Friday, August 18, 2017

Gladwin & Clare County Homes Real Estate Market Snapshot for July

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

Featured Listing

Wixom Lake Waterfront Home!
1209 McKimmy, Beaverton
$119,900
MLS #167936

Active Listings: 733(118 new listings came on the market in July)
Average Asking Price: $122,202
Average Days on Market : 166
Range of Asking Prices: $5,000 - $985,000

Sold: 92 Sold in July (6 more than June)
Average Asking Price of Sold Listings: $103,121
Average Selling Price of Sold Listings: $97,614
Average Days on Market of Sold Listings: 171 (down 43 from June)
Sellers Received: 94.6% of their asking price       

Total Residential Sales Volume: $8,477,029 (up from $7,302,695 in June)
Listings Sold by Price Range
0-99,999: 57 (up 1 from June)
100,000-199,999: 27 (up 3 from June)
200,000-299,999: 7 (up 2 from June)
300,000-399,999: 0 (down 1 from June)
400,000 and above: 1 (up 1 from June)   

**22 Homes Expired off the Market in July

Absorption Rate = 6.5 months

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