October Real Estate Market Conditionsfor Gladwin & Clare County Homes

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

Secord Lake Waterfront

3370 Pinecrest Drive, Gladwin

MLS #160161

Active Listings:1071 (94 new listings came on the market in September)

Average Asking Price: $108,070

Average Days on Market : 229

Range of Asking Prices: $5,995-$875,000

Sold: 80 Sold in September (77 sold in August)

Average Asking Price of Sold Listings: $92,761
Average Selling Price of Sold Listings: $84,191

Average Days on Market of Sold Listings: 250 (63 days more than August)

Sellers Received: 90.7% of their asking price

Total Residential Sales Volume: $6,853,151 (up from $5,386,938 in August)
Listings Sold by Price Range
0-99,999: 53 (up 6 from August)
100,000-199,999: 23 (up 8 from August)
200,000-299,999: 4 (up 3 from as August)
300,000-399,999: 0 (down 1 from August)
400,000 and above: 0 (same as August)

Sold!!   

Secord Lake Waterfront!! 

$200,000

**30 Homes Expired off the Market in August

Absorption Rate = 1.1 Years

*This information was provided by the Clare/Gladwin Board of Realtors. The report was generated from the Multiple Listing Service, where all CGBR members' transactions are recorded. The report covers all the members' residential transactions for the month of January. Although there are no geographical boundaries defining members' service areas, the majority of CGBR transactions take place in Clare and Gladwin County.