February 2015 Real Estate Market Snapshot for Gladwin and Clare County Area Homes
Featured Listing!
Secord Lake Waterfront Home!
47 West River Drive, Gladwin
$149,900
MLS #162871
Active Listings: 776 (62 new listings came on the market in February)
Average Asking Price: $108,239
Average Days on Market : 271
Range of Asking Prices: $9,900 - $875,000
Sold: 34 Sold in February (40 sold in January)
Average Asking Price of Sold Listings: $61,051
Average Selling Price of Sold Listings: $65,612
Average Selling Price of Sold Listings: $65,612
Average Days on Market of Sold Listings: 158 (90 days less than January)
Sellers Received: 93.0% of their asking price
Total Residential Sales Volume: $2,014,700 (down from $2,597,403 in January)
Listings Sold by Price Range
0-99,999: 26 (down 7 from January)
100,000-199,999: 7 (down 2 from January)
200,000-299,999: 1 (down 1 from January)
300,000-399,999: 0 (same as January)
400,000 and above: 0 (same as January)
Listings Sold by Price Range
0-99,999: 26 (down 7 from January)
100,000-199,999: 7 (down 2 from January)
200,000-299,999: 1 (down 1 from January)
300,000-399,999: 0 (same as January)
400,000 and above: 0 (same as January)
New Smallwood Lake Waterfront!
Truly Unique Log Home with 10 Acres & 300 Feet of Waterfront
1304 Rivers Terrace Road, Gladwin
$464,500
MLS #162959
**44 Homes Expired off the Market in February
Absorption Rate = 1.9 Years
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