Friday, March 13, 2015

Gladwin & Clare County Real Estate Market Snapshot for February

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 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)
 





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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