Gladwin and Clare County Real Estate Market Snapshot

Real Estate Market Snapshot for the 

Gladwin and Clare County Area Homes

 

Sugar Springs-Lake Lancer Waterfront

4706 Canniche Court, Gladwin $226,900

MLS #159903

 

 

For September, 2013

 

Active Listings: 1141 (133 new listings came on the market in August)

Average Asking Price: $111,096

Average Days on Market : 224

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

Sold: 77 Sold in August (61 sold in July)

Average Asking Price of Sold Listings: $82,660
Average Selling Price of Sold Listings: $74,736

Average Days on Market of Sold Listings: 187 (21 days less than July)

Sellers Received: 90.4% of their asking price

 

Total Residential Sales Volume: $5,386,938 (up from $3,776,965 in July)
Listings Sold by Price Range
0-99,999: 59 (up 10 from July)
100,000-199,999: 15 (up 4 from July)
200,000-299,999: 2 (same as July)
300,000-399,999: 1 (up 1 from July)
400,000 and above: 0 (same as July)

Sold!!  Wixom Lake Waterfront!!!

 

**70 Homes Expired off the Market in August

Absorption Rate = 1.2 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.