Traverse City Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Traverse City averaged
5.97%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.78% and
one month ago for the week of 2022-05-26, the
average rate was 5.27%.
Traverse City's average rate one year ago was 3.02%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.84%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Traverse City 30 Year Fixed Rate | 2022-06-30 | 5.97% |
| Traverse City 30 Year Fixed Rate Refi | 2022-06-30 | 5.84% |
| Traverse City 15 Year Fixed Rate | 2022-06-30 | 5.02% |
| Traverse City 15 Year Fixed Rate Refi | 2022-06-30 | 4.8% |
| Traverse City 30 Year FHA | 2022-06-30 | 5.74% |
| Traverse City 30 Year FHA Refi | 2022-06-30 | 5.85% |
| Traverse City 30 Year USDA | 2022-06-30 | 5.5% |
| Traverse City 30 Year USDA Refi | 2022-06-30 | 5.48% |
| Traverse City 30 Year VA | 2022-06-30 | 5.53% |
| Traverse City 30 Year VA Refi | 2022-06-30 | 5.26% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Traverse City, MI.
Traverse City Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Traverse City, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Traverse City, MI's 250 lenders originated 7,799
loans during 2021. The total origination value was $2,015,825,000, with an average loan value of
$258,472.
The top Traverse City lender as defined by loan originations is QUICKEN LOANS, LLC, with
491 loans originated. Their average total fees are
$4,673, which is $704
higher than the next largest lender,
LAKE MICHIGAN CREDIT UNION.
The lowest fee Traverse City lenders (with over 10 loans originated) are
TEAM ONE CREDIT UNION ($519), mBank ($2,565), JPMorgan Chase Bank ($2,709), MORTGAGE CENTER L.C ($2,925) and TCF National Bank ($2,971).
The lowest rate Traverse City lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (2.30%), Ally Bank (2.71%), Bank of America (2.77%), BETTER MORTGAGE CORPORATION (2.85%) and LOANDEPOT.COM, LLC (2.91%).
Traverse City, MI Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| The Huntington National Bank | $148,360,000 | $230,525,000 | 55.4% | 11.4% |
| LAKE MICHIGAN CREDIT UNION | $258,530,000 | $217,500,000 | -15.9% | 10.8% |
| QUICKEN LOANS, LLC | $191,400,000 | $207,335,000 | 8.3% | 10.3% |
| Independent Bank | $130,900,000 | $141,890,000 | 8.4% | 7.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $61,610,000 | $125,650,000 | 103.9% | 6.2% |
| Fifth Third Bank | $77,670,000 | $88,060,000 | 13.4% | 4.4% |
| CALIBER HOME LOANS, INC. | $86,610,000 | $67,410,000 | -22.2% | 3.3% |
| JPMorgan Chase Bank | $61,885,000 | $62,080,000 | 0.3% | 3.1% |
| TCF National Bank | $158,330,000 | $59,370,000 | -62.5% | 2.9% |
| Wells Fargo Bank | $30,090,000 | $35,005,000 | 16.3% | 1.7% |
| UNION HOME MORTGAGE CORP. | $26,155,000 | $28,685,000 | 9.7% | 1.4% |
| STAUNTON FINANCIAL, INC. | $30,265,000 | $27,350,000 | -9.6% | 1.4% |
| Bank of America | $21,910,000 | $25,040,000 | 14.3% | 1.2% |
| CREDIT UNION ONE | $22,615,000 | $24,630,000 | 8.9% | 1.2% |
| LOANDEPOT.COM, LLC | $15,665,000 | $24,320,000 | 55.3% | 1.2% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $12,880,000 | $19,430,000 | 50.9% | 1.0% |
| Mercantile Bank of Michigan | $6,080,000 | $17,695,000 | 191.0% | 0.9% |
| GreenStone Farm Credit Services, FLCA | $16,395,000 | $16,945,000 | 3.4% | 0.8% |
| NEWREZ LLC | $4,330,000 | $16,895,000 | 290.2% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $20,800,000 | $16,640,000 | -20.0% | 0.8% |
| mBank | $31,450,000 | $15,590,000 | -50.4% | 0.8% |
| PNC Bank | $75,440,000 | $15,545,000 | -79.4% | 0.8% |
| AMERIFIRST FINANCIAL CORPORATION | $31,685,000 | $15,050,000 | -52.5% | 0.7% |
| Flagstar Bank, FSB | $12,845,000 | $14,620,000 | 13.8% | 0.7% |
| GREYSTONE SERVICING COMPANY LLC | $13,405,000 | n/a | 0.7% | |
| GUARANTEED RATE, INC. | $6,610,000 | $11,710,000 | 77.2% | 0.6% |
| BETTER MORTGAGE CORPORATION | $5,715,000 | $11,555,000 | 102.2% | 0.6% |
| Mortgage Research Center, LLC | $8,365,000 | $10,620,000 | 27.0% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $4,430,000 | $10,520,000 | 137.5% | 0.5% |
| Ally Bank | $3,535,000 | $9,845,000 | 178.5% | 0.5% |
| TEAM ONE CREDIT UNION | $6,875,000 | $9,610,000 | 39.8% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,980,000 | $9,350,000 | -6.3% | 0.5% |
| HOME POINT FINANCIAL CORPORATION | $8,635,000 | $9,345,000 | 8.2% | 0.5% |
