement; and beautiful brick paver patio & fire pit area!
Lot 9 & 10 S Linden Court, Cedar - SOLD
SOLD CEDAR VACANT PARCELS
LISTED & SOLD by Oltersdorf Realty LLC on 11/10/2016
Lot 9 & 10, S Linden Court, Cedar, MI - 2 Buildable Parcels near Sugar Loaf
Asking Price: $20,000
Affordable wooded building site in “Sugar Loaf Chalets” only minutes to golf courses & Good Harbor Beach and centrally located within Leelanau County close to Leland, Lake Leelanau, Cedar, Maple City, and Glen Arbor. Neighborhood features underground electric, natural gas, cable, and county maintained roads. Health Department “perc test” / site survey on file. Purchase lots 9 & 10 together for $20,000 or just one lot for $10,500.
10381 E Shady Lane, Suttons Bay - SOLD
SOLD SUTTONS BAY WATER VIEW ACREAGE
LISTED & SOLD by Oltersdorf Realty LLC on 10/31/2016
$239,900 - 10381 E Shady Lane, Suttons Bay, MI – 11.67 Acres with Water Views & Pole Barn
Asking Price: $239,900
Centrally located 11.67 acre vacant parcel features water views of West Grand Traverse Bay from several property locations, a 30x40 pole barn, and reduced building costs with a septic system, well casing, and driveway already installed! The topography gently slopes to the south and east offering vineyard potential. Current zoning allows for the property to be split several times if desired, only 10 miles to downtown Traverse City!
10950 N Shore Drive, Northport – SOLD
SOLD NORTHPORT WATERFRONT HOME
SOLD by Oltersdorf Realty LLC on 10/28/2016
10950 N Shore Drive, Northport, MI - 5 Bedroom, 4.5 Bath Home + 123 Feet of Sandy Frontage
Asking Price: $1,795,000
Absolutely gorgeous Leelanau County waterfront home situated just north of Northport on a 1.00 acre lot with 123 feet of private direct sandy water frontage on Northport Bay. This 5 bedroom, 4.5 bath home built in 2004 features 5,070+ finished sq ft, classic cottage style design and high end finishes throughout, and so much more! *Listing Photos provided Exit Realty Paramount- Source: Northern Great Lakes Realtors MLS.
2016 Leelanau County Home Sales: January - September
The 2016 3rd quarter (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, 2016 through September 30, 2016 to the same time period in 2015,2014,2013,2012, and 2011. 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.
Compared to this time last year 2016 Leelanau County Home Sales Average Price has increased +8.40%, Median Sales Price is up +5.35%, Total Sales Volume is up +28.84%, and Total Units sold has increased +18.85%.
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
2016 Grand Traverse County Home Sales: January - September
The 2016 3rd quarter (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, 2016 through September 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 +4.43%, Median Sales price has increased +8.05%, Home Sales Volume has increase +5.42%, and total number of units sold has increased +0.95% 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
4377 Buteo Drive, Traverse City - SOLD
SOLD TRAVERSE CITY WATER VIEW HOME
SOLD by Oltersdorf Realty LLC on 10/24/2016
4377 Buteo Drive, Traverse City, MI - Walkout Ranch Home + West Bay Water Views
Asking Price: $679,900
Stunning West Bay views are enjoyed from throughout this gorgeous newer walkout ranch home located in the desirable Grayhawk development just 1 mile from Munson Hospital and minutes to downtown Traverse City! Home features include over 4300+ sq ft, 5 bedrooms, 4.5 baths, open floor plan, walkout basement, and a heated attached 3+ car garage! *Listing Photos provided Century 21 Northland- Source: Northern Great Lakes Realtors MLS.
5777 Hickory Hill Trail, Traverse City - SOLD
SOLD TRAVERSE CITY WATER VIEW HOME
SOLD by Oltersdorf Realty LLC on 10/17/2016
5777 Hickory Hill Trail, Traverse City, MI - 4 Bedroom & 3.5 Bath Home with Water Views
Asking Price: $499,999
This spacious Traverse City home has it all! Located just minutes from downtown Traverse City this home sits on 5.31 acres and features West Grand Traverse Bay views, 4 bedrooms, 3.5 baths, ~5000 finished sq ft of living space, and is adjacent to Hickory Hills Park & Ski area! *Listing Photos provided Coldwell Banker Schmidt Realtors- Source: Northern Great Lakes Realtors MLS.
5516 Heritage Way, Traverse City - SOLD
SOLD TRAVERSE CITY RANCH HOME
SOLD by Oltersdorf Realty LLC on 10/12/2016
5516 Heritage Way, Traverse City, MI - West Side 3 Bedroom Home
Asking Price: $259,900
Very well maintained move-in ready ranch home located in desirable Heritage Estates just west of downtown Traverse City! Home features include 3 bedrooms, 3 baths, 2892 finished sq ft, walkout lower level, open layout, rear deck, and much more! *Listing Photos provided Bershire Hathaway Real Estate- Source: Northern Great Lakes Realtors MLS.
543 S Stony Point Road, Suttons Bay - SOLD
SOLD SUTTONS BAY HOME
LISTING SOLD by Oltersdorf Realty LLC on 10/7/2016
543 S Stony Point Road, Suttons Bay, MI - 3 Bedroom & 2 Bath Home
Asking Price: $295,000
This charming Cape Cod style home with Cedar Shake siding is located on a quiet 1.14 acre parcel just east of Suttons Bay on desirable Stony Point Peninsula and features 3 bedrooms, 2 baths, hardwood floors, vaulted ceilings, partially finished basement, oversized 2 car detached garage, and over 400+ sq ft of wonderful outdoor living spaces including a large covered front porch and a side screened-in porch.
1940 S Norvick Road, Suttons Bay - SOLD
SOLD SUTTONS BAY HOME
LISTING SOLD by Oltersdorf Realty LLC on 10/7/2016
1940 S Norvick Road, Suttons Bay, MI - Suttons Bay Township Home
Asking Price: $209,000
Situated on a beautiful 1.5 acre partially wooded countryside parcel this cedar sided uniquely designed Suttons Bay home offers 2000 sq ft of finished living area, a living room with cathedral ceilings and a brick fireplace, ceramic tile and wood flooring, zoned heating, expansive glass windows offering southwestern facing exposure, sauna, upper and lower decks, and a two car attached garage with 282 sq ft of walk-up storage! Fantastic quiet location just 2 miles to the Village of Suttons Bay and 15 minutes to Traverse City!
742 N Deer Path Trail #11, Suttons Bay - SOLD
SOLD SUTTONS BAY CONDOMINIUM
LISTED & SOLD by Oltersdorf Realty LLC on 10/7/2016
742 N Deer Path Trail #11, Suttons Bay, MI - 4 Bedroom, 3 Bath Village Condominium
Asking Price: $235,000
2 story Suttons Bay Village condominium featuring 1,950 finished sq feet with a large great room ideal for entertaining offering plentiful natural lighting and a wood burning fireplace, 3 bedrooms including a private master suite, 3 total baths, main floor den, large deck, and an attached garage. Close to fantastic association amenities including: 1200 ft of shared sandy beach, swimming pool, tennis courts, catch release pond, beautiful green space, and optional marina use. All within a short walk to restaurants, library, shopping, and the theatre!