Gladwin County Real Estate Market Snapshot for March 2017

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

Featured Listing

4022 S. Oak Drive, Beaverton

Wixom Lake Waterfront!!

$99,900

MLS #167107 

Active Listings: 567 (102 new listings came on the market in March)

Average Asking Price: $119,266

Average Days on Market : 231

Range of Asking Prices: $7,500 - $387,000

Sold: 56 Sold in March (30 more than February)

Average Asking Price of Sold Listings: $100,411

Average Selling Price of Sold Listings: $93,348

Average Days on Market of Sold Listings: 296 (up 119 from February)

Sellers Received: 92.6% of their asking price       

Total Residential Sales Volume: $5,522,624 (up from $2,224,297 in February)

Listings Sold by Price Range

0-99,999: 39 (up 11 from February)

100,000-199,999: 12 (up 5 from February)

200,000-299,999: 2 (up 1 from February)

300,000-399,999: 3 (up 3 from February)

400,000 and above: 0 (same as February)   

**31 Homes Expired off the Market in March

Absorption Rate = 8 month