The first month in which a milliondollar home sale in Leelanau County is considered “average” may be a ho-hum moment in the statistical world, but it nonetheless shows a continuation of high demand for high-end homes.
“We’re still in a very bullish time here, especially on the upper end of the market,” said Rob Serbin, owner of Serbin Real Estate in Glen Arbor. “Inventory levels are pathetically low.”
As of last week only four homes were listed for sale on Glen Lake. “Back in the day we would have 15 to 20, and people would be closing deals in September as the season wound down. Now there is squat to buy,” Serbin continued.
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