Traverse City Record-Eagle

December 13, 2013

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Traverse City Record-Eagle

---- — Residential units sold Grand Traverse region

2013 2012 2011 2010 2009 2008 2007 2006 2005

Residential units sold 2,658 2,477 1,957 1,886 1,886 1,668 1,881 2,036 2,374

Avg. selling price $216,652 $201,962 $184,502 $186,410 $173,590 $201,172 $223,262 $225,002 $222,064

Median sale price $160,000 $145,000 $135,000 $137,350 $130,000 $145,000 $160,000 $165,000 $164,900

— Source: Traverse Area Association of Realtors