Wednesday, March 9, 2016

Gladwin & Clare County Real Estate Market Snapshot for February

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

Featured Listing!
Wixom Lake Waterfront Home!
3770 S. Lake Drive, Beaverton
$155,900
MLS #165072

Active Listings: 682 (61 new listings came on the market in February)
Average Asking Price: $109,987
Average Days on Market : 277
Range of Asking Prices: $2,900 - $695,000

Sold: 45 Sold in February (same as January)
Average Asking Price of Sold Listings: $71,960
Average Selling Price of Sold Listings: $64,943
Average Days on Market of Sold Listings: 230 (17 days more than January)
Sellers Received: 91.5% of their asking price       

Total Residential Sales Volume: $3,001,281 (down from $4,191,430 in January)
Listings Sold by Price Range
0-99,999: 37 (up 9 from January)
100,000-199,999: 8 (down 4 from January)
200,000-299,999: 0 (down 3 from January)
300,000-399,999: 0 (down 2 from January)
400,000 and above: 0 (same as January) 



Sold!! Gladwin County Home



**45 Homes Expired off the Market in January
Absorption Rate = 8 Months






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