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Gladwin County Real Estate Market Update for June 2016

By
Real Estate Agent with Modern Realty 6502362712

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

Featured Listing!

 

Wixom Lake Waterfront Home

4700 Rookery Ridge, Beaverton, MI

$215,900

MLS #165615 

 

Active Listings: 943 (144 new listings came on the market in June)

Average Asking Price: $119,802

Average Days on Market : 209

Range of Asking Prices: $7,850 - $799,000

 

Sold: 93 Sold in June (21 more than May)

Average Asking Price of Sold Listings: $121,799

Average Selling Price of Sold Listings: $115,061

Average Days on Market of Sold Listings: 224 (90 days more than May)

Sellers Received: 94.4% of their asking price       

 

Total Residential Sales Volume: $10,585,682 (up from $5,164,147 in May)

Listings Sold by Price Range

0-99,999: 50 (down 9 from May)

100,000-199,999: 30 (up 21 from May)

200,000-299,999: 6 (up 3 from May)

300,000-399,999: 6 (up 5 from May)

400,000 and above: 1 (up 1 from May)  

 

 

Sold!! Sugar Springs Waterfront!

 

**39 Homes Expired off the Market in June

Absorption Rate = 8 Months

Posted by

Sonya Loose

Modern Realty

ModernLakeLiving.us

sonya@modernrealty.us

989-429-2600 call/text