Gladwin County Real Estate Market Conditions for August 2017

Active Listings: 706 (107 new listings came on the market in August)

Average Asking Price: $123,539

Average Days on Market : 170

Range of Asking Prices: $9,700 - $739,000

Sold: 141 Sold in August (49 more than July)

Average Asking Price of Sold Listings: $105,141

Average Selling Price of Sold Listings: $99,012

Average Days on Market of Sold Listings: 162 (down 9 from July)

Sellers Received: 94.1% of their asking price       

Total Residential Sales Volume: $13,861,799 (up from $8,477,029 in July)

Listings Sold by Price Range

0-99,999: 88 (up 31 from July)

100,000-199,999: 42 (up 15 from July)

200,000-299,999: 8 (up 1 from July)

300,000-399,999: 3 (up 3 from July)

400,000 and above: 0 (down 1 from July)   

SOLD!! Wixom Lake Waterfront Home!! 120 Feet of Sandy Frontage with Wide Open Views!

**23 Homes Expired off the Market in August

Absorption Rate = 4 months