Gladwin County Year in
Review 2014
While
preparing the Gladwin County real estate market sales and statistics for 2014
and my own personal sales statistics I can't help but be excited and proud of
what I've accomplished! I am very aware
that my success couldn't have been realized without each and every seller and
buyer who placed their trust in me. The hard
work and efforts of my licensed assistant, Sherri, played an integral role as
well. Without the support of my husband,
Jason, and my son, Chandler, I couldn't have made it through this year with my
sanity! Combining that with the Homewaters brand and the ever encouraging
owners, Chad & Mandy, allowed for another record breaking year! I personally sold 65 units this year for $6.4
million in home sales. This is 7 more
units and over $2 million more in dollar volume from 2013! It was an exceptional year and I was the top
producing Realtor in the Clare/Gladwin Board of Realtors!! I was able to make it possible for so many people to find their slice of heaven, or to
accomplish the sale of their home. I can
attribute my success in part, to many, many hours of hard work, a passion for
my career, a competitive attitude, and a thorough understanding of the existing
market. My ability to competitively
price a home, the extensive internet marketing I offer clients, the use of the
latest technology that improves my efficiency and allows me to carry more
inventory, and my follow up and communication skills are additional reasons why
I continually break sales records. As I gear up for a strong 2015 I am excited
to see what sales records will be broken and to meet the new people placed in
my path during this year, that I will be lucky enough to help accomplish their
dreams.
Homewaters
Recreational Real Estate serves all of Northern Lower Michigan and this year we
were able to participate in over 322 transactions for a grand total of over $41.7
million in sales. At Homewaters, we
truly feel like we are selling a lifestyle and not just a piece of real estate.
Our commitment to the communities we
serve is certainly translated through our sales figures.
Below is a
comparison of 2013 and 2014.
The following data was obtained from
the Clare/Gladwin Board of Realtors Multiple Listing Service and reflects
residential home sales only.
2013 2014
Number of
Listings 1473 1613
Average List
Price $101,112 $114,456
Average Sold
Price $75,367 $83,596
Number of
Sold Listings 695 773
Average Days
on Market (for solds) 231 213
% of Asking
Price Received 91.3% 92.3%
Referencing
the grid above you can see there were 140 more listings in 2014 with an average
asking over $13,000 higher than in 2013.
The average sold price rose over $8,200.
It appears more sellers entered the real estate market in 2014 due to
increased buyer demand and the general consensus that our market in this area
was recovering. They weren't given
incorrect information and as predicted in my 2013 year in review there were
more sales this year than last.
There were actually 78 more sales than last year! That is an average of 6.5 more sales every
month. Days on market fell to a low of
213 days. That is the lowest days on
market I can remember seeing in some time and another sign of market recovery. The
percent of asking price the seller received rose another 1% this year and is
now up 2% from 2012. More inventory
selling means more buyers in the market and points to a tightening up of the
real estate market in this area. As
predicted last year the signs of a return to a more balanced market and a shift
towards a seller's market were very evident.
I had more multiple offer scenarios this year than in the last 5
combined. The market shift has been gradual but steady
and should continue into 2015. I hope
this information has proven to be valuable to you and can serve as a guide
towards your future decisions to buy or sell real estate.
No comments:
Post a Comment