Wednesday, September 7, 2016

Gladwin & Clare County Real Estate Market Snapshot for August

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

Featured Listing!

Stunning Wixom Lake Waterfront!

5615 Mangus Road, Beaverton
$153,900
MLS #166366

Active Listings: 932 (107 new listings came on the market in August)
Average Asking Price: $120,236
Average Days on Market : 211
Range of Asking Prices: $7,850 - $985,000

Sold: 94 Sold in August (2 less than July)
Average Asking Price of Sold Listings: $102,540
Average Selling Price of Sold Listings: $96,756
Average Days on Market of Sold Listings: 150 (20 days less than July)
Sellers Received: 94.3% of their asking price       

Total Residential Sales Volume: $8,998,370 (down from $9,690,928 in July)
Listings Sold by Price Range
0-99,999: 54 (down 4 from July)
100,000-199,999: 33 (up 2 from July)
200,000-299,999: 6 (up 2 from July)
300,000-399,999: 1 (down 1 from July)
400,000 and above: 0 (down 2 from July)  
 

Sold!! Custom Built Beaverton Home!

**38 Homes Expired off the Market in July
Absorption Rate = 8 Months






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