Monday, May 1, 2017

Gladwin & Clare County Real Estate Market Snapshot for April

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

Featured Listing

3490 East Pinecrest Drive, Gladwin
Secord Lake Waterfront!!
$249,900
MLS #167184

Active Listings: 605 (121 new listings came on the market in April)
Average Asking Price: $120,290
Average Days on Market : 217
Range of Asking Prices: $9,700 - $985,000

Sold: 65 Sold in April (9 more than March)
Average Asking Price of Sold Listings: $116,015
Average Selling Price of Sold Listings: $108,930
Average Days on Market of Sold Listings: 195 (down 101 from March)
Sellers Received: 93.8% of their asking price       

Total Residential Sales Volume: $6,971,578 (up from $5,522,624 in March)
Listings Sold by Price Range
0-99,999: 38 (down 1 from March)
100,000-199,999: 19 (up 7 from March)
200,000-299,999: 8 (up 6 from March)
300,000-399,999: 0 (down 3 from March)
400,000 and above: 0 (same as March)   

**36 Homes Expired off the Market in April

Absorption Rate = 7.5 months

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