Monday, February 13, 2017

Gladwin & Clare Co Homes Real Estate Market Snapshot for January

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

Featured Listing
4514 Nipigon, Gladwin
Wiggins Lake Waterfront Home!!!
$192,850
MLS #166880

Active Listings: 534 (43 new listings came on the market in January
Average Asking Price: $110,630
Average Days on Market : 273
Range of Asking Prices: $8,900 - $985,000

Sold: 34 Sold in January (33 less than December)
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 December)
Sellers Received: 96.6% of their asking price       

Total Residential Sales Volume: $3,445,200 (down from $7,010,050 in December)
Listings Sold by Price Range
0-99,999: 28 (down 9 from December)
100,000-199,999: 14 (down 10 from December)
200,000-299,999: 1 (down 3 from December)
300,000-399,999: 1 (down 1 from December)
400,000 and above: 0 (same as December)   

Coming Soon!! Secord Lake Waterfront Listing!!

**40 Homes Expired off the Market in January

Absorption Rate = 1.3 years

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