March 2015 Real Estate Market Snapshot for Gladwin and
Clare County Area Homes
Featured Listing!
Secord Lake Waterfront Home!
$125,000
MLS #163075
Active Listings: 847 (122
new listings came on the market in March)
Average Asking Price: $109,415
Average Days on Market :
259
Range of Asking Prices:
$8,900 - $875,000
Sold: 45 Sold in March (34
sold in February)
Average Asking Price of
Sold Listings: $71,538
Average Selling Price of Sold Listings: $64,992
Average Selling Price of Sold Listings: $64,992
Average Days on Market
of Sold Listings: 278 (120 days more than February)
Sellers Received: 90.8%
of their asking price
Total Residential Sales
Volume: $2,959,685 (up from $2,014,700 in February)
Listings Sold by Price Range
0-99,999: 34 (up 8 from February)
100,000-199,999: 8 (up 1 from February)
200,000-299,999: 2 (up 1 from February)
300,000-399,999: 1 (up 1 from February)
400,000 and above: 0 (same as February)
Listings Sold by Price Range
0-99,999: 34 (up 8 from February)
100,000-199,999: 8 (up 1 from February)
200,000-299,999: 2 (up 1 from February)
300,000-399,999: 1 (up 1 from February)
400,000 and above: 0 (same as February)
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**28 Homes Expired off
the Market in March
Absorption Rate = 1.5 Years
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