| T2 FINANCIAL LLC | $9,435,000 | $8,800,000 | -6.7% | 0.4% |
| Morgan Stanley Private Bank | $6,515,000 | $8,660,000 | 32.9% | 0.4% |
| Associated Bank | $2,290,000 | $8,620,000 | 276.4% | 0.4% |
| Charles Schwab Bank, SSB | $4,500,000 | $8,475,000 | 88.3% | 0.4% |
| UBS Bank USA | $3,850,000 | $7,315,000 | 90.0% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $2,905,000 | $6,945,000 | 139.1% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,545,000 | $6,755,000 | 48.6% | 0.3% |
| WALKER & DUNLOP, LLC | $6,705,000 | n/a | 0.3% | |
| U.S. Bank | $5,155,000 | $6,610,000 | 28.2% | 0.3% |
| KeyBank | $2,495,000 | $6,570,000 | 163.3% | 0.3% |
| J. VIRGIL, INC. | $4,555,000 | $6,455,000 | 41.7% | 0.3% |
| Citizens Bank | $6,475,000 | $6,095,000 | -5.9% | 0.3% |
| MICHIGAN MUTUAL, INC. | $8,135,000 | $5,660,000 | -30.4% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,130,000 | $5,430,000 | 31.5% | 0.3% |
| GENISYS | $4,755,000 | $5,315,000 | 11.8% | 0.3% |
| Stifel Bank and Trust | $3,045,000 | $5,295,000 | 73.9% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $2,900,000 | $5,030,000 | 73.4% | 0.2% |
| BROKER SOLUTIONS, INC. | $4,715,000 | $4,700,000 | -0.3% | 0.2% |
| MORTGAGE 1 INCORPORATED | $5,600,000 | $4,540,000 | -18.9% | 0.2% |
| Frankenmuth Credit Union | $5,305,000 | $4,485,000 | -15.5% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $14,950,000 | $4,485,000 | -70.0% | 0.2% |
| Northpointe Bank | $4,695,000 | $4,345,000 | -7.5% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $4,560,000 | $4,205,000 | -7.8% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,985,000 | $4,105,000 | 37.5% | 0.2% |
| Level One Bank | $4,760,000 | $4,005,000 | -15.9% | 0.2% |
| NEW DAY FINANCIAL, LLC | $4,195,000 | $3,990,000 | -4.9% | 0.2% |
| Old National Bank | $9,510,000 | $3,855,000 | -59.5% | 0.2% |
| The Dart Bank | $3,120,000 | $3,845,000 | 23.2% | 0.2% |
| MORTGAGE CENTER L.C | $4,100,000 | $3,730,000 | -9.0% | 0.2% |
| CONSUMERS | $3,130,000 | $3,670,000 | 17.3% | 0.2% |
| Neighborhood Loans, Inc. | $4,420,000 | $3,495,000 | -20.9% | 0.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $870,000 | $3,395,000 | 290.2% | 0.2% |
| DOW CHEMICAL EMPLOYEES' | $4,085,000 | $3,365,000 | -17.6% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,520,000 | $3,360,000 | -4.5% | 0.2% |
| Carrington Mortgage Services, LLC | $1,980,000 | $3,190,000 | 61.1% | 0.2% |
| Bank of Ann Arbor | $2,640,000 | $3,180,000 | 20.5% | 0.2% |
| KELLER MORTGAGE, LLC | $4,775,000 | $3,155,000 | -33.9% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $690,000 | $3,130,000 | 353.6% | 0.2% |
| NBKC BANK | $3,000,000 | $3,080,000 | 2.7% | 0.2% |
| Comerica Bank | $7,410,000 | $3,050,000 | -58.8% | 0.2% |
| AMERICAN FINANCING CORPORATION | $1,955,000 | $2,945,000 | 50.6% | 0.1% |
| BLUELEAF LENDING, LLC | $4,385,000 | $2,900,000 | -33.9% | 0.1% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $1,195,000 | $2,810,000 | 135.1% | 0.1% |
| USAA Federal Savings Bank | $5,715,000 | $2,750,000 | -51.9% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $225,000 | $2,745,000 | 1,120.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $3,580,000 | $2,740,000 | -23.5% | 0.1% |
| First Merchants Bank | $710,000 | $2,730,000 | 284.5% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,730,000 | $2,645,000 | 52.9% | 0.1% |
| The State Bank | $4,280,000 | $2,640,000 | -38.3% | 0.1% |
| Nicolet National Bank | $2,635,000 | n/a | 0.1% | |
| REVERSE MORTGAGE FUNDING LLC | $560,000 | $2,625,000 | 368.8% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,080,000 | $2,620,000 | 142.6% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $2,530,000 | n/a | 0.1% | |
| Horizon Bank | $650,000 | $2,400,000 | 269.2% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,640,000 | $2,280,000 | 39.0% | 0.1% |
| Lake City Bank | $2,260,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $1,310,000 | $2,225,000 | 69.8% | 0.1% |
| InterContinental Capital Group, Inc | $830,000 | $2,195,000 | 164.5% | 0.1% |
| Chicago Mortgage Solutions LLC | $480,000 | $2,170,000 | 352.1% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,450,000 | $2,160,000 | -11.8% | 0.1% |
| Wildfire Credit Union | $1,080,000 | $2,130,000 | 97.2% | 0.1% |
| TIAA, FSB | $390,000 | $2,075,000 | 432.1% | 0.1% |
