As of mid November 2010 statistics for Traverse City Michigan real estate looks fantastic. First of all, according to the Traverse Area Association of Realtors MLS data, the number of closed residential transactions is up by 3.7% over 2009 during the same 10 and 1/2 month period. As of November 16, 2010 there were 956 residential transactions in Grand Traverse County, as compared to 922 in 2009. With regard to residential volume for the Grand Traverse Area, there was an increase 9.6%. Total volume was $170,795,255 so far for 2010, as compared $155,891,856 for 2009. The average sale price for the Traverse City Real estate area also went up by 5.7%. The average sales price for 2010 was $178,656 for Grand Traverse County compared to $169,047 for 2009.
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