Pellston, MI Real Estate News

By Stefan Scholl, Northern Michigan Real Estate
(Buyer's Broker of Northern Michigan, LLC)
In the Pellston School District, 31 residential sales were reported in 2007, down from 34 sales in 2006, a decline of almost 9%.  Despite the weakness in sales volume, prices actually improved somewhat.  The average sales price increased from $119,191 in 2006 to $140,733 in 2007.  The median sales price also increased, from $100,790 in 2006 to $106,940 in 2007, an increase of over 6%.  Note: Market information courtesy of Emmet Ass'n of Realtors.  Pellston real estate sales include single family homes, farms and condominiums.  
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