Gladwin and Clare County Real Estate Market Snapshot for May

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

Featured Listing

 Striking Wixom Lake Custom Built Home!
559 Quillette Drive, Beaverton, MI
$720,000
MLS #167569

Active Listings: 746 (191 new listings came on the market in May)

Average Asking Price: $122,109

Average Days on Market : 178

Range of Asking Prices: $6,900 - $985,000

Sold: 77 Sold in May (12 more than April)

Average Asking Price of Sold Listings: $108,971

Average Selling Price of Sold Listings: $102,944

Average Days on Market of Sold Listings: 191 (down 4 from April)

Sellers Received: 94.4% of their asking price       

Total Residential Sales Volume: $7,823,805 (up from $6,971,578 in April)

Listings Sold by Price Range

0-99,999: 44 (up 4 from April)

100,000-199,999: 22 (up 3 from April)

200,000-299,999: 9 (up 1 from April)

300,000-399,999: 2 (up 2 from April)

400,000 and above: 0 (same as April)   

**35 Homes Expired off the Market in May

Absorption Rate = 8 months