| City National Bank | $2,040,000 | n/a | 0.1% | |
| Isabella Bank | $4,165,000 | $2,040,000 | -51.0% | 0.1% |
| UNIVERSITY LENDING GROUP, LLC | $1,555,000 | $1,995,000 | 28.3% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $3,790,000 | $1,960,000 | -48.3% | 0.1% |
| United Bank | $585,000 | $1,920,000 | 228.2% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $2,070,000 | $1,910,000 | -7.7% | 0.1% |
| The Federal Savings Bank | $835,000 | $1,820,000 | 118.0% | 0.1% |
| ROSS MORTGAGE CORPORATION | $1,245,000 | $1,815,000 | 45.8% | 0.1% |
| ZILLOW HOME LOANS, LLC | $990,000 | $1,780,000 | 79.8% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $2,160,000 | $1,770,000 | -18.1% | 0.1% |
| NORTHERN MORTGAGE SERVICES, LLC | $1,515,000 | $1,710,000 | 12.9% | 0.1% |
| Macatawa Bank | $980,000 | $1,645,000 | 67.9% | 0.1% |
| Raymond James Bank | $2,080,000 | $1,645,000 | -20.9% | 0.1% |
| ELGA CREDIT UNION | $500,000 | $1,635,000 | 227.0% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $1,975,000 | $1,630,000 | -17.5% | 0.1% |
| United Bank of Michigan | $635,000 | $1,625,000 | 155.9% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $1,585,000 | n/a | 0.1% | |
| ChoiceOne Bank | $3,490,000 | $1,565,000 | -55.2% | 0.1% |
| 1st State Financial, Ltd. | $2,125,000 | $1,530,000 | -28.0% | 0.1% |
| 1st Source Bank | $2,100,000 | $1,500,000 | -28.6% | 0.1% |
| COMMUNITY FINANCIAL CREDIT UNION | $1,600,000 | $1,500,000 | -6.3% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $950,000 | $1,485,000 | 56.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $660,000 | $1,480,000 | 124.2% | 0.1% |
| Strong Home Mortgage, LLC | $245,000 | $1,465,000 | 498.0% | 0.1% |
| AMERICAN ADVISORS GROUP | $255,000 | $1,430,000 | 460.8% | 0.1% |
| Citibank | $2,385,000 | $1,420,000 | -40.5% | 0.1% |
| First Republic Bank | $1,385,000 | n/a | 0.1% | |
| DFCU FINANCIAL | $2,410,000 | $1,375,000 | -42.9% | 0.1% |
| County National Bank | $1,555,000 | $1,350,000 | -13.2% | 0.1% |
| LENDERFI, INC. | $400,000 | $1,330,000 | 232.5% | 0.1% |
| Luxury Mortgage Corp. | $390,000 | $1,295,000 | 232.1% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $495,000 | $1,260,000 | 154.5% | 0.1% |
| UNITED | $795,000 | $1,195,000 | 50.3% | 0.1% |
| CIBC Bank USA | $1,685,000 | $1,180,000 | -30.0% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $865,000 | $1,180,000 | 36.4% | 0.1% |
| North American Savings Bank, F.S.B. | $2,100,000 | $1,150,000 | -45.2% | 0.1% |
| Bank of England | $1,300,000 | $1,145,000 | -11.9% | 0.1% |
| Platinum Home Mortgage Corporation | $2,115,000 | $1,140,000 | -46.1% | 0.1% |
| Citizens Union Bank of Shelbyville | $1,095,000 | n/a | 0.1% | |
| Union Savings Bank | $1,075,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $1,060,000 | n/a | 0.1% | |
| Farmers Bank & Trust | $1,030,000 | n/a | 0.1% | |
| Nations Lending Corporation | $300,000 | $1,025,000 | 241.7% | 0.1% |
| First Federal Bank | $1,150,000 | $1,010,000 | -12.2% | 0.1% |
| OAK MORTGAGE, LLC | $1,255,000 | $1,005,000 | -19.9% | 0.0% |
| VIBE CREDIT UNION | $210,000 | $970,000 | 361.9% | 0.0% |
| Watermark Capital, Inc. | $530,000 | $970,000 | 83.0% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $455,000 | $950,000 | 108.8% | 0.0% |
| Baxter Credit Union | $245,000 | $930,000 | 279.6% | 0.0% |
| Dearborn Federal Savings Bank | $925,000 | n/a | 0.0% | |
| Cf Bank | $1,080,000 | $920,000 | -14.8% | 0.0% |
| Kellogg Community Credit Union | $515,000 | $915,000 | 77.7% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $1,045,000 | $890,000 | -14.8% | 0.0% |
| First Guaranty Mortgage Corporation | $155,000 | $870,000 | 461.3% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $305,000 | $870,000 | 185.2% | 0.0% |
| Michigan Educational Credit Union | $860,000 | n/a | 0.0% | |
| ARBOR FINANCIAL CREDIT UNION | $1,970,000 | $855,000 | -56.6% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $125,000 | $830,000 | 564.0% | 0.0% |
| Grand River Bank | $2,430,000 | $820,000 | -66.3% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $1,415,000 | $800,000 | -43.5% | 0.0% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $795,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $790,000 | n/a | 0.0% | |
| Dollar Bank, Federal Savings Bank | $785,000 | n/a | 0.0% | |
