Gladwin County Real Estate Market Conditions August 2015

By
Real Estate Agent with Modern Realty 6502362712

August 2015 Real Estate Market Snapshot for Gladwin and Clare County Area Homes 

 

Featured Listing! 

Smallwood Lake Waterfront Home!

681 Lakeshore Drive, Gladwin

$135,000

MLS #164376

 

Active Listings: 1148 (141 new listings came on the market in August)

Average Asking Price: $115,368

Average Days on Market : 205

Range of Asking Prices: $4,900 - $695,000

Sold: 87 Sold in August (101 sold in July)

Average Asking Price of Sold Listings: $99,898
Average Selling Price of Sold Listings: $92,076

Average Days on Market of Sold Listings: 198 (24 days less than July)

Sellers Received: 92.1% of their asking price       

 

Total Residential Sales Volume: $7,993,600 (up from $8,669,754 in July)
Listings Sold by Price Range
0-99,999: 46 (-12 from July)
100,000-199,999: 37 (up 1 from July)
200,000-299,999: 4 (down 3 from July)
300,000-399,999: 0 (same July)
400,000 and above: 0 (same as July) 

 

**40 Homes Expired off the Market in August

Absorption Rate = 1.09 years

Posted by

Sonya Loose

Modern Realty

ModernLakeLiving.us

sonya@modernrealty.us

989-429-2600 call/text

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Sonya Loose

Selling Waterfront in Gladwin & Midland County
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