Monday, December 5, 2016

Gladwin & Clare County Real Estate Market Snapshot for November 2016

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

Active Listings: 665 (46 new listings came on the market in November)
Average Asking Price: $117,707
Average Days on Market : 238
Range of Asking Prices: $7,850 - $985,000

Sold: 59 Sold in November (19 less than October)
Average Asking Price of Sold Listings: $87,069
Average Selling Price of Sold Listings: $81,913
Average Days on Market of Sold Listings: 209 (same as October)
Sellers Received: 93.2% of their asking price       

Total Residential Sales Volume: $4,750,986 (down from $7,059,000 in October)
Listings Sold by Price Range
0-99,999: 46 (down 8 from October)
100,000-199,999: 15 (down 9 from October)
200,000-299,999: 2 (down 2 from October)
300,000-399,999: 1 (same as October)
400,000 and above: 0 (same as October)   




Sold!! Custom Built Wixom Lake Waterfront Home!

**99 Homes Expired off the Market in November
Absorption Rate = 9 Months








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