The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Grand Traverse County, Michigan’s real estate market for February 2024.
For February 2024, the data showcases a Median Sale Price of $389,000 in Grand Traverse County, a rise of 5.60% from the last month and an increase 8.10% from the same period the previous year.
Sales of homes in the region saw 63 homes changing hands. This represents a decline of 6.00% from the month before and up 14.50% compared to the same month last year.
Furthermore, homes in Grand Traverse County were on the market for an average of 60 days before selling, reflecting a decrease of 2 days days month-over-month and an increase of 12 days day year-over-year.
The Market Pulse Score for Grand Traverse County comes in at 82, pointing to a declining trend within the local real estate market.
For more information about the Grand Traverse 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.
MyMarketPulse – Know What the Pros Know