In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Alger County, Michigan.
The Median Sale Price for properties in Alger County was documented at $257,000 for August 2024. This price point is an upward move of 2.8% from the previous month and shows a 18.3% rise from the year before.
A total of 10 homes were sold in the region, indicating a decrease of 28.6% from last month and a drop of 50.0% when compared with a year ago.
The Median Days on Market for homes in Alger County stood at 78 days, which is an increase of 33 days days over the previous month and up by 26 days day from the previous year.
The Market Pulse Score for Alger County comes in at 117, pointing to a rising trend within the local real estate market.
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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