June Real Estate Market Snapshot for the Gladwin and
Clare County Area Homes
Active Listings: 1116 (196 new
listings came on the market in June)
Average Asking Price: $111,333
Average Days on Market : 233
Range of Asking Prices: $7,995-$875,000
Sold: 59 Sold in June (62 sold in
May)
Average Asking Price of Sold
Listings: $74,538
Average Selling Price of Sold Listings: $68,323
Average Selling Price of Sold Listings: $68,323
Average Days on Market of Sold
Listings: 302 (45 days more than May)
Sellers Received: 91.6% of their
asking price
Total Residential Sales Volume: $3,747,381 (down from $4,266,950 in May)
Listings Sold by Price Range
0-99,999: 47 (down 9 from May)
100,000-199,999: 10 (down 1 from May)
200,000-299,999: 1 (down 2 from May)
300,000-399,999: 1 (down 1 from May)
400,000 and above: 0 (same as May)
Sold in June!! Wixom Lake Waterfront for $85,500
**37 Homes Expired off the Market
in May
Absorption Rate = 1.5 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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