January 2015 Real Estate Market Snapshot for Gladwin and Clare County Area Homes
Featured Listing!
Elk Lake Cabin with Public Access Across the Street
6530 N. Shore, Gladwin
$59,900
MLS #162747
Market Snapshot
Active Listings: 783 (70 new listings came on the market in January)
Average Asking Price: $105,543
Average Days on Market : 258
Range of Asking Prices: $7,500 - $875,000
Sold: 40 Sold in December (69 sold in December)
Average Asking Price of Sold Listings: $69,441
Average Selling Price of Sold Listings: $61,592
Average Selling Price of Sold Listings: $61,592
Average Days on Market of Sold Listings: 248 (22 days more than December)
Sellers Received: 88.6% of their asking price
Total Residential Sales Volume: $2,597,403 (down from $5,259,466 in December)
Listings Sold by Price Range
0-99,999: 33 (down 17from December)
100,000-199,999: 9 (down 12 from December)
200,000-299,999: 2 (same as December
300,000-399,999: 0 (same as December)
400,000 and above: 0 (same as December)
Listings Sold by Price Range
0-99,999: 33 (down 17from December)
100,000-199,999: 9 (down 12 from December)
200,000-299,999: 2 (same as December
300,000-399,999: 0 (same as December)
400,000 and above: 0 (same as December)
SOLD! Wixom Lake Waterfront!!!
**49 Homes Expired off the Market in December
Absorption Rate = 1.9Years
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