| Goldman Sachs Bank USA | $2,640,000 | $785,000 | -70.3% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,330,000 | $770,000 | -42.1% | 0.0% |
| United Fidelity Funding Corp. | $765,000 | n/a | 0.0% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,085,000 | $760,000 | -30.0% | 0.0% |
| American Airlines Federal Credit Union | $190,000 | $750,000 | 294.7% | 0.0% |
| Waterford Bank, N.A. | $405,000 | $750,000 | 85.2% | 0.0% |
| TOWNE MORTGAGE COMPANY | $515,000 | $740,000 | 43.7% | 0.0% |
| MIDWEST LOAN SOLUTIONS, INC. | $580,000 | $730,000 | 25.9% | 0.0% |
| MORIA DEVELOPMENT, INC. | $155,000 | $730,000 | 371.0% | 0.0% |
| West Town Bank & Trust | $730,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $560,000 | $720,000 | 28.6% | 0.0% |
| HEALTH ADVANTAGE FEDERAL CREDIT UNION | $830,000 | $690,000 | -16.9% | 0.0% |
| HOMESTEAD FUNDING CORP. | $820,000 | $690,000 | -15.9% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $285,000 | $685,000 | 140.4% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,570,000 | $685,000 | -56.4% | 0.0% |
| Honor Credit Union | $1,520,000 | $680,000 | -55.3% | 0.0% |
| BlueOx Credit Union | $670,000 | n/a | 0.0% | |
| Sunflower Bank | $1,465,000 | $670,000 | -54.3% | 0.0% |
| Adventure Credit Union | $745,000 | $660,000 | -11.4% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $660,000 | n/a | 0.0% | |
| MICHIGAN FIRST CREDIT UNION | $895,000 | $660,000 | -26.3% | 0.0% |
| STEARNS LENDING, LLC | $340,000 | $655,000 | 92.6% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $650,000 | n/a | 0.0% | |
| BNY Mellon | $745,000 | $635,000 | -14.8% | 0.0% |
| THE ANDERSON FINANCIAL GROUP, INC. | $635,000 | n/a | 0.0% | |
| SUMMIT HOME MORTGAGE, LLC | $95,000 | $630,000 | 563.2% | 0.0% |
| SUMMIT FUNDING, INC. | $1,835,000 | $625,000 | -65.9% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $970,000 | $620,000 | -36.1% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $330,000 | $620,000 | 87.9% | 0.0% |
| The North Salem State Bank | $615,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $610,000 | n/a | 0.0% | |
| ADVISORS CAPITAL, INC. | $1,720,000 | $590,000 | -65.7% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $575,000 | n/a | 0.0% | |
| WesBanco Bank, Inc. | $235,000 | $575,000 | 144.7% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,105,000 | $570,000 | -48.4% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,690,000 | $570,000 | -66.3% | 0.0% |
| EMBRACE HOME LOANS, INC. | $375,000 | $565,000 | 50.7% | 0.0% |
| First State Bank | $1,705,000 | $560,000 | -67.2% | 0.0% |
| EMM LOANS LLC | $390,000 | $545,000 | 39.7% | 0.0% |
| First Horizon Bank | $545,000 | n/a | 0.0% | |
| The National Bank of Indianapolis | $385,000 | $545,000 | 41.6% | 0.0% |
| Tri-County Bank | $500,000 | $545,000 | 9.0% | 0.0% |
| Westfield Bank, FSB | $545,000 | n/a | 0.0% | |
| United Bay Community Credit Union | $245,000 | $540,000 | 120.4% | 0.0% |
| CIBM Bank | $195,000 | $530,000 | 171.8% | 0.0% |
| FIRST HERITAGE FINANCIAL, LLC | $670,000 | $530,000 | -20.9% | 0.0% |
| Gateway First Bank | $530,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $165,000 | $525,000 | 218.2% | 0.0% |
| Ixonia Bank | $520,000 | n/a | 0.0% | |
| BNC National Bank | $425,000 | $515,000 | 21.2% | 0.0% |
| CLEARPATH LENDING | $400,000 | $515,000 | 28.8% | 0.0% |
| Discover Bank | $325,000 | $515,000 | 58.5% | 0.0% |
| Preston Home Loans Inc | $185,000 | $515,000 | 178.4% | 0.0% |
| The Old Fort Banking Company | $505,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $515,000 | $495,000 | -3.9% | 0.0% |
| EVERETT FINANCIAL, INC. | $4,795,000 | $495,000 | -89.7% | 0.0% |
| Manufacturers and Traders Trust Company | $495,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $440,000 | $475,000 | 8.0% | 0.0% |
| DAS Acquisition Company, LLC | $470,000 | n/a | 0.0% | |
| Renasant Bank | $470,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $465,000 | n/a | 0.0% | |
| Terre Haute Savings Bank | $465,000 | n/a | 0.0% | |
| PROPER RATE, LLC | $1,250,000 | $455,000 | -63.6% | 0.0% |
| NUMARK CREDIT UNION | $450,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $235,000 | $445,000 | 89.4% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $445,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $420,000 | $445,000 | 6.0% | 0.0% |
