Wednesday, April 5, 2017

Gladwin & Clare County Homes Real Estate Market Snapshot for March

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

Featured Listing
4022 S. Oak Drive, Beaverton
Wixom Lake Waterfront!!
$99,900
MLS #167107

Active Listings: 567 (102 new listings came on the market in March)
Average Asking Price: $119,266
Average Days on Market : 231
Range of Asking Prices: $7,500 - $387,000

Sold: 56 Sold in March (30 more than February)
Average Asking Price of Sold Listings: $100,411
Average Selling Price of Sold Listings: $93,348
Average Days on Market of Sold Listings: 296 (up 119 from February)
Sellers Received: 92.6% of their asking price       

Total Residential Sales Volume: $5,522,624 (up from $2,224,297 in February)
Listings Sold by Price Range
0-99,999: 39 (up 11 from February)
100,000-199,999: 12 (up 5 from February)
200,000-299,999: 2 (up 1 from February)
300,000-399,999: 3 (up 3 from February)
400,000 and above: 0 (same as February)   

**31 Homes Expired off the Market in March

Absorption Rate = 8 month




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