Gladwin County Real Estate Market Conditions for November 2015

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

Featured Listing! 

Wixom Lake Cottage with 83' Waterfront Lot! 

$124,900

MLS #164767

Active Listings: 805 (56 new listings came on the market in November)

Average Asking Price: $109,948

Average Days on Market : 243

Range of Asking Prices: $8,000 - $695,000

Sold: 82 Sold in November (90 sold in October)

Average Asking Price of Sold Listings: $83,358
Average Selling Price of Sold Listings: $77,736

Average Days on Market of Sold Listings: 211 (2 days more than October)

Sellers Received: 92.2% of their asking price       

Total Residential Sales Volume: $6,296,650 (up from $7,806,099 in October)
Listings Sold by Price Range
0-99,999: 71 (up 8 from October)
100,000-199,999: 15 (down 3 from October)
200,000-299,999: 3 (down 4 from October)
300,000-399,999: 0 (down 2 from October)
400,000 and above: 0 (same as October)  

Sold!! Wixom Lake Waterfront 

**112 Homes Expired off the Market in November 

Absorption Rate = 1.2 year