Tuesday, December 12, 2017

Gladwin & Clare County Real Estate Market Snapshot for November

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



Active Listings: 463 (46 new listings came on the market in November)
Average Asking Price: $135,223
Average Days on Market : 201
Range of Asking Prices: $9,700 - $8,500,000

Sold: 67 Sold in November (21 less than October)
Average Asking Price of Sold Listings: $90,179
Average Selling Price of Sold Listings: $84,550
Average Days on Market of Sold Listings: 137 (down 3 from October)
Sellers Received: 93.7% of their asking price       

Total Residential Sales Volume: $5,580,301 (down from $8,174,500  in October)
Listings Sold by Price Range
0-99,999: 47 (down 9 from October)
100,000-199,999: 16 (down 9 from October)
200,000-299,999: 4 (up 1 from October)
300,000-399,999: 0 (down 3 from October)
400,000 and above: 0 (same as October)   


SOLD!! Wixom Lake Waterfront Home!!  

**76 Homes Expired off the Market in November

Absorption Rate = 6 months

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