Gladwin County Real Estate Market Update for May 2017

Real Estate Agent with Modern Realty 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


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

Posted by

Sonya Loose

Modern Realty

989-429-2600 call/text


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Sonya Loose

The Lake Girl,Selling Waterfront in Gladwin County
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