Gladwin County Real Estate Market Snapshot for April 2014

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

3.4 Acres with 355 Feet of Wixom Lake Waterfront

1300 Janice Lane, Beaverton

$339,000

MLS #161094

Active Listings: 882 (183 new listings came on the market in April)

Average Asking Price: $109,498

Average Days on Market : 264

Range of Asking Prices: $7,000-$600,000

Sold: 40 Sold in April (32 sold in March)

Average Asking Price of Sold Listings: $88,665
Average Selling Price of Sold Listings: $82,670

Average Days on Market of Sold Listings: 264 (65 days more than March)

Sellers Received: 93.2% of their asking price

Total Residential Sales Volume: $3,289,049 (up from $2,594,215 in March)
Listings Sold by Price Range
0-99,999: 32 (up 10 from March)
100,000-199,999: 6 (down 3 from March)
200,000-299,999: 2 (up 2 from March)
300,000-399,999: 0 (same as March)
400,000 and above:  0 (down 1 from March)

Pending!

Wixom Lake Waterfront!

**57 Homes Expired off the Market in February

Absorption Rate = 1.8 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.