MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Alger County, Michigan.
According to the latest data, Alger County’s Median Sale Price was pegged at $220,250, showing an increase of 3.7% from the preceding month and a rise of 8.1% from the year before.
During this period, 6 homes were sold in the area, reflecting an increase 20.0% compared to the month beforeand and a decrease of 40.0% from the same month in the previous year.
Furthermore, homes in Alger County were on the market for an average of 30 days before selling, reflecting a decrease of 30 days days month-over-month and a decrease of 9 days day year-over-year.
With the Market Pulse Score sitting at 85, the trend in Alger County’s housing market seems to be falling.
For more information about the Alger County, Michigan market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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