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Property Makler
Advanced analytics for residential real estate investing | ||||||||
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Dubai, UAE US |
Dubai US Market Research
Traverse City, MI housing market
Housing market indicators
| Indicator | 2022 | 2023 | 2024 | 2025* | Change | 2022 | 2023 | 2024 | YTD |
|---|---|---|---|---|---|---|---|---|---|
| Median Listing Price per Square Feet | $292 | $307 | $300 | $317 | 4.7% | 5.1% | -2.3% | 5.7% | |
| Active Listing Count | 361 | 469 | 621 | 785 | 38.3% | 29.9% | 32.4% | 26.4% | |
| Median Days on Market | 87 | 80 | 90 | 62 | 31.8% | -8% | 12.5% | -31.1% | |
| Share of listings with price increase | 1.3% | 0.4% | 0.6% | 0.5% | |||||
| Share of listings with price decrease | 8.7% | 10.9% | 13.4% | 14.3% | |||||
* last available value
Home prices
Short term housing supply drivers
Long term housing demand drivers
Long term housing supply drivers
Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED
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