Market Analysis For Birmingham MI November 2009
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November 09 median sale prices decreased 7% from October 09 & a 28% increase # of homes sold. Private owned homes median price increased 2% in Nov. 09 from Oct. 09. Bank owned homes median price increased 12% in Nov. 09 from October 09. |
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November 09 median sale price increased 15% from November 08. |
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Yr ending Nov. 2009 median sale price compared to yr ending Nov. 08 decreased 16% |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds November 2009
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333 listings: |
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39 Sold listings: |
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Median List Price |
$390,000 |
Median Sold Price |
$265,000 |
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Avg. DOM |
193 |
Avg. DOM |
141 |
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Private Owned |
304 listings |
Private Owned |
26 Sold |
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Median List Price |
$422,500 |
Median Sold Price |
$302,500 |
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Bank Owned |
29 listings |
Bank Owned |
13 Sold |
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Median List Price |
$257,900 |
Median Sold Price |
$127,500 |
Active & Solds October 2009
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340 listings: |
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28 Sold listings: |
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Median List Price |
$419,500 |
Median Sold Price |
$284,000 |
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Private Owned |
319 listings |
Private Owned |
24 Sold |
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Median List Price |
$450,000 |
Median Sold Price |
$295,000 |
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Bank Owned |
21 listings |
Bank Owned |
4 Sold |
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Median List Price |
$279,900 |
Median Sold Price |
$112,750 |
Active & Solds November 2008
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315 listings: |
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21 Sold listings: |
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Median List Price |
$399,000 |
Median Sold Price |
$224,000 |
December 1, 2008 – November 30, 2009
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628 listings: |
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334 Sold listings: |
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Median List Price |
$349,000 |
Median Sold Price |
$263,750 |
December 1, 2007– November 30, 2008
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537 listings: |
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243 Sold listings: |
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Median List Price |
$367,000 |
Median Sold Price |
$315,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in November 09 with October 09 & November 08; year ending November 08 with yr ending November 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
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Market Analysis for Birmingham February 2009
Birmingham Michigan January 2009 Market Analysis
Oakland County Market Analysis for July 2009
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Oakland County Market Analysis for May 2009
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