Real Estate Market Snapshot for Gladwin and Clare County Homes

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

 

100 Acres on Polk Avenue, Harrison, MI

Clare County Hunting Land $199,900

MLS #159197

Active Listings: 1009 (182 new listings came on the market in May)

Average Asking Price: $109,078

Average Days on Market : 254

Range of Asking Prices: $7,995-$950,000

Sold:62 Sold in May(49 sold in April)

Average Asking Price of Sold Listings: $93,928
Average Selling Price of Sold Listings: $85,809

Average Days on Market of Sold Listings: 257 (8 days more than April)

Sellers Received: 91.3% of their asking price

Total Residential Sales Volume: $5,234,350 (up from $3,611,458 in April)
Listings Sold by Price Range
0-99,999: 56 (up 22 from April)
100,000-199,999: 11 (down 1 from April)
200,000-299,999: 3 (same as April)
300,000-399,999: 2 (up 2 from April)
400,000 and above: 0 (same as April)

Sold!!  Tittabawassee Riverfront for $177,000  

**8 Homes Expired off the Market in May

Absorption Rate = 1.3 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.