Who Sold The Most Local Real Estate in 2023?

Which local realtors sold the most real estate in 2023? The popular “Top Realtors” issue of the Traverse City Business News is out now, giving readers a look at the most successful agents in the region. 

The top-selling realtor in the region for 2023 was by RE/MAX of Elk Rapids’ Don Fedrigon, followed by RE/MAX Bayshore's Bob Brick and The Mitten Group’s Sam Flamont. The rankings are based on 2023 combined residential and commercial sales in the five-county region. Click here to view the entire list.

Residential sales for 2023 were down from 2022 for the five-county area in both units sold and overall sales volume, according to year-end totals from the Northern Michigan Multiple Listing Service (MLS). But what is up is the average sales price of a home, reaching a new record high of $502,697, which is significantly higher than the prior year’s record high of $466,940. Though inventory remains tight and mortgage interest rates have nearly doubled since 2022, demand hasn’t waned much.

This month's TCBN also includes a host of additonal real estate stories, including reaction to the much-discussed National Assocation of Realtors lawsuit and a look at unique local properties on the market.

In the healthcare section, writer Rick Haglund asks "Can Munson Remain Independent In A Wave of Michigan Hospital Mergers?" The education section includes a feature on how a Great Lakes bottom mapping project could boost the local and regional economies.

Click here to subcribe to the TCBN, and click here find out where you can pick up a copy.