Gladwin & Clare County Homes Real Estate Market Snapshot for May

May 2015 Real Estate Market Snapshot for Gladwin and Clare County Area Homes

Featured Listing!

Stunning Log Home with 40 Wooded Acres

1251 Clarence Ave, Harrison

$349,900

MLS #163596

Active Listings: 1079 (230 new listings came on the market in May)

Average Asking Price: $114,809

Average Days on Market : 206

Range of Asking Prices: $2,500 - $875,000

Sold: 75 Sold in May (62 sold in April)

Average Asking Price of Sold Listings: $92,022
Average Selling Price of Sold Listings: $85,064

Average Days on Market of Sold Listings: 298 (115 days more than April)

Sellers Received: 92.4% of their asking price       

Total Residential Sales Volume: $6,294,738 (up from $4,844,322 in April)
Listings Sold by Price Range
0-99,999: 49 (up 6 from April)
100,000-199,999: 21 (up 4 from April)
200,000-299,999: 5 (up 3 from April)
300,000-399,999: 0 (same as April)
400,000 and above: 0 (same as April)

SOLD in Sugar Springs!!!

**37 Homes Expired off the Market in May

Absorption Rate = 1.1 Years