Gladwin and Clare County Homes Market Report

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

 Secord Lake Waterfront

3209 Lakeshore Drive, Gladwin $97,900

MLS #159250

Active Listings: 1158 (163 new listings came on the market in July)

Average Asking Price: $111,813

Average Days on Market : 225

Range of Asking Prices: $7,995-$875,000

Sold: 61 Sold in July (59 sold in June)

Average Asking Price of Sold Listings: $71,208
Average Selling Price of Sold Listings: $65,949

Average Days on Market of Sold Listings: 208 (9 days less than June)

Sellers Received: 92.6% of their asking price

 

Total Residential Sales Volume: $3,776,965 (up from $3,747,381 in June)
Listings Sold by Price Range
0-99,999: 48 (up 1 from June)
100,000-199,999: 11 (up 1 from June)
200,000-299,999: 2 (up 1 from June)
300,000-399,999: 0 (down 1 from June)
400,000 and above: 0 (same as June)

   Sold!!  Wixom Lake Waterfront!!!

**50 Homes Expired off the Market in June

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.