Gladwin & Clare County Real Estate Market Snapshot

March Real Estate Market Snapshot for the Clare and Gladwin County Area Homes

 3537 Lakeview Drive, Beaverton, MI

Wixom Lake Waterfront  $110,000

MLS #158484

Active Listings: 820 (68 new listings came on the market in February)

Average Asking Price: $102,513

Average Days on Market : 296

Range of Asking Prices: $4,900-$950,000

Sold: 35 (34 sold in February)

Average Asking Price of Sold Listings: $69,708
Average Selling Price of Sold Listings: $63,225

Average Days on Market of Sold Listings: 260 (5 days less than February)

Sellers Received: 90.6% of their asking price

 

Total Residential Sales Volume: $3,016,690.00 (up from $2,574,000.00 in February)
Listings Sold by Price Range
0-99,999: 38 (down from 41 in February)
100,000-199,999: 6 (same as February)
200,000-299,999: 3 (up from 0 in February)
300,000-399,999: 0 (same as February)
400,000 and above: 0 (same as February)

 Secord Lake Waterfront Sold in 34 Days!!!  $133,000 

**28 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.