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Friday, May 30, 2025 at 10:27 PM
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Housing market ‘high and tight’

If you like the current county real estate market — and what’s not to like if you have no intentions of buying a home? — then you should be pleased by the latest sales figures. They show a remarkably stable yet tight market, with values retaining the steep gains that followed the COVID pandemic.
The Leelanau Vacation Realty sales team of, from left, Julie Zapoli, Ranae Ihme and Elizabeth Erdmann outside the LVR sales office in Glen Arbor. Enterprise photo by Alan Campbell

If you like the current county real estate market — and what’s not to like if you have no intentions of buying a home? — then you should be pleased by the latest sales figures.

They show a remarkably stable yet tight market, with values retaining the steep gains that followed the COVID pandemic.

“I am above what I did last year, but it’s so close,” said Ranae Ihme, broker at Leelanau Vacation Realty (LVR) in Glen Arbor. “It’s right on par. I never thought I could keep up with last year’s numbers.”

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