Traverse City News and Events

April Real Estate Sales Figures In

May 22, 2019

Sales figures for April show a slowdown in real estate sales, both in terms of the number of homes sold and in the dollar volume generated. The 219 sales in the five counties totaled $62,932,328, at an average price of $287,362; that compares with last year’s total of 240 homes for $69,966,020, an average price of $291,525. The latter two figures represent the high water mark for sales, as do the figures for each of the counties, though the total number of homes sold in April peaked at 254 in 2016. Only Benzie County’s April sales topped last year’s mark, 20 to 19 and $4,862,200 to $3,492,700.
 
The greatest discrepancy came in the segments between $200,000 and $249,999, where 2018 sales outstripped this year, 45 to 33, and $300,000 to $499,999, with sales of 51 in April 2018 compared to 42 this past month. The average number of days a property was on market did hit a new low, at 123 days. Grand Traverse County led with way with an average of 100, while Leelanau County had the largest decrease, from 207 DOM in April 2018 to 133 this year. 

Comment

TC Planning Commission Talks Eighth Street Project, Zoning Changes

Read More >>

Dems Square Off In 37th Senate District Primary

Read More >>

Community Group Aims To Raise Thousands For Central Grade HVAC

Read More >>

Flapjack & Flannel Festival Off for 2026, Will Return in 2027

Read More >>

Garfield Township Tees Up Data Center Moratorium; Incomplete Application Submitted for Project

Read More >>

Two Proposals Emerge for City West End Property

Read More >>

Peninsula Homeowners vs. Consumers Energy: Long-Running Dispute Heads To MPSC Hearing

Read More >>

City Commissioners Approve Two-Way Streets, TIF Ballot Language

Read More >>

The 2026 Cherry Crop Report

Read More >>

OOPs 2.0: NMC Reimagines Its Innovation & Entrepreneurship Office

Read More >>

Buell Retiring at GTACS, Milliman Named Next Leader

Read More >>

City Hires Company to Operate Hickory Hills, Aims to Grow Revenue & Programming

Read More >>

DDA Talks Next Steps for Riverwalk, Market Pavilion, Rotary Square

Read More >>

TIF Ballot Language, Two-Way Streets on City Agenda

Read More >>