Wednesday, October 7, 2015

Gladwin & Clare County Real Estate Market Snapshot for September

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




Featured Listing!
Wixom Lake Waterfront Cottage!
691 Pine Trail, Beaverton, Michigan
$113,000
MLS #164513


Active Listings: 1080 (124 new listings came on the market in September)
Average Asking Price: $113,899
Average Days on Market : 204
Range of Asking Prices: $4,900 - $695,000
Sold: 81 Sold in September (87 sold in August)
Average Asking Price of Sold Listings: $98,951
Average Selling Price of Sold Listings: $92,519
Average Days on Market of Sold Listings: 222 (24 days more than August)
Sellers Received: 93.4% of their asking price       

Total Residential Sales Volume: $7,401,533 (up from $7,993,600 in August)
Listings Sold by Price Range
0-99,999: 56 (up 10 from August)
100,000-199,999: 14 (down 23 from 
August)
200,000-299,999: 10 (up 6 from 
August)
300,000-399,999: 1 (up 1 from 
August)
400,000 and above: 0 (same as 
August)


Sold!! Sugar Springs Waterfront!!


**70 Homes Expired off the Market in September

Absorption Rate = 1.1 years



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