Friday, March 17, 2017

Gladwin & Clare County Homes Real Estate Market Snapshot for February

February Real Estate Market Snapshot for Gladwin and Clare County Area Homes

Featured Listing
3027 Lakeshore Drive, Gladwin
Secord Lake Waterfront Cottage!
$109,900
MLS #166933

Active Listings: 562 (71 new listings came on the market in February)
Average Asking Price: $113,621
Average Days on Market : 241
Range of Asking Prices: $7,500 - $985,000

Sold: 26 Sold in February (8 less than January)
Average Asking Price of Sold Listings: $98,368
Average Selling Price of Sold Listings: $88,971
Average Days on Market of Sold Listings: 180 (down 28 from January)
Sellers Received: 90.4% of their asking price       

Total Residential Sales Volume: $2,224,297 (down from $3,445,200 in January)
Listings Sold by Price Range
0-99,999: 18 (down 10 from January)
100,000-199,999: 7 (down 7 from January)
200,000-299,999: 1 (same as January)
300,000-399,999: 0 (down 1 from January)
400,000 and above: 0 (same as January)   


Secord Lake Waterfront Home on 1 Acre with 227 Feet of Waterfront!!
166 West Branch Drive, Gladwin
$155,000
MLS #166934 


**33 Homes Expired off the Market in February

Absorption Rate = 1.8 years






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