Monday, July 18, 2016

Gladwin & Clare County Real Estate Market Update for June

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



Featured Listing!
Wixom Lake Waterfront Home
4700 Rookery Ridge, Beaverton, MI
$215,900
MLS #165615


Active Listings: 943 (144 new listings came on the market in June)
Average Asking Price: $119,802
Average Days on Market : 209
Range of Asking Prices: $7,850 - $799,000

Sold: 93 Sold in June (21 more than May)
Average Asking Price of Sold Listings: $121,799
Average Selling Price of Sold Listings: $115,061
Average Days on Market of Sold Listings: 224 (90 days more than May)
Sellers Received: 94.4% of their asking price       

Total Residential Sales Volume: $10,585,682 (up from $5,164,147 in May)
Listings Sold by Price Range
0-99,999: 50 (down 9 from May)
100,000-199,999: 30 (up 21 from May)
200,000-299,999: 6 (up 3 from May)
300,000-399,999: 6 (up 5 from May)
400,000 and above: 1 (up 1 from May) 

 
Sold!! Sugar Springs Waterfront!

**39 Homes Expired off the Market in June

Absorption Rate = 8 Months




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