Secord Lake Real Estate Market 2016 Year in Review

By
Real Estate Agent with Modern Realty 6502362712

Secord Lake Real Estate Market Conditions 2016 Year in Review 

 Secord Lake

  

 

Welcome! Visitors are welcome in Gladwin, Michigan especially the kind that like to stay and play awhile! Come with your family, your friends or just yourself and I'll bet you'll make new friends while you're here! 
Secord Lake is an approximately 2,000 acre serene and picturesque all sports lake, inside Gladwin County and located in Gladwin, Michigan. The lake takes in Secord Township and is formed by the Tittabawassee River system. It would take many hours of boat travel to see the entire lake! You will find miles of shoreline and much sandy swimming!
Many people enjoy Secord Lake with pontoons, ski boats, jet ski's, fishing boats and it's not uncommon to see a canoe, paddle board or kayak during the quieter times. Don't forget to check out Lost Arrow Resort on the Water, Secord Lake Eagles, Secord Lake Marina, Lakeshore Marina and Store and Wildwood Party Store. Also, off water spots of Secord Lake Campground and Store, Secord Marine Center and The Camp Sports Bar & Grill.

 

2016 saw 40 waterfront homes sell this year. That is down by 12 from 2015 but demand is still strong. The 40 sales saw a price range of $24,000-$400,000.

The average list price was $185,629 which increased significantly from 2015. 

The average sale price was $1176,877 whichalso increased significantly from 2015.

Average days on market for 2016 was 162 which is much lower that 2015's 230. 

Sellers received 95.2% of the asking price which is higher than 2015's 91.7%. 

 

Secord Lake sales seem to have remained strong in 2016 after they doubled from 2014 to 2015. While there was an average of one less sale per month this year the average asking price went up by over $40,000 which shows that the higher end market is returning. The significant increase in the average sale price demonstrates that the list prices are realistic and the market is strong. Sellers received 95% of their asking price, on average, which is the highest percentage of all the area lakes. 

 

Homeawaters.net received over 42,000 page view from the search term Secord Lake! Secord Lake buyers uese our website to search so sellers be sure we are representing your listing if you are serious about selling in 2017!!

 

Click HERE to learn more about Secord Lake and to browse available properties!!

Posted by

Sonya Loose

Modern Realty

ModernLakeLiving.us

sonya@modernrealty.us

989-429-2600 call/text

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Topic:
Real Estate Market Trends
Location:
Michigan Gladwin County Gladwin Secord Lake
Groups:
Michigan Realtors
Listings By Address
Michigan Real Estate
Tags:
sonya loose
secord lake
homes for sale on secord lake
secord lake real estate market conditions
secord lake real estate
waterfront homes on secord lake
homewaters real estate

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Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sonya Loose and happy Wednesday.  Great to see what is happening in your area.  Hope you have a great day!

 

Jan 18, 2017 07:32 AM #1
Rainmaker
2,666,293
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

another great market report...I am sure it will help many folks in your area!

Jan 18, 2017 07:40 AM #2
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Rainmaker
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Sonya Loose

The Lake Girl,Selling Waterfront in Gladwin County
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