Monday, November 7, 2016

Gladwin & Clare County Real Estate Market Snapshot for October

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

Featured Listing!
15 Acre Wixom Lake Waterfront Parcel

Heron Cove Court, Beaverton, MI
$84,900
MLS #166661
Active Listings: 759 (71 new listings came on the market in October)
Average Asking Price: $120,338
Average Days on Market : 233
Range of Asking Prices: $7,850 - $985,000

Sold: 78 Sold in October (24 less than September)
Average Asking Price of Sold Listings: $98,342
Average Selling Price of Sold Listings: $91,684
Average Days on Market of Sold Listings: 209 (30 days less than September)
Sellers Received: 93.2% of their asking price       

Total Residential Sales Volume: $7,059,000 (down from $9,932,233 in September)
Listings Sold by Price Range
0-99,999: 49 (down 21 from September)
100,000-199,999: 24 (same as September)
200,000-299,999: 4 (down 1 from September)
300,000-399,999: 1 (same as September)
400,000 and above: 0 (down 2 from September)   




Sold!! Smallwood Lake Waterfront!

**85 Homes Expired off the Market in October
Absorption Rate = 8 Months








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