Gladwin County Real Estate Market Update for May 2017

By
Real Estate Agent with Homewaters Recreational Real Estate 6502362712

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

 

Featured Listing 

 Striking Wixom Lake Custom Built Home!

559 Quillette Drive, Beaverton, MI

$720,000

MLS #167569

 

Active Listings: 746 (191 new listings came on the market in May)

Average Asking Price: $122,109

Average Days on Market : 178

Range of Asking Prices: $6,900 - $985,000

 

Sold: 77 Sold in May (12 more than April)

Average Asking Price of Sold Listings: $108,971

Average Selling Price of Sold Listings: $102,944

Average Days on Market of Sold Listings: 191 (down 4 from April)

Sellers Received: 94.4% of their asking price       

 

Total Residential Sales Volume: $7,823,805 (up from $6,971,578 in April)

Listings Sold by Price Range

0-99,999: 44 (up 4 from April)

100,000-199,999: 22 (up 3 from April)

200,000-299,999: 9 (up 1 from April)

300,000-399,999: 2 (up 2 from April)

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

 

**35 Homes Expired off the Market in May

 

Absorption Rate = 8 months

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Topic:
Real Estate Market Trends
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Michigan Gladwin County
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Michigan Realtors
Listings By Address
Michigan Real Estate
Tags:
beaverton real estate
gladwin real estate
sonya loose
homes for sale in gladwin
homes for sale in beaverton mi
gladwin county real estate market conditions
gladwin county real estate market report

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Rainmaker
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Sonya Loose

The Lake Girl,Selling Waterfront in Gladwin County
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