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.
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%.
