Gladwin & Clare County Area Homes-Real Estate Market Snapshot for July 2014

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

 New Listing!

Cedar River Waterfront!!

5487 North Cedar River Road, Gladwin

$117,000

MLS #161798

 July 2014 Gladwin/Clare County Market Snapshot

Active Listings: 1210 (160 new listings came on the market in July)

Average Asking Price: $116,325

Average Days on Market : 211

Range of Asking Prices: $7,000 - $875,000

Sold: 75 Sold in July (62 sold in June)

Average Asking Price of Sold Listings: $91,251
Average Selling Price of Sold Listings: $84,478

Average Days on Market of Sold Listings: 244 (25 days more than June)

Sellers Received: 92.5% of their asking price

Total Residential Sales Volume: $6,251,413 (up from $5,328,139 in June)
Listings Sold by Price Range
0-99,999: 53 (up 13 from June)
100,000-199,999: 18 (up 2 from June)
200,000-299,999: 3 (down 3 from June)
300,000-399,999: 0 (same as June)
400,000 and above:  1 (up 1 from June)

SOLD!!!!  Secord Lake Waterfront!!!

**62 Homes Expired off the Market in June

Absorption Rate = 1.3 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.