Interested in how the market was doing in May 2017?

In May 2017 the Emmet County housing market saw 67 total sales as reported by the Northern Michigan MLS (NMMLS). The NMMLS reported 148 sales total in the month of May. Compared to last month of 48 homes sold in Emmet County and 98 total in the NMMLS.

• Of those 67 homes sold, some were on the market as many as 957 days and as few as 10 days.
• The average time spent on the market was 211 days for a home sold in Emmet County.
• The highest list price of homes sold was $7,900,000 while the highest sold price was $6,400,000.
• The lowest list price of homes sold was $22,599 and the lowest sale price was $17,500.
• The average list price of homes sold in Emmet County in April, 2017 was $425,876.
• The average sale price was $382,104
• The total Emmet County sales volume for May 2017 was $25,600,996 compared to April at $14,138,098.

  The location breakdown is as follows:

  Alanson – 7 Homes
  1. 3 Bdr, 1 Bth, 1,344 Sq. Ft. – Sold Cash
  2. 3 Bdr, 2 Bth, 1,856 Sq. Ft. – Sold Conventional Mortgage
  3. 5 Bdr, 1 Bth, 1,104 Sq. Ft. – Sold Cash
  4. 4 Bdr, 4 Bth, 1,800 Sq. Ft. – Sold Conventional Mortgage
  5. 2 Bdr, 1 Bth, 720 Sq. Ft. – Sold Conventional Mortgage
  6. 3 Bdr, 2 Bth, 1,456 Sq. Ft.- Sold Cash
  7. 3 Bdr, 2 Bth, 1,500 Sq. Ft. – Sold Lease Purchase

  Bay Harbor – 6 Homes (Including 2 Condos)
  1. 1 Bdr, 1 Bth, 828 Sq. Ft., Condo Sold Cash – Outside the NMMLS
  2. 5 Bdr, 4 Bth, 2,900 Sq. Ft. – Sold Land Contract
  3. 8 Bdr, 11 Bth, 10,394 Sq. Ft. – Waterfront Home Sold Conventional After Expired
  4. 2 Bdr, 2 Bth, 1,097 Sq. Ft. – Water Access Condo Sold Conventional
  5. 5 Bdr, 5 Bth, 3,445 Sq. Ft. – Water Front Sold Cash
  6. 2 Bdr, 3 Bth, 2,487 Sq. Ft. – Sold Conventional

  Brutus– 2 Homes
  1. 3 Bdr, 2 Bth, 2,072 Sq. Ft. – Sold Conventional
  2. 4 Bdr, 1 Bth, 1,860 Sq. Ft. – Sold Cash

  Carp Lake – 1 Home
  1. 2 Bdr, 1 Bth, 1,040 Sq. Ft. – Sold Conventional

  Conway – 1 Condo
  1. 1 Bdr, 1 Bth, 296 Sq. Ft., Waterfront Condo Sold Conventional

