Monday, July 10, 2017

Gladwin & Clare County Real Estate Market Snapshot for June

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

Featured Listing

Sugar Springs Custom Home!
446 Queens Way, Gladwin
$419,500
MLS #167715

Active Listings: 756 (123 new listings came on the market in June)
Average Asking Price: $122,036
Average Days on Market : 174
Range of Asking Prices: $6,900 - $985,000

Sold: 86 Sold in June (9 more than May)
Average Asking Price of Sold Listings: $94,092
Average Selling Price of Sold Listings: $89,749
Average Days on Market of Sold Listings: 214 (up 23 from May)
Sellers Received: 95.3% of their asking price       

Total Residential Sales Volume: $7,302,695 (up from $7,823,805 in May)
Listings Sold by Price Range
0-99,999: 56 (up 12 from May)
100,000-199,999: 24 (up 2 from May)
200,000-299,999: 5 (down 4 from May)
300,000-399,999: 1 (down 1 from May)
400,000 and above: 0 (same as May)   

**29 Homes Expired off the Market in June

Absorption Rate = 7 months

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