Another year has gone by and the numbers are in.
In 2008 there where 1001 homes and condos sold in Grand Traverse County.
This year there was a whopping 1049 homes and condos sold.
Hallelujah the recession is over in Traverse City. lol
Not much worth calculating but that's a 4.6% increase.
Well, that's more than my IRA increased. lol NOT
The record year for homes sold in Grand Traverse County was 2005 with 1360 homes and condos sold so that's still a 22.9% decrease in sales since our banner year.
In 2008 the average sold price for Traverse City homes and condos was $175,164.00
In 2009 the average sold price for homes sold in Grand Traverse County was $169,469.00
So although there was a 4.6% increase of real estate sold in Grand Traverse County, there was a decrease of 3.2% of the average sold price.
These numbers are a result of a search that I (Larry Raspbury Broker/Owner of Traverse City Buyer Agent) gather from the data provided by the Traverse Area Association of Realtors Multiple Listing Service and does not include (For Sale By Owner) sales.