North West Michigan Real Estate Market – August 2018/2019 vs August 2019/2020 Comparison

North West Michigan Real Estate
Are you wondering how is North West Michigan Real Estate Market doing?  Are you wondering if you can swim the length of the pool?  Are you wondering what  your real estate market is doing ?  Are you considering selling?  Are you concerned with how deep the look is?  We don’t know that but here are the numbers year over year for the North West Michigan Real Estate Market.  It is our Year over Year Comparison for Waterfront and Off Waterfront North West Michigan Real Estate.  Check back weekly for the latest information.   
Sales by Location
24   Antrim County
16   Benzie County
58   Grand Traverse County
11   Kalkaska County
19   Leelanau County
21   Wexford County
 
Expired Listings 25
Year over Year Comparison for on & off water homes NW Michigan
 
Off Water Homes All Values 
 Current Listings       377
 Sales                          08/19 to 08/20  1,236  08/18 to 08/19 1,311
 Average DOM            8 or 2.8 Months
 Value Direction         Up 7.5%
 Market Activity          Down 5.7%      
 Inventory Supply      3.8 Months 
 
Direct Water Homes All Values
 Current Listings         70
 Sales                           08/19 to 08/20 165     08/18 to 08/19  188

 Average DOM             97 or 3.2 Months

 Value Direction           Up 12.1%
 Market Activity           Down 12.2%
 Inventory Supply        5. Months  
This information was gathered through information derived from various sources, including experience, local MLS and Robert Reamer,  General Appraiser in the State of Michigan.