Gladwin & Clare County Homes~February 2014 Market Report

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

Elbow Lake Access

10352 Athey Avenue, Harrison

$115,000

MLS #160632

Active Listings: 738 (47 new listings came on the market in February)

Average Asking Price: $99,538

Average Days on Market : 296

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

Sold: 36 Sold in February (38 sold in January)

Average Asking Price of Sold Listings: $78,672
Average Selling Price of Sold Listings: $71,955

Average Days on Market of Sold Listings: 197 (3 days more than December)

Sellers Received: 91.4% of their asking price

Total Residential Sales Volume: $2,287,990 (down from $2,888,811 in January)
Listings Sold by Price Range
0-99,999: 30 (up 1 from January)
100,000-199,999: 2 (down 6 from January)
200,000-299,999: 4 (up 4 from January)
300,000-399,999: 1 (same as  January
400,000 and above: 0 (same as January)

SOLD!!  Sugar Springs Lake Lancer Waterfront!!!  

**62 Homes Expired off the Market in February

Absorption Rate = 1.7 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.