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Elk Rapids Market Trends

Today, December 21, 2009

Elk Rapids Summary

The average listing price for Elk Rapids homes for sale on Trulia was $285,514 for the week ending Dec 08, which represents a decline of 0.4%, or $1,017, compared to the prior week and a decline of 2.7%, or $7,784, compared to the week ending Nov 17.

 

Average Listing Price in Elk Rapids

Embed Info
1 yr 5 yr Max
Elk Rapids average property price
Elk Rapids – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$187,4500.0%$187,450$181,789$179,703
2 bedrooms$275,144+1.3%$271,598$275,365$283,440
3 bedrooms$292,504+0.4%$291,380$288,285$284,145
4 bedrooms$256,862-7.0%$276,266$286,192$349,540
All properties$285,514-0.4%$286,531$286,476$293,298
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Homes for Sale in Elk Rapids

120 Rivershore Drive, Elk Rapids MI
120 Rivers…
$180,000
2 br  1 ½ ba
605 Meadowview Lane, Elk Rapids MI
605 Meadow…
$159,900
2 br  2 ba
214 Lake Street, Elk Rapids MI
214 Lake St…
$109,900
3 br  1 ½ ba
7482 Huckleberry Lane, Elk Rapids MI
7482 Huckl…
$399,900
3 br  3 ba
14127 Ashwood Drive, Elk Rapids MI
14127 Ashw…
$159,900
3 br  1 ½ ba
6 M D Lane, Elk Rapids MI
6 M D Ln,…
$179,900
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Acme
$380,000
$171,548
Suttons Bay
$75,728
$394,526
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Advice

Recent Q&A in Elk Rapids, MI

Q: If I buy a residential home lot for cash, do I have to go through a title company for the closing?? 3 answers
Q: Regarding son renting w/option on house in foreclosure - 4 answers
Q: My son is renting w/option to buy. Recently he found out that the owner is going into bankruptcy and 5 answers
Q: HOW CAN I GET A CLEANING CONTRACT FROM FORECLOSURE HOMES? 22 answers
Q: If I decided to hire a new real estate agent, how can I find good agents, we no longer live in the area where our house is on sale, is there any 13 answers

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Elk Rapids Stats & Trends

  • Elk Rapids Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Elk Rapids real estate market. Find Elk Rapids properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Elk Rapids average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Elk Rapids housing statistics are available for each Elk Rapids, MI neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.