Special offer

Gladwin County Real Estate Market Report for May 2016

By
Real Estate Agent with Modern Realty 6502362712

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

 

Featured Listing!

Secord Lake Waterfront Home

3756 Peninsular, Gladwin

$269,900

MLS #165606 

  

Active Listings: 922 (185 new listings came on the market in May)

Average Asking Price: $121,710

Average Days on Market : 217

Range of Asking Prices: $8,000 - $799,000

 

Sold: 72 Sold in May (14 more than April)

Average Asking Price of Sold Listings: $78,587

Average Selling Price of Sold Listings: $72,748

Average Days on Market of Sold Listings: 314 (49 days more than April)

Sellers Received: 92.5% of their asking price       

 

Total Residential Sales Volume: $5,164,147 (up from $4,163,250 in April)

Listings Sold by Price Range

0-99,999: 59 (up 19 from April)

100,000-199,999: 9 (down 7 from April)

200,000-299,999: 3 (up 1 from April)

300,000-399,999: 1 (up 1 from April)

400,000 and above: 0 (down 1 from April)  

 

Sold!! Clare County Log Home on 40 Acres!

 

46 Homes Expired off the Market in April

Absorption Rate = 9 Months

 

Posted by

Sonya Loose

Modern Realty

ModernLakeLiving.us

sonya@modernrealty.us

989-429-2600 call/text