October 2014 Real Estate Market Snapshot for Gladwin
and Clare County Area Homes
New Listing!
Log Home on 34.5 Wooded
Acres in Ogemaw County
4211 Wayne Alley,
Alger, MI
$210,000
MLS #162493
Active Listings: 1061 (85
new listings came on the market in October)
Average Asking Price: $110,601
Average Days on Market :
228
Range of Asking Prices:
$4,500 - $875,000
Sold: 87 Sold in October
(94 sold in September)
Average Asking Price of
Sold Listings: $93,397
Average Selling Price of Sold Listings: $85,962
Average Selling Price of Sold Listings: $85,962
Average Days on Market
of Sold Listings: 212 (1 day less than September)
Sellers Received: 92.3%
of their asking price
Total Residential Sales
Volume: $7,127,750 (down from $8,652,236 in September)
Listings Sold by Price Range
0-99,999: 57 (down 3 from September)
100,000-199,999: 24 (down 3 from September)
200,000-299,999: 6 (down 1 from September)
300,000-399,999: 0 (same as September)
400,000 and above: 0 (same as September)
Listings Sold by Price Range
0-99,999: 57 (down 3 from September)
100,000-199,999: 24 (down 3 from September)
200,000-299,999: 6 (down 1 from September)
300,000-399,999: 0 (same as September)
400,000 and above: 0 (same as September)
SOLD! Secord Lake
Waterfront!!!
**103 Homes Expired off
the Market in October
Absorption Rate = 1.01 Years
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