Wednesday, April 6, 2016

Gladwin & Clare County Real Estate Market Snapshot for March

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

Featured Listing!
Secord Lake Waterfront Home!

4409 North River Ridge, Alger, MI
$269,900
MLS #165256

Active Listings: 738 (114 new listings came on the market in March)
Average Asking Price: $14,418
Average Days on Market : 262
Range of Asking Prices: $6,000 - $565,000

Sold: 42 Sold in March (3 less than February)
Average Asking Price of Sold Listings: $99,267
Average Selling Price of Sold Listings: $92,095
Average Days on Market of Sold Listings: 235 (5 days more than February)
Sellers Received:92.7% of their asking price       

Total Residential Sales Volume: $3,775,900 (up from $3,001,281 in February)
Listings Sold by Price Range
0-99,999: 30 (down 7 from February)
100,000-199,999: 10 (up 2 from February)
200,000-299,999: 1 (up 1 from February)
300,000-399,999: 0 (same as February)
400,000 and above: 1 (up 1 from February) 


Sold!! Beaverton Home


**33Homes Expired off the Market in March
Absorption Rate = 7 Months







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