Schaub Team Blog

Leelanau in Demand

Posted by Jamie Jewell on Apr 15 , 2019 - 12:00 am

In a recent article (“Home Sales Off to Best Start Ever”) published by the Leelanau Enterprise, Kim Pontius, CEO of Traverse Area Association of Realtors (TAAR) was quoted, “If people want to be here [Leelanau], they are going to buy here.”

That certainly seems to be the case. In just the first two months of 2019, Leelanau has posted record real estate sales – the best two months ever, in fact.

Leelanau County Home Sales

To put the data into a bit more perspective, dollar volume for the first two months surpassed the five- year average by 73%. It stands to reason that the Median Sold Price has also increased over the previous 5-year average is 38% and the Number of Transactions has increased by 16%.