| Prosperity Home Mortgage, LLC | $445,000 | n/a | 0.0% | |
| CHERRY CREEK MORTGAGE, LLC | $2,010,000 | $440,000 | -78.1% | 0.0% |
| CoVantage Credit Union | $440,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $440,000 | n/a | 0.0% | |
| St James Mortgage Corporation | $1,030,000 | $440,000 | -57.3% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,070,000 | $440,000 | -78.7% | 0.0% |
| MMS MORTGAGE SERVICES, LTD. | $765,000 | $435,000 | -43.1% | 0.0% |
| First Federal Bank of the Midwest | $430,000 | n/a | 0.0% | |
| FIRST STATE MORTGAGE SERVICES, LLC | $495,000 | $425,000 | -14.1% | 0.0% |
| Hometown Lenders, Inc. | $250,000 | $410,000 | 64.0% | 0.0% |
| First Farmers Bank and Trust Company | $405,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $405,000 | n/a | 0.0% | |
| Visio Financial Services Inc. | $450,000 | $395,000 | -12.2% | 0.0% |
| SOFI LENDING CORP. | $520,000 | $380,000 | -26.9% | 0.0% |
| 21ST MORTGAGE CORPORATION | $850,000 | $370,000 | -56.5% | 0.0% |
| Atlantic Union Bank | $355,000 | n/a | 0.0% | |
| Countybank | $355,000 | n/a | 0.0% | |
| Prairie State Bank and Trust | $515,000 | $355,000 | -31.1% | 0.0% |
| S1L, Inc. | $355,000 | n/a | 0.0% | |
| First Savings Bank | $375,000 | $345,000 | -8.0% | 0.0% |
| Auto Club Trust, FSB | $680,000 | $340,000 | -50.0% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $300,000 | $340,000 | 13.3% | 0.0% |
| DEPARTMENT OF COMMERCE | $335,000 | n/a | 0.0% | |
| JOLT CREDIT UNION | $1,140,000 | $335,000 | -70.6% | 0.0% |
| WINGS FINANCIAL | $555,000 | $330,000 | -40.5% | 0.0% |
| Solidarity Community Federal Credit Union | $325,000 | n/a | 0.0% | |
| The Central Trust Bank | $325,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $105,000 | $325,000 | 209.5% | 0.0% |
| UNITED MORTGAGE CORP. | $375,000 | $325,000 | -13.3% | 0.0% |
| Alerus Financial | $315,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $295,000 | $315,000 | 6.8% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $1,865,000 | $315,000 | -83.1% | 0.0% |
| Independent Bank | $130,900,000 | $315,000 | -99.8% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $315,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $390,000 | $310,000 | -20.5% | 0.0% |
| Community West Credit Union | $245,000 | $305,000 | 24.5% | 0.0% |
| PHH Mortgage Corporation | $895,000 | $300,000 | -66.5% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $285,000 | n/a | 0.0% | |
| MARSHALL COMMUNITY CREDIT UNION | $215,000 | $285,000 | 32.6% | 0.0% |
| Ameris Bank | $275,000 | n/a | 0.0% | |
| CITY-COUNTY CREDIT UNION | $275,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $265,000 | n/a | 0.0% | |
| Chicago Financial Services, Inc. | $265,000 | n/a | 0.0% | |
| Gold Coast Bank | $265,000 | n/a | 0.0% | |
| GUILD MORTGAGE COMPANY | $265,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $260,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $255,000 | n/a | 0.0% | |
| HOMESITE MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
| Truist Bank | $1,045,000 | $245,000 | -76.6% | 0.0% |
| Waterstone Mortgage Corporation | $240,000 | n/a | 0.0% | |
| Guardian Savings Bank, A Federal Savings Bank | $235,000 | n/a | 0.0% | |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $735,000 | $235,000 | -68.0% | 0.0% |
| Dort Financial Credit Union | $1,090,000 | $230,000 | -78.9% | 0.0% |
| West Michigan Credit Union | $815,000 | $230,000 | -71.8% | 0.0% |
| INLAND BANK & TRUST | $225,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $225,000 | n/a | 0.0% | |
| SIGNATURE MORTGAGE CORPORATION | $235,000 | $225,000 | -4.3% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $105,000 | $225,000 | 114.3% | 0.0% |
| The Farmers National Bank of Canfield | $375,000 | $225,000 | -40.0% | 0.0% |
| A&D Mortgage LLC | $215,000 | n/a | 0.0% | |
| Farmers StateBank of Munith | $215,000 | n/a | 0.0% | |
| KS StateBank | $720,000 | $215,000 | -70.1% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $1,260,000 | $215,000 | -82.9% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $215,000 | n/a | 0.0% | |
| PLUS RELOCATION MORTGAGE, LLC | $570,000 | $215,000 | -62.3% | 0.0% |
| Texana Bank | $215,000 | n/a | 0.0% | |
| GREENWOOD | $210,000 | n/a | 0.0% | |
| CenterBank | $205,000 | n/a | 0.0% | |
| First National Bank of Brookfield | $205,000 | n/a | 0.0% | |
