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