February Real Estate Market Snapshot for the Clare and Gladwin County Area Homes
5105 Pleasant Drive, Beaverton, MI
Wixom Lake Waterfront $129,000
MLS #158538
Active Listings: 771 (69 new listings came on the market in January)
Average Asking Price: $103,436
Average Days on Market : 302
Range of Asking Prices: $7,500-$950,000
Sold: 34 (33 sold in January)
Average Asking Price of Sold Listings: $70,763
Average Selling Price of Sold Listings: $64,083
Average Selling Price of Sold Listings: $64,083
Average Days on Market of Sold Listings: 265 (1 day more than January)
Sellers Received: 90.5% of their asking price
Total Residential Sales Volume: $2,574,00.00 (down from $3,654,600.00 in January)
Listings Sold by Price Range
0-99,999: 41 (up from 32 in January)
100,000-199,999: 6 (same as January)
200,000-299,999: 0 (down from 1 in January)
300,000-399,999: 0 (down from 1 in January)
400,000 and above: 0 (same as January)
Listings Sold by Price Range
0-99,999: 41 (up from 32 in January)
100,000-199,999: 6 (same as January)
200,000-299,999: 0 (down from 1 in January)
300,000-399,999: 0 (down from 1 in January)
400,000 and above: 0 (same as January)
Sold!
Wixom Lake Waterfront for $175,000
**47 Homes Expired off the Market in February
Absorption Rate = 1.9 Years
*This information was provided by the Clare/Gladwin Board of Realtors. The report was generated from the Multiple Listing Service, where all CGBR members' transactions are recorded. The report covers all the members' residential transactions for the month of January. Although there are no geographical boundaries defining members' service areas, the majority of CGBR transactions take place in Clare and Gladwin County.
**To understand why so many homes expire off the market unsold please click here.
2 comments:
looks like someone got a good deal on that log cabin!
Sonya very informative & keeps us in touch with the marketplace in our area.
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