| Valley Central Bank | $205,000 | n/a | 0.0% | |
| Zeal Credit Union | $205,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $195,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $195,000 | n/a | 0.0% | |
| First Home Bank | $350,000 | $195,000 | -44.3% | 0.0% |
| POLARIS HOME FUNDING CORP. | $490,000 | $195,000 | -60.2% | 0.0% |
| Figure Lending LLC | $270,000 | $190,000 | -29.6% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| BOKF | $295,000 | $185,000 | -37.3% | 0.0% |
| ENVOY MORTGAGE, LTD | $195,000 | $185,000 | -5.1% | 0.0% |
| FINANCIAL PLUS CREDIT UNION | $280,000 | $175,000 | -37.5% | 0.0% |
| Hometown Equity Mortgage, LLC | $175,000 | n/a | 0.0% | |
| INTOUCH CREDIT UNION | $175,000 | n/a | 0.0% | |
| Plains Commerce Bank | $175,000 | n/a | 0.0% | |
| Oxford Bank & Trust | $215,000 | $170,000 | -20.9% | 0.0% |
| Colonial Savings, F.A. | $165,000 | n/a | 0.0% | |
| First Western Trust Bank | $165,000 | n/a | 0.0% | |
| Heartland Bank | $165,000 | n/a | 0.0% | |
| The State Bank and Trust Company | $940,000 | $165,000 | -82.4% | 0.0% |
| Three Rivers Federal Credit Union | $345,000 | $165,000 | -52.2% | 0.0% |
| Triumph Bank | $770,000 | $165,000 | -78.6% | 0.0% |
| Heartland Bank and Trust Company | $155,000 | n/a | 0.0% | |
| NP, Inc. | $155,000 | n/a | 0.0% | |
| ARC HOME LLC | $145,000 | n/a | 0.0% | |
| BLG HOLDINGS, INC. | $795,000 | $145,000 | -81.8% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $385,000 | $145,000 | -62.3% | 0.0% |
| ALLIANCE CATHOLIC CREDIT UNION | $135,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $265,000 | $135,000 | -49.1% | 0.0% |
| GVC MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
| INLANTA MORTGAGE, INC. | $1,100,000 | $135,000 | -87.7% | 0.0% |
| Centier Bank | $390,000 | $130,000 | -66.7% | 0.0% |
| BM Real Estate Services, Inc. | $125,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $485,000 | $125,000 | -74.2% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $305,000 | $125,000 | -59.0% | 0.0% |
| SPRING EQ, LLC | $125,000 | n/a | 0.0% | |
| The Park National Bank | $335,000 | $125,000 | -62.7% | 0.0% |
| U S WIDE FINANCIAL LLC | $125,000 | n/a | 0.0% | |
| GERBER FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $115,000 | n/a | 0.0% | |
| ADVIA | $200,000 | $105,000 | -47.5% | 0.0% |
| Chartwell Financial, LLC | $105,000 | n/a | 0.0% | |
| T&I Credit union | $105,000 | n/a | 0.0% | |
| COMMUNITY CHOICE CREDIT UNION | $140,000 | $95,000 | -32.1% | 0.0% |
| Great Southern Bank | $95,000 | n/a | 0.0% | |
| MICHIGAN ONE COMMUNITY Credit Union | $65,000 | $85,000 | 30.8% | 0.0% |
| Northstar Bank | $75,000 | $85,000 | 13.3% | 0.0% |
| Wanigas Credit Union | $525,000 | $85,000 | -83.8% | 0.0% |
| INOVA FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| LAFCU | $55,000 | n/a | 0.0% | |
| PREFERRED CREDIT UNION | $165,000 | $55,000 | -66.7% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% |
Traverse City's top lender by overall market share is The Huntington National Bank, with 11.4% market share. In second place, with 10.8%, is LAKE MICHIGAN CREDIT UNION, having originated $217,500,000 in loans. In third place, with 10.3%, is QUICKEN LOANS, LLC, having originated $207,335,000 in loans. In third place, with 7.0%, is Independent Bank, having originated $141,890,000 in loans. In third place, with 6.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $125,650,000 in loans.
Traverse City, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 2,829 | $675,175,000 | $238,662 |
| Home Purchase | 2,229 | $773,635,000 | $347,077 |
| Cash Out Refi | 1,980 | $453,540,000 | $229,061 |
| Home Improvement | 390 | $44,810,000 | $114,897 |
| Other | 371 | $68,665,000 | $185,081 |
Traverse City's most frequently cited loan purpose was Refi, with 2,829 originations. The 2nd most popular reason was Home Purchase, with 2,229 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 3,212 | $858,730,000 | $267,351 |
| 3-4% | 2,922 | $721,480,000 | $246,913 |
| <2.5% | 1,298 | $377,440,000 | $290,786 |
| 4-5% | 202 | $30,980,000 | $153,366 |
| 5-6% | 60 | $13,480,000 | $224,667 |
| Over 8% | 37 | $2,365,000 | $63,919 |
| 6-7% | 21 | $2,115,000 | $100,714 |
| 7-8% | 16 | $980,000 | $61,250 |
During 2021, Traverse City's most frequently originated rate bucket was 2.5-3%, with 3,212 originations.
