Petoskey, MI real estate inventory

Inventory of in-town Petoskey homes has been running low.  Overall inventory has been down about 10% and prices have been up.  However, in May and beginning of June we seen a large increase of new listings.  Currently (as of 6/10/14) there are 39 homes for sale in the City limits.  Click Here to see all City of Petoskey homes currently for sale:  Last year through May there were 27 dales with and average sales price of $131,000 and in 2014 through May there were 21 sales with and average price of $151,000.  That is a 15.2% increase in average sales price.  I believe this is an indication of an improving market where there is greater demand than supply.  Please contact me if you are interested in more statistics on the Petoskey real estate market or are thinking of buying or selling.

Bill Winslow

Bill Winslow

Associate Broker, Manager
Contact Me

Tags