Interested in how the market was doing December 2016?
52 Homes Sold in Emmet County- (down 7 homes sold from the previous month)
Alanson – 3 Homes
Bay Harbor – 2 Condos (1 Water Front)
Harbor Springs – 16 Homes (incl. 6 Condos- 1 with Water Access, 4 Water Front Homes & 1 with Water Access)
Levering – 1 Home
Mackinaw City – 2 Homes (1 with Water Front)
Oden – 1 Home
Pellston- 3 Homes
Petoskey – 24 Homes (incl. 8 Condos – 1 with Water Access & 1 Water Front Home)
- The longest marketing time for homes sold in December 2016 was 1240 days.
- The shortest marketing time was 17 days and the average marketing time was 212 days.
- The highest list price of homes sold in December 2016 was $1,250,000. The lowest list price of homes sold was $19,900.
- The average sale price was $252,551.
- The highest sale price of homes sold in December was $1,050,000. The lowest sale price was $19,900.
- The average sale price was $228,237.
- 2 homes were sold before listed and 2 were sold after expired. 28 of the home sales were conventional mortgages, 2 went through the VA, 18 home sales were cash, 2 went through the Rural Development program, 1 went land contract, 1 went exchange and 1 went through private funding.
Vacant Land Sold -8 properties sold
Harbor Springs – 5 properties- One 20 acre piece
Walloon – 1 Lot
Petoskey – 2 (1 Water Front lot)
- The longest marketing time for properties sold in December 2016 was 896 days.
- The shortest marketing time was 0 days.
- The average marketing time was 295 days.
- 1 property was sold before listed.
- The highest list price of properties sold in December 2016 $165,000.
- The lowest list price of property sold was $1.
- The average list price of property sold was $72,337.
- The highest sale price was $150,000.
- The lowest sale price was just $1 (for a lot in Harbor Springs).
- The average sale price was $61,250.
- The total sales volume of property sold in December 2016 was $490,001.
Data provided by the NMMLS. Compiled for you by Fairbairn Realty. Call 231-548-9336 or email email@example.com with any questions.