In the five county area of Grand Traverse, Leelanau, Benzie, Atrim and Kalkaska, the number of single family homes sold increased to 365 during October, surpassing the 317 homes sold at this point in 2016.
Grand Traverse, Leelanau and Benzie all saw an increase in homes sold from last year to this year. Meanwhile Atrim sold the same exact homes to date, and Kalkaska saw a slight decline in homes sold.
The most noticeable difference from last year came in the overall dollar volume. There was an increase of $29,000,000 from this point last year, and an average price increase of $47,000 per home sold. This housing market continues to climb from year to year.