Gladwin and Clare Co Market Report for December

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

Secord Lake Waterfront

4580 Mohawk Trail, Gladwin

$169,900

MLS #158960

Active Listings: 775 (35 new listings came on the market in December)

Average Asking Price: $103,079

Average Days on Market : 257

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

Sold: 41 Sold in December (63 sold in November)

Average Asking Price of Sold Listings: $85,460
Average Selling Price of Sold Listings: $78,292

Average Days on Market of Sold Listings: 176 (39 days less than November)

Sellers Received: 91.6% of their asking price

Total Residential Sales Volume: $3,131,699 (down from $4,546,509 in November)
Listings Sold by Price Range
0-99,999: 29 (down 23 from November)
100,000-199,999: 8 (down 6 from November)
200,000-299,999: 2 (up 1 from November)
300,000-399,999: 1 (up 1 from  November)
400,000 and above: 1 (up 1 from November)

 Pending!!  Wixom Lake Waterfront

**146 Homes Expired off the Market in October

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.