Loan Sizing (Traverse City, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,923 | $798,955,000 | $273,334 |
| $100k-200k | 2,762 | $416,010,000 | $150,619 |
| $100,000 or less | 1,011 | $67,255,000 | $66,523 |
| $400k-600k | 777 | $374,325,000 | $481,757 |
| $600k-1000k | 230 | $173,770,000 | $755,522 |
| $Over $1MM | 96 | $185,510,000 | $1,932,396 |
Traverse City's loan sizing saw the bucket of loans from $200k-400k with 2,923 originations, totaling $798,955,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 2,575 | $803,945,000 | $312,212 |
| 80-100% | 1,832 | $557,640,000 | $304,389 |
| 40-60% | 1,713 | $403,305,000 | $235,438 |
| 20-40% | 964 | $163,350,000 | $169,450 |
| Under 20% | 476 | $36,990,000 | $77,710 |
| Over 100% | 29 | $10,065,000 | $347,069 |
Traverse City's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 2,575 originations, totaling $803,945,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Traverse City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $329,900 (4.1%) | $467,837 (1.6%) | 1.21 | 1,141 |
| 2018-02-01 | $329,450 (5.4%) | $470,023 (4.0%) | 1.19 | 1,108 |
| 2018-03-01 | $329,500 (4.6%) | $466,547 (3.7%) | 1.14 | 1,155 |
| 2018-04-01 | $329,700 (6.7%) | $473,199 (7.7%) | 1.11 | 1,235 |
| 2018-05-01 | $334,450 (9.7%) | $478,238 (8.1%) | 1.12 | 1,371 |
| 2018-06-01 | $326,900 (3.1%) | $469,404 (4.5%) | 1.09 | 1,586 |
| 2018-07-01 | $320,000 (-1.5%) | $458,499 (0.0%) | 1.07 | 1,745 |
| 2018-08-01 | $319,900 (-1.6%) | $457,497 (-2.6%) | 1.07 | 1,769 |
| 2018-09-01 | $315,000 (-3.1%) | $456,053 (-1.1%) | 1.05 | 1,746 |
| 2018-10-01 | $311,450 (-4.9%) | $456,467 (-1.8%) | 1.04 | 1,692 |
| 2018-11-01 | $316,950 (-4.5%) | $463,660 (-2.4%) | 1.06 | 1,596 |
| 2018-12-01 | $319,900 (-5.2%) | $476,072 (-0.5%) | 1.10 | 1,392 |
| 2019-01-01 | $316,900 (-3.9%) | $475,600 (1.7%) | 1.09 | 1,275 |
| 2019-02-01 | $312,400 (-5.2%) | $472,262 (0.5%) | 1.05 | 1,233 |
| 2019-03-01 | $323,246 (-1.9%) | $477,437 (2.3%) | 1.05 | 1,228 |
| 2019-04-01 | $330,138 (0.1%) | $479,727 (1.4%) | 1.04 | 1,234 |
| 2019-05-01 | $337,400 (0.9%) | $487,318 (1.9%) | 1.04 | 1,351 |
| 2019-06-01 | $339,500 (3.9%) | $496,243 (5.7%) | 1.04 | 1,536 |
| 2019-07-01 | $339,850 (6.2%) | $500,321 (9.1%) | 1.06 | 1,600 |
| 2019-08-01 | $335,614 (4.9%) | $499,264 (9.1%) | 1.06 | 1,609 |
| 2019-09-01 | $330,614 (5.0%) | $494,120 (8.4%) | 1.05 | 1,613 |
| 2019-10-01 | $348,750 (12.0%) | $512,329 (12.2%) | 1.11 | 1,382 |
| 2019-11-01 | $359,900 (13.6%) | $532,978 (15.0%) | 1.16 | 1,106 |
| 2019-12-01 | $359,900 (12.5%) | $542,194 (13.9%) | 1.20 | 998 |
| 2020-01-01 | $359,900 (13.6%) | $547,819 (15.2%) | 1.20 | 891 |
| 2020-02-01 | $384,900 (23.2%) | $570,503 (20.8%) | 1.24 | 804 |
| 2020-03-01 | $394,950 (22.2%) | $570,860 (19.6%) | 1.23 | 784 |
| 2020-04-01 | $396,950 (20.2%) | $571,024 (19.0%) | 1.24 | 807 |
| 2020-05-01 | $399,000 (18.3%) | $585,184 (20.1%) | 1.21 | 857 |
| 2020-06-01 | $410,000 (20.8%) | $600,532 (21.0%) | 1.20 | 873 |
| 2020-07-01 | $397,400 (16.9%) | $615,947 (23.1%) | 1.14 | 775 |
| 2020-08-01 | $390,000 (16.2%) | $620,086 (24.2%) | 1.11 | 722 |
| 2020-09-01 | $389,250 (17.7%) | $623,629 (26.2%) | 1.11 | 624 |
| 2020-10-01 | $395,000 (13.3%) | $650,827 (27.0%) | 1.13 | 555 |
| 2020-11-01 | $399,900 (11.1%) | $676,370 (26.9%) | 1.15 | 475 |
| 2020-12-01 | $392,500 (9.1%) | $676,020 (24.7%) | 1.15 | 430 |
| 2021-01-01 | $406,000 (12.8%) | $621,643 (13.5%) | 1.19 | 346 |
| 2021-02-01 | $423,950 (10.2%) | $668,069 (17.1%) | 1.22 | 276 |
| 2021-03-01 | $424,950 (7.6%) | $703,182 (23.2%) | 1.19 | 272 |
| 2021-04-01 | $439,500 (10.7%) | $726,748 (27.3%) | 1.18 | 260 |
| 2021-05-01 | $450,000 (12.8%) | $723,577 (23.7%) | 1.18 | 317 |
| 2021-06-01 | $492,000 (20.0%) | $764,530 (27.3%) | 1.28 | 352 |
| 2021-07-01 | $450,950 (13.5%) | $740,591 (20.2%) | 1.17 | 358 |
| 2021-08-01 | $457,950 (17.4%) | $742,036 (19.7%) | 1.20 | 386 |
| 2021-09-01 | $450,000 (15.6%) | $746,622 (19.7%) | 1.18 | 378 |
| 2021-10-01 | $424,900 (7.6%) | $727,159 (11.7%) | 1.12 | 355 |
| 2021-11-01 | $412,450 (3.1%) | $749,596 (10.8%) | 1.09 | 313 |
| 2021-12-01 | $417,450 (6.4%) | $770,770 (14.0%) | 1.11 | 267 |
| 2022-01-01 | $435,000 (7.1%) | $813,185 (30.8%) | 1.16 | 227 |
| 2022-02-01 | $442,500 (4.4%) | $837,659 (25.4%) | 1.13 | 204 |
| 2022-03-01 | $499,000 (17.4%) | $912,454 (29.8%) | 1.23 | 207 |
| 2022-04-01 | $485,000 (10.4%) | $918,464 (26.4%) | 1.14 | 217 |
| 2022-05-01 | $499,000 (10.9%) | $897,011 (24.0%) | 1.12 | 301 |
| 2022-06-01 | $509,500 (3.6%) | $896,202 (17.2%) | 1.13 | 399 |
Traverse City's median listing price for 2022-06-01 was $509,500, a difference of
$17,500
(3.6%) versus the prior year and
$10,500 versus the prior month.
