Real Estate Market Conditions for January 2012
Gladwin County is located in rural Northern Michigan and is conveniently located within 3 hours of Detroit and 2-2.5 hours of Flint and Lansing making it easy to come "Up North" for the weekend. But, we encourage you to stay longer. After visiting Gladwin you will want to spend much more time here! Gladwin, Michigan is an area popular for its scenic lakes (including Wixom Lake and Secord Lake), plentiful state land, quaint parks, Amish communities and down town shopping. Gladwin is primarily a second home/resort community due to the amount of waterfront homes. Gladwin, Michigan has real estate to accommodate every buyer from very affordable cabins to luxurious homes. As a life long resident of Gladwin County I know the area well and the real estate market even better!
3946 Four Seasons, Gladwin 3987 Curtis Road, Coleman
Secord Lake Waterfront Custom Built Ranch
MLS # 156560 MLS # 156582
$99,900 $169,000
The real estate market conditions in Gladwin, Michigan along with most areas of Michigan, remain challenging, but appear to be stable! There is a slightly improving economy, less days on market but a lack of qualified buyers remains. If you are interested in buying your first home or your vacation home, it is a fabulous time to buy! Interest rates are low for qualified buyers, there is a lot of inventory to choose from. Homes are more affordable then they have been in years! Buyers: Get in the market early and avoid other buyer competition. Sellers: Selling season is just ahead and your home needs exposure so get it on the market today if you are serious about selling. Homes do sell all year long!
Here are the latest real estate market conditions for Gladwin, Michigan and the surrounding areas of Beaverton, Harrison, Clare, Rhodes, Bentley, Wixom Lake and Secord Lake. In January I had 5 closings and have 3 pending going into February.
The Clare/Gladwin Board of Realtors currently has 883 homes for sale through the Multiple Listing Service (MLS) and 82 of those were new to the market in January. The number of new listings is 25 more than last month. The average asking price of the homes currently on the market is $103,778 and the average days on market for those homes has been 319 days. These stats are only slightly different than the last 2 years clarifying my theory that the Gladwin, Michigan real estate market conditions are stable! Residential asking prices range from $8,900 - $950,000.
During the month of January we saw 28 homes sell/close in Gladwin, Michigan. This is 13 less than in December. The average asking price was $83,390. The average sales price was $75,881 and the average days on market for these homes was 174 days. The sellers received an average of 90.9% of their asking price. The average days on market is 37 days less than last month.
In Gladwin 24 homes expired from the market unsold in January. The main reason homes don't sell during their listing period is that they were priced incorrectly for the real estate market conditions and or condition of the home. In any market it is imperative that a listing be priced as competitively as possible for its condition in order to have the best chance of selling. To learn more about why homes expire from the market visit this link to a page on my website. If you're thinking about selling your Gladwin area home one very important fact to know about your real estate market conditions is the absorption rate. The absorption rate will tell you how long it will take for the current inventory of homes in Gladwin, Michigan to be absorbed by the market if no other homes come on the market. The absorption rate for January is 2.6 years! If you want your Gladwin, Michigan area home sold you need to know this number to help you price your home accordingly.
Real Estate Market Conditions on Secord Lake
Secord Lake
Welcome! Visitors are welcome in Gladwin, Michigan especially the kind that like to stay and play awhile! Come with your family, your friends or just yourself and I'll bet you'll make new friends while you're here!
Secord Lake is an approximately 2,000 acre serene and picturesque all sports lake,inside Gladwin County and located in Gladwin, Michigan. The lake takes in Secord Township and is formed by the Tittabawassee River system. It would take many hours of boat travel to see the entire lake! You will find miles of shoreline and much sandy swimming!
Many people enjoy Secord Lake with pontoons, ski boats, jet ski's, fishing boats and it's not uncommon to see a canoe or kayak during the quieter times. Don't forget to check out Lost Arrow Resort on the Water, a beautiful waterfront resort that boasts a fabulous restaurant serving many fine foods including farm raised venison. The resort also offers trophy whitetail hunting, a sporting clay course, fishing, indoor pool and spa!
