Kristen Rivard Traverse Real Estate
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
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