Interested in how the market was doing September 2016?
Homes Sold – 73 (up 2 homes sold from the previous month)
Alanson– 10 Homes
Bay Harbor – 8 Homes ( incl.6 Condos – 1 with Water Front. 2 Homes with Water Front.)
Carp Lake – 1 Home
Conway – 1 Condo with Water Front
Harbor Springs – 25 Homes (incl. 8 Condos, 2 Condos with Water Front, 2 Condos with Water Access, 1 Home with Water Front.)
Pellston – 1 Home
Petoskey – 27 Homes
- The longest marketing time required for homes sold in September 2016 was 854 days.
- The shortest time was 0 days.
- The average marketing time was 168 days.
- 6 homes sold before they were listed and 1 home sold after it expired.
- The highest list price of homes sold in September 2016 was $2,225,000.
- The lowest list price was $29,900.
- The average list price of homes sold was $319,873.
- The highest sale price in September 2016 was $2,225,000.
- The lowest sale price was $24,000.
- The average sale price was $301,781.
- The total sales volume of homes sold in September was $22,030,050.
- While the majority of sales went conventional or cash, 4 homes sold via land contract.Vacant Land Sold – 20 units sold, 3 properties over 20 acres
Alanson – 2 acre lots with Water Access
Bay Harbor – 4 lots (2 with Water Access)
Harbor Springs – 8 (Incl. one 9 acre piece, 1 Water Front lot, and one 102 acre parcel with Water Front.
Pellston – One 26 acre parcel
Petoskey– 5 properties (3 Water Front and One 22 acre piece)
- The longest marketing time required for vacant land sold in September 2016 was 1778 days.
- The shortest marketing time was 12 days.
- The average marketing time was 328 days.
- The highest list price of land sold in September was $1,349,000.
- The lowest price was $5,000.
- The average list price was $334,755.
- The highest sale price of property in September was $1,150,000.
- The lowest sale price was $5,000.
- The average sale price was $292,328.
- The total sales volume of vacant land sold was $5,846,500.
- 2 properties sold before listed and one sold after expired.
Data provided by the NMMLS. Compiled for you by Fairbairn Realty. Call 231-548-9336 or email firstname.lastname@example.org with any questions.