Monday, June 3, 2013

Market Report 5/27/13 to 6/2/13

A steady week with 86 closed sales. Not record setting, but nice and steady.

218 New Listings
86  Sold Listings
302 Pending 
 
Sales By Classification
64  Residential $33,500 to $900,000 Median $165,000 Mean $220,719
19  Vacant Land $6,900 to $290,000 Median $42,500 Mean $78,765
03  Commercial $19,000  to $250,000

Sales by Location

10 Antrim County
10 Benzie County
40 Grand Traverse County
08 Kalkaska County
15 Leelanau County
03 Wexford County

Expired Listings   27

Year over Year Comparison for Grand Traverse County on & off water homes

Off Water Homes All Values 

Current Listings      608
      
Sales                     05/12 to 05/13  1,124 5/11 to 05/12  873
Average DOM         141 or 4.7 Months
Value Direction       Up 8.5%
Market Activity       Up 28.7% 
Inventory Supply    6 .5 Months
 
Direct Water Homes All Values

Current Listings      218
      
Sales                     05/12 to 05/13  177  05/11 to 05/12  162
Average DOM         212 or 7.1 Months
Value Direction       Down 2.7%
Market Activity       Up 9.3%
Inventory Supply    14.8 Months  

Tuesday, May 28, 2013

Weekly Market Report 5/20/13 to 5/26/13

Activity was strong with 89 closed sales. Off water activity continues to gain significant momentum. Activity is anticipated to continue gaining momentum through the end of the year. In some market segments sellers are concerned about leaving money on the table by not asking enough. It's a fine line between over pricing and getting all you can as a seller, we haven't had that problem in a while......

369 New Listings
89  Sold Listings
293 Pending 

Sales By Classification

69  Residential $6,000 to $945,000 Median $180,000 Mean $231,656
16  Vacant Land $11,600 to $318,000 Median $27,750 Mean $71,656
04  Commercial $465 (Lease) to $350,000 

Sales by Location

06 Antrim County
09 Benzie County
53 Grand Traverse County
06 Kalkaska County
14 Leelanau County
01 Wexford County

Expired Listings   45

Year over Year Comparison for Grand Traverse County on & off water homes

Off Water Homes All Values 

 Current Listings        607
 Sales                         05/12 to 05/13  1,102 5/11 to 05/12  873
 Average DOM           140 or 4.7 Months
 Value Direction        Up 8.1%
 Market Activity        Up 26.2% 
 Inventory Supply     6 .6 Months

Direct Water Homes All Values

Current Listings       207
Sales                        05/12 to 05/13  174  05/11 to 05/12  162
Average DOM             214 or 7.1 Months
         Value Direction          Down 2.7%
         Market Activity           Up 7.4%
         Inventory Supply   14.3 Months  

To receive the weekly market report in your inbox please email susan@SusanHintz.com
 
*Statistics provided by Rob Reamer, Appraiser

Friday, May 10, 2013

Welcome to Household "Hintz"

Your online reference to life in Traverse City, Michigan and more.  Here you will find information regarding home buying, home selling, home decorating, home maintenance, Do It Yourself (DIY) projects, clever solutions and just about anything home and lifestyle related; including upcoming events.  So sit back, relax, and peruse the site; and then tell your family and friends!

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