Harbor Springs Real Estate Market - 2017 was a Great Year Up North in the Harbor Springs Area

The Northern Michigan Real Estate Market - including Harbor Springs and the Petoskey Areas - boasted  significant increases in sales activity in most classifications in 2017 over 2016 - particularly the Luxury Market.

See the table below for details.

For additional details please call or text me at 231-330-5102 or email me at Sue@RealEstateInHarborSprings.com.

To create your own search for properties - please visit my Coldwell Banker website - where you can search and save listings of your choice:  Sue's Website

I can also help you sell your home.  The market is moving and there is a shortage of listings.  Let me know how I can help.  Call or text me at 231-330-5102.

Area Residential Real Estate Sales* 2016 2017 % Change
  Qty Median Price Qty Median Price Qty Median Price
Emmet County 644 $184,000 696 $213,250 8.1% 15.9%
Petoskey School District 323 $205,000 324 $222,500 0.3% 8.5%
Harbor Springs School District 215 $215,000 246 $250,500 14.4% 16.5%
City of Harbor Springs 40 $267,500 45 $390,000 12.5% 45.8%
West Traverse Township (excludes Birchwood) 22 $265,000 42 $275,039 90.9% 3.8%
Birchwood Farms Golf & Country Club 22 $230,000 29 $254,000 31.8% 10.4%
Lake Michigan Water Front - Harbor Springs  20 $560,662 28 $1,025,000 40.0% 82.8%
Lake Michigan Water Front - Emmet County 33 $500,000 48 $945,001 45.5% 89.0%
Homes Sold Over $1,000,000 - Emmet County 26 $1,661,250 40 $1,487,000 53.8% -10.5%
Homes Sold Over $1,000,000 - Harbor Springs  7 $1,837,500 20 $1,487,500 185.7% -19.0%
Homes Sold Over $1,000,000 - Petoskey  19 $1,550,000 20 $1,454,500 5.3% -6.2%
             
* per Northern Michigan MLS 2016 & 2017 data            

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