MARCH 2017 – Emmet County Real Estate Market Report

Interested in how the market was doing in March 2017?

 


March 2017 saw 78 total sales as reported by the Northern Michigan MLS.

41 of those sales occurred in Emmet County.
Of those 41 homes sold, some were on the market as many as 1008 days and as few as 8 days.

  • The average time spent on the market was 200 days for a home sold in Emmet County.
  • The highest list price of homes sold was $1,395,000 while the highest sold price was $1,375,000.
  • The lowest list price of homes sold was $13,900 and the lowest sale price was $13,000.
  • The average list price of homes sold in Emmet County in March, 2017 was $273,285.
  • The average sale price was just a bit lower at $263,332.
  • The total Emmet County sales volume for March 2017 was $10,796,652.

    The location breakdown is as follows:
    Alanson – 1 Home
    3 Bdr, 2 Bth, 1,299 Sq. Ft. – Sold Conventional Mortgage

    Bay Harbor – 2 Homes
    1. Sold Before Listed – 4 Bdr, 4 Bth, 3,639 Sq. Ft., Sold Conventional Mortgage
    2. 4 Bdr, 4 Bth, 3,222 Sq. Ft. – Sold Cash

    Boyne Falls– 1 Home
    3 Bdr, 3 Bth, 1,689 Sq. Ft. – Sold Conventional Mortgage

    Brutus – 1 Home
    3 Bdr, 1 Bth, 1,450 Sq. Ft. – Sold Cash

    Carp Lake – 1 Home
    3 Bdr, 2 Bth, 2,376 Sq. Ft. – Sold Conventional

    Conway – 1 Condo
    1 Bdr, 1 Bth, Waterfront Condo, 867 Sq. Ft. – Sold Conventional Mortgage

    Harbor Springs – 13 Sales
    1. 3 Bdr, 2 Bth, 1,232 Sq. Ft. – Sold Conventional Mortgage
    2. 2 Bdr, 3 Bth, 1,620 Sq. Ft., Condo with Water Access
    3. 3 Bdr, 2 Bth, 1,150 Sq. Ft., Sold Cash
    4. 4 Bdr, 4 Bth, 4,605 Sq. Ft., Sold Cash
    5. 4 Bdr, 4 Bth, 2,248 Sq. Ft., Condo Sold Cash
    6. 3 Bdr, 2 Bth, 2,043 Sq. Ft., Sold Conventional
    7. 4 Bdr, 2 Bth, 1,350 Sq. Ft., Sold Conventional
    8. 3 Bdr, 4 Bth, 2,480 Sq. Ft., Sold Cash
    9. 2 Bdr, 1 Bth, 960 Sq. Ft., Sold Cash
    10. 3 Bdr, 3 Bth, 1,894 Sq. Ft., Sold Conventional
    11. Sold After Expired – 1 Bdr, 2 Bth, 994 Sq. Ft., Sold Cash
    12. 5 Bdr, 7 Bth, 3,307 Sq. Ft., Water Front, Sold Conventional
    13. 3 Bdr, 2 Bth, 1,750 Sq. Ft., Sold Conventional

    Levering – 2 Homes
    1. 3 Bdr, 3 Bth, 1,702 Sq. Ft., Sold Conventional
    2. 2 Bdr, 2 Bth, 1,740 Sq. Ft., Sold Conventional

    Mackinaw City – 1 Home
    3 Bdr, 3 Bth, 2,852 Sq. Ft., Sold Conventional

    Petoskey – 18 Homes Sold
    1. Sold After Expired – 6 Bdr, 5 Bth, 2,337 Sq. Ft., Sold Veteran’s Administration Loan
    2. 2 Bdr, 2 Bth, 1,320 Sq. Ft., Sold Conventional
    3. Sold Before Listed – 4 Bdr, 4 Bth, 2,105 Sq. Ft., Sold Conventional
    4. 4 Bdr, 2 Bth, 2,292 Sq. Ft., Sold Conventional
    5. 4 Bdr, 6 Bth, 5,723 Sq. Ft., Water Front Home Sold Conventional
    6. 2 Bdr, 3 Bth, 1,010 Sq. Ft., Condo Sold Cash
    7. 3 Bdr, 4 Bth, 1,690 Sq. Ft., Condo Sold Conventional
    8. 3 Bdr, 1 Bth, 900 Sq. Ft., Sold Cash
    9. 4 Bdr, 3 Bth, 1,743 Sq. Ft., Sold Conventional
    10. 4 Bdr, 3 Bth, 2,650 Sq. Ft., Sold Cash
    11. 3 Bdr, 2 Bth, 1,520 Sq. Ft., Sold Cash
    12. 4 Bdr, 2 Bth, 1,800 Sq. Ft., Sold Conventional
    13. 2 Bdr, 1 Bth, 897 Sq. Ft., Sold Land Contract
    14. 2 Bdr, 1 Bth, 720 Sq. Ft., Sold Cash
    15. 3 Bdr, 2 Bth, 1,239 Sq. Ft., Sold Conventional
    16. 2 Bdr, 3 Bth, 1,010 Sq. Ft. Condo Sold Conventional
    17. 4 Bdr, 3 Bth, 1,550 Sq. Ft., Sold Conventional
    18. 3 Bdr, 2 Bth, 1,092 Sq. Ft., Sold Conventional

Data provided by the NMMLS. Compiled for you by Fairbairn Realty. Call 231-548-9336 or email admin@fairbairnrealty.com with any questions.

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