Gladwin County Real Estate Market Conditions for December 2015

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

     Featured Listing!

Secord Lake Waterfront Cottage 

$85,000

MLS #164864

Active Listings: 702 (41 new listings came on the market in December)

Average Asking Price: $107,441

Average Days on Market : 252

Range of Asking Prices: $8,000 - $695,000

Sold: 53 Sold in December (82 sold in November)

Average Asking Price of Sold Listings: $81,370
Average Selling Price of Sold Listings: $74,519

Average Days on Market of Sold Listings: 185 (26 days less than November)

Sellers Received: 91.5% of their asking price       

Total Residential Sales Volume: $3,874,990 (up from $6,296,650 in November)
Listings Sold by Price Range
0-99,999: 42 (down 29 from November)
100,000-199,999: 9 (down 6 from November)
200,000-299,999: 1 (down 2 from November)
300,000-399,999: 1 (up 1 from November)
400,000 and above: 0 (same as November) 

Sold!! Secord Lake Waterfront

**97 Homes Expired off the Market in November

Absorption Rate = 1.1 years