Gladwin County Market Snapshot for January!

January 2014 Real Estate Market Snapshot for the Gladwin and Clare County Area Homes

Smallwood Lake Waterfront

894 Rivers Terrace, Gladwin

$109,900

MLS #156161

Active Listings: 757 (50 new listings came on the market in January)

Average Asking Price: $100,615

Average Days on Market : 274

Range of Asking Prices: $9,900-$645,000

Sold: 38 Sold in January (41 sold in December)

Average Asking Price of Sold Listings: $78,615
Average Selling Price of Sold Listings: $70,089

Average Days on Market of Sold Listings: 194 (18 days more than December)

Sellers Received: 89.1% of their asking price

Total Residential Sales Volume: $2,888,811 (down from $3,131,699 in December)
Listings Sold by Price Range
0-99,999: 29 (same as December)
100,000-199,999: 8 (same as December)
200,000-299,999: 0 (down 2 from December)
300,000-399,999: 1 (same as  December)
400,000 and above: 0 (down 1 from December)

  

Pending!!

Lake Lancer Waterfront!

Sugar Springs!

**162 Homes Expired off the Market in December

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.