Traverse City's median listing price comes in at 113% of the national average.
Traverse City's average listing price for 2022-06-01 was $896,202, a difference of $131,672 (17.2%) versus the prior year and $-809 versus the prior month.
For the 2022-06-01 period, Traverse City had 399 MLS listings, a difference of 98 listings (33%) versus the prior month and 47 listings (13%) versus the prior year.
Traverse City's median listing price comes in at 113% of the national average.
Traverse City's average listing price for 2022-06-01 was $896,202, a difference of $131,672 (17.2%) versus the prior year and $-809 versus the prior month.
For the 2022-06-01 period, Traverse City had 399 MLS listings, a difference of 98 listings (33%) versus the prior month and 47 listings (13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Traverse City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 138 days | 1,723 sqft |
| 2018-02-01 | 136 days | 1,712 sqft |
| 2018-03-01 | 143 days | 1,741 sqft |
| 2018-04-01 | 99 days | 1,739 sqft |
| 2018-05-01 | 68 days | 1,772 sqft |
| 2018-06-01 | 56 days | 1,793 sqft |
| 2018-07-01 | 63 days | 1,777 sqft |
| 2018-08-01 | 73 days | 1,800 sqft |
| 2018-09-01 | 84 days | 1,808 sqft |
| 2018-10-01 | 94 days | 1,754 sqft |
| 2018-11-01 | 102 days | 1,739 sqft |
| 2018-12-01 | 117 days | 1,740 sqft |
| 2019-01-01 | 129 days | 1,698 sqft |
| 2019-02-01 | 139 days | 1,656 sqft |
| 2019-03-01 | 140 days | 1,649 sqft |
| 2019-04-01 | 111 days | 1,650 sqft |
| 2019-05-01 | 70 days | 1,683 sqft |
| 2019-06-01 | 57 days | 1,740 sqft |
| 2019-07-01 | 61 days | 1,726 sqft |
| 2019-08-01 | 71 days | 1,728 sqft |
| 2019-09-01 | 74 days | 1,728 sqft |
| 2019-10-01 | 87 days | 1,747 sqft |
| 2019-11-01 | 102 days | 1,768 sqft |
| 2019-12-01 | 122 days | 1,739 sqft |
| 2020-01-01 | 138 days | 1,679 sqft |
| 2020-02-01 | 147 days | 1,663 sqft |
| 2020-03-01 | 119 days | 1,672 sqft |
| 2020-04-01 | 117 days | 1,698 sqft |
| 2020-05-01 | 109 days | 1,762 sqft |
| 2020-06-01 | 104 days | 1,796 sqft |
| 2020-07-01 | 75 days | 1,935 sqft |
| 2020-08-01 | 79 days | 1,900 sqft |
| 2020-09-01 | 86 days | 1,850 sqft |
| 2020-10-01 | 78 days | 1,800 sqft |
| 2020-11-01 | 80 days | 1,668 sqft |
| 2020-12-01 | 92 days | 1,622 sqft |
| 2021-01-01 | 109 days | 1,621 sqft |
| 2021-02-01 | 107 days | 1,615 sqft |
| 2021-03-01 | 64 days | 1,642 sqft |
| 2021-04-01 | 55 days | 1,678 sqft |
| 2021-05-01 | 45 days | 1,720 sqft |
| 2021-06-01 | 41 days | 1,830 sqft |
| 2021-07-01 | 44 days | 1,811 sqft |
| 2021-08-01 | 43 days | 1,768 sqft |
| 2021-09-01 | 44 days | 1,776 sqft |
| 2021-10-01 | 54 days | 1,738 sqft |
| 2021-11-01 | 61 days | 1,723 sqft |
| 2021-12-01 | 69 days | 1,635 sqft |
| 2022-01-01 | 70 days | 1,560 sqft |
| 2022-02-01 | 76 days | 1,517 sqft |
| 2022-03-01 | 65 days | 1,517 sqft |
| 2022-04-01 | 44 days | 1,560 sqft |
| 2022-05-01 | 34 days | 1,684 sqft |
| 2022-06-01 | 31 days | 1,800 sqft |
Traverse City's median listing age (time on market) for 2022-06-01 was 31 days.
This
is -23%
shorter
than the same period one year ago.
Traverse City's median square footage for active listings during the 2022-06-01 period was 1,800 sqft. One year prior, the average listing was 1,830 sqft.
Traverse City's median square footage for active listings during the 2022-06-01 period was 1,800 sqft. One year prior, the average listing was 1,830 sqft.
