Interested in how the market was doing in April 2016?
43 Homes were sold in Emmet County
Location breakdown:
Alanson – 5 homes
Bay Harbor – 2 homes
Boyne Falls – 1 homes
Brutus– 1 homes
Harbor Springs – 13 homes (3 water front, 1 water access)
Levering – 2 homes
Petoskey – 19 homes (3 water front)
- The highest list price of homes sold was $3.5 million while the lowest list price was $17,500.
- The average list price was $471,569.
- The highest sale price of homes sold in April 2016 was $3,450,000.
- The lowest sale price was $17,000.
- The average sale price was $446,685.
- Total sales volume for Emmet County in 2016 was $19,207,475!
- The average marketing time was just 200 days.
- The home with the highest days on market was on for 722 days and was originally listed at $159,000.
- The shortest marketing time was 132 days from list to completion of sale.
Vacant Land
There were 16 vacant land sales in Emmet County in the month of April.
Location Breakdown:
Bay Harbor – 1 (water front lot)
Good Hart – 2 (1 with water access)
Harbor Springs– 7 (2 with water front, 1 with acreage over 50 acres)
Petoskey – 6 (2 with acreage between 5 -10 acres)
- Longest marketing time was 1108 days (original list price was $1,350,000 – Lake Michigan Waterfront).
- Average days on market was 229 days.
- The highest list price of land sold was $1,550,000 while the lowest was just $1! (This was for a Birchwood Farms lot.)
- The average list price was $248,937.
- The highest sale price of land listed was $1,550,000 (on market for 358 days).
- The average price of land sold was $219,962.
Data provided by the NMMLS. Compiled for you by Fairbairn Realty. Call 231-548-9336 or email admin@fairbairnrealty.com with any questions.