Gladwin and Clare County Real Estate Market Snapshot

November 2013 Real Estate Market Snapshot for the Gladwin and Clare County Area Homes

 Molasses Riverfront

1894 Fornier Road, Beaverton, MI

$99,900

MLS #160377

Active Listings: 889 (67 new listings came on the market in November)

Average Asking Price: $106,803

Average Days on Market : 254

Range of Asking Prices: $7,500-$875,000

Sold: 63 Sold in November (77 sold in October)

Average Asking Price of Sold Listings: $73,330
Average Selling Price of Sold Listings: $66,477

Average Days on Market of Sold Listings: 215 (1 days more than October)

Sellers Received: 90.6% of their asking price

Total Residential Sales Volume: $4,546,509 (down from $6,036,000 in October)
Listings Sold by Price Range
0-99,999: 52 (down 4 from October)
100,000-199,999: 13 (down 2 from October)
200,000-299,999: 1 (down 1 from October)
300,000-399,999: 0 (same as October)
400,000 and above: 0 (same as October)

Sold!!  Beaverton Home with Private Wixom Lake Easement!!

**104 Homes Expired off the Market in October

Absorption Rate = 1.1 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.