Sonya Loose, Associate Broker 989-429-2600 Waterfront Property Real Estate Specialist!

Most Recent Newsletter


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

$720,000

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

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