Kristen Rivard Traverse Real Estate

Kristen Rivard Traverse Real Estate

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06/03/2026

MARKET REPORT 5/15-5/31
180 New Listing

79 Closed Sales

238 Pending

Sales By Classification

55 Residential $90,000 to $2,400,000 Median $427,500 Mean $518,031

16 Vacant Land $5,000 to $310,000 Median $99,500 Mean $118,093

08 Commercial $400 to $705,000

Sales by Location

13 Antrim County

09 Benzie County

36 Grand Traverse County

03 Kalkaska County

10 Leelanau County

08 Wexford County



Expired Listings 79

Year over Year Comparison for Grand Traverse County on & off water homes



Off Water Homes All Values

Current Listings 288

Sales 06/25 to 05/26 922 06/24 to 05/25 895

Average DOM 73 or 2.4 Months

Value Direction Year over Year statistically even

Market Activity Up 3.0%

Inventory Supply 3.7 Month



Direct Water Homes All Values

Current Listings 47

Sales 06/25 to 05/26 122 06/24 to 05/25 98

Average DOM 68 or 2.3 Months

Value Direction Year over Year Down -5.8%

Market Activity Up 24.5%

Inventory Supply 4.6 Months
Robert J Reamer
Certified General Appraiser

05/29/2026
04/15/2026

MARKET REPORT 3/30-4/5
101 New Listing

78 Closed Sales

164 Pending

Sales By Classification

48 Residential $17,000 to $2,100,000 Median $345,000 Mean $375,622

23 Vacant Land $13,000 to $395,000 Median $75,000 Mean $89,539

07 Commercial $325 to $1,330,000

Sales by Location

06 Antrim County

06 Benzie County

42 Grand Traverse County

02 Kalkaska County

11 Leelanau County

11 Wexford County



Expired Listings 64

Year over Year Comparison for Grand Traverse County on & off water homes



Off Water Homes All Values

Current Listings 199

Sales 05/25 to 04/26 1044 05/24 to 04/25 887

Average DOM 73 or 2.4 Months

Value Direction Year over Year Down 2.3%

Market Activity Up 17.7%

Inventory Supply 2.7 Month



Direct Water Homes All Values

Current Listings 21

Sales 05/25 to 04/26 134 05/24 to 04/25 98

Average DOM 72 or 2.4 Months

Value Direction Year over Year Down -8.5%

Market Activity Up 36.7%

Inventory Supply 2.0 Months

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847 South Garfield Avenue
Traverse City, MI
49686