There are currently 60 active listings for Secord Lake ranging from $49,000-$339,900.
January saw 7 new listings on Secord Lake. This month 1 listing expire and 1 home sell.
Below are featured listings for Secord Lake
3946 Four Season, Gladwin, MI $99,900
4426 Lakeview, Alger Michigan $110,000
1518 Loebrich, Gladwin, MI $49,000
Click here to visit more listings on Secord Lake!!!!
Real Estate Market Conditions for Wixom Lake
Wixom Lake
Welcome! Visitors are welcome in Beaverton, Michigan especially the kind that like to stay and play awhile! Come with your family, your friends or just yourself and I'll bet you'll make new friends while you're here! Wixom Lake is an approximately 2,000 acre all sports lake, inside Gladwin County and located in Beaverton, Michigan. The lake takes in Billings and Tobacco Township and is formed by the Tittabawassee River system and is also fed by the Cedar and Tobacco Rivers.
It would take many hours of boat travel to see the entire lake! Many people enjoy Wixom Lake with pontoons, ski boats, jet ski's, fishing boats and it's not uncommon to see a canoe or kayak during the quieter times. Be sure to check out "Pontoon Alley", a local and very popular area to spend the afternoon on Wixom Lake! Pontoon Alley boasts a shallow, sandy bottom swimming area with a very festive atmosphere!
Public access (DNR Launch Site) on Dundas Road on the Tobacco River side of the lake.
There are currently 57 active listings on Wixom Lake. They range in price from $19,900 - $624,000.00.
January saw 8 new listings on Wixom Lake ranging in price from $30,500 to $329,000. During the month of January we saw no listings expire and 4 homes sell.
Below are featured listings on Wixom Lake. Click on the address to learn more about them.
3974 Lutzke, Beaverton, MI $30,500
5278 Mallard Court, Beaverton, MI $139,000
4237 Grant, Beaverton Michigan $39,900
681 Quillette, Beaverton Michigan $624,000
5444 Heron Cove, Beaverton, Michigan $149,900
627 Quillette, Beaverton, MI $140,000
Click here to search for more available listings on Wixom Lake
Real Estate Market Conditions for Sugar Springs
Lake Lancer & Lancelot
Lake Lancer & Lancelot offer 1,000 acres of water fun with Lake Lancer at 780 acres and Lancelot at 230 acres. These two lakes are private and are for residents of Sugar Springs, a planned community with over 3,200 platted acres. There are 15 private beach clubs along the shores of the lakes for association members only. Some of the beach clubs offer restrooms, showers, swimming, picnic areas and boat launches. Fisherman enjoy the tranquility of the lakes and the Northern Pike, Walleye, Bass and Panfish that can readily be caught from both Lake Lancer & Lake Lancelot. Lake waters are tested annually and treated several times per year to control weeds and infestation allowing boaters, skiers, jet skiers and swimmers to enjoy the waters! Lake Lancer and Lancelot are in Butman Township within Gladwin County.
There are currently 58 active listings on Lake Lancer and Lake Lancelot.
They range in price from $62,000 - $375,000
December saw 2 new listings on Lake Lancer and Lake Lancelot ranging in price from $105,900 to $375,000. During the month of January we saw 1 listing expire and 2 homes sell.
Click here to search for available listings in Sugar Springs!!
Beaverton Craft Show
Beaverton Community Center
142 Saginaw Street, Beaverton, MI
February 11, 2012
9 a.m. - 4 p.m.
Come out and find some cool stuff from local vendors. There will be Valentine and St Patrick's day themed gifts as well. Come shop for unique items.
Selections will include: Jewelry, candles, soap, aroma bears, unique soap arrangements, Avon, pampered chef, bird houses, tupperware, woodcrafts, knitted items, bakery goods, Miche purses and more.
Sloppy joes & hot dogs will be available.
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