Gladwin & Clare County Real Estate Market Conditions for May

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

Featured Listing!

Secord Lake Waterfront Home

3756 Peninsular, Gladwin

$269,900

MLS #165606 

Active Listings: 922 (185 new listings came on the market in May)

Average Asking Price: $121,710

Average Days on Market : 217

Range of Asking Prices: $8,000 - $799,000

Sold: 72 Sold in May (14 more than April)

Average Asking Price of Sold Listings: $78,587

Average Selling Price of Sold Listings: $72,748

Average Days on Market of Sold Listings: 314 (49 days more than April)

Sellers Received: 92.5% of their asking price       

Total Residential Sales Volume: $5,164,147 (up from $4,163,250 in April)

Listings Sold by Price Range

0-99,999: 59 (up 19 from April)

100,000-199,999: 9 (down 7 from April)

200,000-299,999: 3 (up 1 from April)

300,000-399,999: 1 (up 1 from April)

400,000 and above: 0 (down 1 from April) 

Sold!! Clare County Log Home on 40 Acres!

**46 Homes Expired off the Market in April

Absorption Rate = 9 Months