Gladwin County Year in
Review 2013
Looking back
over the Gladwin County real estate market sales and statistics for 2013 I
can't help but feel pride over what I've accomplished. I am very aware that my success couldn't have
been realized without each and every seller and buyer who placed their trust in
me. The support of my staff, Sherri, and
my husband and son, Jason and Chandler, played an integral role as well. Combining that with the Homewaters brand and
the ever encouraging owners, Chad & Mandy, allowed for another record
breaking year! I personally sold 58
units this year for $4.1 million in home sales I was able to make it possible
for so many people to find their slice
of heaven, or to accomplish the sale of their home. I can attribute the success in part, to many,
many hours of hard work, a passion for my career, a competitive attitude, a
thorough understanding of the existing market, an ability to competitively
price a home, the extensive internet marketing I offer clients, the use of the
latest technology that improves my efficiency and allows me to carry more
inventory, and my follow up and communication skills. As I gear up for a strong 2014 I am excited
to see what sales records will be broken and to meet the new people placed in
my path during the year that I will be lucky enough to help accomplish their
dreams.
Homewaters
Recreational Real Estate serves all of Northern Lower Michigan and this year we
were able to participate in over 252 transactions for a grand total of over $31
million in sales. At Homewaters, we
truly feel like we are selling a lifestyle and not just a piece of real estate
and our commitment to the communities we serve is certainly translated through
our sales figures.
Below is a
comparison of 2012 and 2013:
The following data was obtained from
the Clare/Gladwin Board of Realtors Multiple Listing Service and reflects
residential home sales only.
2012 2013
Number of
Listings 1351 1473
Average List
Price $101,003 $101,112
Average Sold
Price $75,098 $75,367
Number of
Sold Listings 644 695
Average Days
on Market (for solds) 234 231
% of Asking
Price Received 90.4% 91.3%
Referencing
the grid above you can see there were 122 more listings in 2013 with an average
asking price essentially the same as the previous year. The average sold price stayed essentially the
same also! It appears sellers were more
realistic or aggressively pricing their properties this year. The strategy worked because there were 51
more sales than last year! That is an
average of 4.25 more sales every month.
Days on market remained stable and the percent of asking price the
seller received rose another 1%. More
inventory selling means more buyers in the market and points to a tightening up
of the real estate market in this area. As
predicted last year there were signs of a return to a more balanced market and
a shift towards a seller's market. The
market shift has been gradual but steady!
I hope this information has proven to be valuable to you and can serve
as a guide towards your future decisions to buy or sell real estate.
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