Gladwin & Clare County Real Estate Market Snapshot for June 2014

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

 New Listing!

Wixom Lake Waterfront Log Sided Cabin!

4325 Wieman Road, Beaverton

$94,900

MLS #161672

June 2014 Gladwin/Clare County Market Snapshot

Active Listings: 1205 (212 new listings came on the market in June)

Average Asking Price: $116,478

Average Days on Market : 209

Range of Asking Prices: $9,250 - $875,000

Sold: 62 Sold in June (66 sold in May)

Average Asking Price of Sold Listings: $95,169
Average Selling Price of Sold Listings: $87,346

Average Days on Market of Sold Listings: 219 (55 days less than May)

Sellers Received: 91.7% of their asking price

Total Residential Sales Volume: $5,328,139 (up from $4,561,000 in May)
Listings Sold by Price Range
0-99,999: 40 (down 11 from May)
100,000-199,999: 16 (up 4 from May)
200,000-299,999: 6 (up 2 from May)
300,000-399,999: 0 (same as May)
400,000 and above:  0 (same as May)

SOLD!!!!  Lake Lancer Waterfront Home in 

Sugar Springs!!

**51 Homes Expired off the Market in June

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.