Monday, September 11, 2017

Gladwin & Clare County Real Estate Market Snapshot for August

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

Featured Listing

Wixom Lake Waterfront Home!
1415 Birma Trail, Beaverton
$117,500
MLS #168129

Active Listings: 706 (107 new listings came on the market in August)
Average Asking Price: $123,539
Average Days on Market : 170
Range of Asking Prices: $9,700 - $739,000

Sold: 141 Sold in August (49 more than July)
Average Asking Price of Sold Listings: $105,141
Average Selling Price of Sold Listings: $99,012
Average Days on Market of Sold Listings: 162 (down 9 from July)
Sellers Received: 94.1% of their asking price       

Total Residential Sales Volume: $13,861,799 (up from $8,477,029 in July)
Listings Sold by Price Range
0-99,999: 88 (up 31 from July)
100,000-199,999: 42 (up 15 from July)
200,000-299,999: 8 (up 1 from July)
300,000-399,999: 3 (up 3 from July)
400,000 and above: 0 (down 1 from July)   



SOLD!! Wixom Lake Waterfront Home!! 120 Feet of Sandy Frontage with Wide Open Views!

**23 Homes Expired off the Market in August

Absorption Rate = 4 months

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