Wednesday, March 19, 2008

Marquette County - Real Estate Market Snapshot

Once a quarter I plan to provide a quick "snapshot" of the Marquette County Real Estate Market.

This will include only residential sales that were listed and sold in the North Central MLS in Marquette County. This does not include vacant land, multi-family units, commercial buildings, properties sold for sale by owner or sales outside of Marquette County.

There have been 61 residential sales in Marquette County from Jan. 1, 08 to Mar. 19, 08.

  • The average sale price of those residential sales was $128,878.93.
  • The average home sold had 3 bedrooms and 2 baths.
  • The average square footage was 1,787 sq ft
  • The average cost per square foot was $72.75
  • The average days on market was 168.

Sales by area...

  • Big Bay = 1
  • Gwinn = 2
  • Ishpeming = 14 *Average Sales Price $70,158.57 ; Price Per Sq. Ft. $45.00
  • Marquette = 32 *Average Sales Price $168,339.84 ; Price Per Sq. Ft. $98.81
  • Negaunee = 7 *Average Sales Price $101,585.71 ; Price Per Sq. Ft. $52.92
  • Palmer = 1
  • Republic = 4

*Data maintained by the Upper Peninsula Association of REALTORs or it's MLS is in no way responsible for it's accuracy and may not reflect all real estate activity in the market.

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