Ferndale Michigan Monthly Market Analysis Homes Sold July 2009
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July 09 median sale prices stayed the same from June 09 & a 51% increase in # of homes sold. Private owned median price increased 28% July 09 from June 09 &. Bank owned homes median price increased 17% in July 09 from June 09. |
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July 09 median sale price decreased 24% from July 08 |
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Yr ending July 09 median sale price compared to yr ending July 08 decreased 57%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold July 2009
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296 listings: |
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36 Sold listings: |
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Median List Price |
$89,900 |
Median Sold Price |
$71,250 |
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Avg. Days On Market |
151 |
Avg. Days On Market |
96 |
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Private Owned |
255 listings |
Private Owned |
21 Sold |
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Median List Price |
$99,900 |
Median Sold Price |
$85,000 |
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Bank Owned |
41 listings |
Bank Owned |
15 Sold |
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Median List Price |
$35,000 |
Median Sold Price |
$34,900 |
Active & Sold June 2009
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294 listings: |
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43 Sold listings: |
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Median List Price |
$89,900 |
Median Sold Price |
$44,000 |
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Private Owned |
241 listings |
Private Owned |
21 Sold |
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Median List Price |
$102,000 |
Median Sold Price |
$97,000 |
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Bank Owned |
53 listings |
Bank Owned |
22 Sold |
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Median List Price |
$34,900 |
Median Sold Price |
$24,500 |
Active & Sold July 2008
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302 listings: |
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42 Sold listings: |
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Median List Price |
$89,950 |
Median Sold Price |
$75,300 |
August 1, 2007 – July 31, 2008
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581 listings: |
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322 Sold listings: |
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Median List Price |
$89,900 |
Median Sold Price |
$80,500 |
August 1, 2008 – June 31, 2009
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695 listings: |
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436 Sold listings: |
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Median List Price |
$69,000 |
Median Sold Price |
$43,400 |
Ferndale Michigan Market Analysis for Homes Sold in July 2009 compares only median sold price of residential homes sold in July 09 with June 09 & July 08; year ending July 08 with yr ending July 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.
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Market Analysis for Ferndale June 2009
Market Analysis for Ferndale March 2009
Market Analysis for Ferndale February 2009
Oakland County Market Analysis for July 2009
Oakland County Market Analysis for June 2009
Oakland County Market Analysis for May 2009
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