Wednesday, December 16, 2015

Gladwin and Clare County Home Real Estate Market Snapshot for November

November Real Estate Market Snapshot for Gladwin and Clare County Area Homes

Featured Listing!

Wixom Lake Cottage with 83' Waterfront Lot!

$124,900
MLS #164767


Active Listings: 805 (56 new listings came on the market in November)
Average Asking Price: $109,948
Average Days on Market : 243
Range of Asking Prices: $8,000 - $695,000
Sold: 82 Sold in November (90 sold in October)
Average Asking Price of Sold Listings: $83,358
Average Selling Price of Sold Listings: $77,736
Average Days on Market of Sold Listings: 211 (2 days more than October)
Sellers Received: 92.2% of their asking price       

Total Residential Sales Volume: $6,296,650 (up from $7,806,099 in October)
Listings Sold by Price Range
0-99,999: 71 (up 8 from October)
100,000-199,999: 15 (down 3 from October)
200,000-299,999: 3 (down 4 from October)
300,000-399,999: 0 (down 2 from October)
400,000 and above: 0 (same as October)
 



Sold!! Wixom Lake Waterfront

**112 Homes Expired off the Market in November

Absorption Rate = 1.2 years







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