The real estate prices remain in an upward trend comparing December 2021 to December 2022. Average days on the market remained the same in comparison.
Total dollar volume rose 11% to $138,068,518 and had 7 more sales than last December as a whole, while Kalkaska and Benzie counties had fewer sales and lower total dollar sales. Leelanau had more sales and lower total volume when comparing December 2021 to December 2020 but the median sales price rose significantly (20%) compared to last year. A large sale skewed their numbers last year.
Median sales price was up 25% for all counties while the average price was up 10%.