There’s been no slow down in real estate sales for the five county area of Michigan.
There were more sales, fewer days on market, and higher average, median, and total sales when comparing January 2022 to January 2021. The good news is inventory is remaining fairly steady, but slightly down with 176 listings in 2022 versus 184 in January 2021.
Every County experienced a higher sales volume, except Antrim county. While their volume went down, their average, and median prices went up and days on the market was nearly half.
Grand Traverse had the highest percentage growth in dollar volume with a 39% growth. This was assisted by $3.5 million dollar home sale.