Tuesday, May 28, 2013

Gladwin and Clare County Real Estate Market Snapshot

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

 
1323 McKimmy Drive, Beaverton 
Wixom Lake Waterfront  
$169,900  
MLS #158966
 
 
 
 
 
Active Listings: 934 (132 new listings came on the market in April)
Average Asking Price: $107,050
Average Days on Market : 265
Range of Asking Prices: $7,995-$950,000
 
Sold: 49 Sold in April (41 sold in March)
Average Asking Price of Sold Listings: $81,996
Average Selling Price of Sold Listings: $75,238
Average Days on Market of Sold Listings: 249 (15 days less than March)
Sellers Received: 91.7% of their asking price
 
Total Residential Sales Volume: $3,611,458 (up from $2,594,500 in March)
Listings Sold by Price Range
0-99,999: 34 (up 2 from March)
100,000-199,999: 12 (up 6 from March)
200,000-299,999: 3 (same as March)
300,000-399,999: 0 (same as March)
400,000 and above: 0 (same as March)

sonya loose  
Secord Lake Waterfront Sold for $90,000!!

**32 Homes Expired off the Market in April
Absorption Rate = 1.6 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.


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