Wednesday, January 4, 2017

Gladwin and Clare County Real Estate Market Snapshot for December

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


Active Listings: 555 (36 new listings came on the market in December)
Average Asking Price: $113,837
Average Days on Market : 257
Range of Asking Prices: $8,900 - $985,000

Sold: 67 Sold in December (8 more than November)
Average Asking Price of Sold Listings: $107,807
Average Selling Price of Sold Listings: $101,211
Average Days on Market of Sold Listings: 208 (down 1 from November)
Sellers Received: 96.6% of their asking price       

Total Residential Sales Volume: $7,010,050 (up from $4,750,986 in November)
Listings Sold by Price Range
0-99,999: 37 (down 9 from November)
100,000-199,999: 24 (up 9 from November)
200,000-299,999: 4 (up 2 from November)
300,000-399,999: 2 (up 1 from November)
400,000 and above: 0 (same as November)   



Sold!! Tittabawassee River Get-A-Way!!


**113 Homes Expired off the Market in December

Absorption Rate = 2 Months




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