  Harbor Springs – 26 Homes (Including 2 Condos)
  1. 4 Bdr, 3 Bth, 1,328 Sq. Ft., Sold Before Listed Conventional
  2. 3 Bdr, 4 Bth, 1,300 Sq. Ft., Sold Cash
  3. 3 Bdr, 3 Bth, 2,691 Sq. Ft., Sold Cash
  4. 3 Bdr, 3 Bth, 1,770 Sq. Ft., Sold Cash
  5. 3 Bdr, 2 Bth, 2,100 Sq. Ft., Sold Conventional
  6. 2 Bdr, 4 Bth, 2,230 Sq. Ft., Sold Cash
  7. 3 Bdr, 2 Bth, 1,400 Sq. Ft., Sold Conventional
  8. 4 Bdr, 4 Bth, 2,655 Sq. Ft., Sold Conventional
  9. 3 Bdr, 3 Bth, 2,078 Sq. Ft., Sold Conventional
  10. 3 Bdr, 3 Bth, 1,080 Sq. Ft., Sold Rural Development
  11. 4 Bdr, 4 Bth, 1,823 Sq. Ft., Sold Cash
  12. 3 Bdr, 4 Bth, 2,240 Sq. Ft., Sold Cash
  13. 3 Bdr, 2 Bth, 1,750 Sq. Ft., Sold Cash
  14. 3 Bdr, 5 Bth, 2,180 Sq. Ft., Sold Cash
  15. 4 Bdr, 4 Bth, 3,288 Sq. Ft., Sold Conventional
  16. 8 Bdr, 5 Bth, 3,346 Sq. Ft., Water Access Sold Conventional
  17. 2 Bdr, 3 Bth, 1,100 Sq. Ft., Condo Sold Conventional
  18. 4 Bdr, 3 Bth, 2,400 Sq. Ft., Condo Sold Conventional
  19. 4 Bdr, 2 Bth, 1,568 Sq. Ft., Sold Land Contract
  20. 3 Bdr, 2 Bth, 1,300 Sq. Ft., Sold Cash
  21. 3 Bdr, 4 Bth, 2,325 Sq. Ft., Sold Conventional
  22. 5 Bdr, 3 Bth, 2,440 Sq. Ft., Waterfront Sold Cash
  23. 2 Bdr, 2 Bth, 1,011 Sq. Ft., Sold Cash
  24. 4 Bdr, 3 Bth, 2,544 Sq. Ft., Sold Cash
  25. 6 Bdr, 8 Bth, 5,101 Sq. Ft., Water Access Sold via Exchange
  26. 3 Bdr, 3 Bth, 1,987 Sq. Ft., Sold Conventional

  Levering – 4 Homes
  1. 3 Bdr, 1 Bth, 1,100 Sq. Ft., Sold Cash
  2. 3 Bdr, 6 Bth, 1,405 Sq. Ft., Sold FHA
  3. 2 Bdr, 1 Bth, 780 Sq. Ft., Waterfront Sold Land Contract
  4. 2 Bdr, 1 Bth, 600 Sq. Ft., Sold Cash

  Oden – 1 Condo
  2 Bdr, 3 Bth, 1,900 Sq. Ft., Waterfront Condo Sold Cash

  Pellston – 3 Homes
  1. 3 Bdr, 1 Bth, 1,586 Sq. Ft., Sold Conventional
  2. 2 Bdr, 1 Bth, 1,001 Sq. Ft., Sold Conventional
  3. 3 Bdr, 2 Bth, 2,044 Sq. Ft., Sold Cash

  Petoskey – 16 Homes Sold
  1. 5 Bdr, 2 Bth, 2,320 Sq. Ft., Sold Before Listed – Conventional
  2. 4 Bdr, 2 Bth, 1,800 Sq. Ft., Sold Conventional
  3. 3 Bdr, 1 Bth, 1,797 Sq. Ft., Waterfront Home Sold Cash
  4. 3 Bdr, 3 Bth, 1,475 Sq. Ft., Sold Cash
  5. 3 Bdr, 2 Bth, 1,235 Sq. Ft., Sold Conventional
  6. 3 Bdr, 3 Bth, 1,584 Sq. Ft., Sold Conventional
  7. 3 Bdr, 2 Bth, 1,344 Sq. Ft., Sold Land Contract
  8. 3 Bdr, 2 Bth, 1,368 Sq. Ft., Sold Conventional
  9. 4 Bdr, 4 Bth, 1,950 Sq. Ft., Sold Conventional
  10. 2 Bdr, 2 Bth, 1,258 Sq. Ft., Sold Conventional
  11. 3 Bdr, 2 Bth, 1,100 Sq. Ft., Sold Conventional
  12. 4 Bdr, 3 Bth, 3,000 Sq. Ft., Waterfront Sold Conventional
  13. 3 Bdr, 3 Bth, 3,679 Sq. Ft., Waterfront Sold Cash
  14. 4 Bdr, 3 Bth, 2,890 Sq. Ft., Sold Conventional
  15. 5 Bdr, 3 Bth, 1,600 Sq. Ft., Sold Conventional
  16. 3 Bdr, 4 Bth, 2,158 Sq. Ft., Sold Cash

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