Michigan Real Estate Values Continue Upward Trend for Five County Area

The five counties of Grand Traverse, Leelanau, Benzie, Antrim and Kalkaska reported good news comparing single family sales from August 2016 to 2017. Higher dollar volume on sales, average price, as well as the median price all were up. This was the highest pricing in August comparing since 2009.

August dollar volume for the five-county area increased to $111,764,413 compared to $99,316,743 last year.

August average price was $289,545 compared to last year at $264,844.

The August median price also increased to $222,500 from last years $190,200.

A five year breakdown can be seen below.

 

 

 

 

 

 

 

 

 

 

 

Breakdown of Pricing

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