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Rochester & Rochester Hills Market Analysis & Statistics for Homes Sold December 2009

By
Real Estate Agent with RE/MAX Showcase Homes

 

Rochester Hills Michigan Market Analysis & Statistics Homes Sold December 2009

December 09 median sale prices remained relatively the same compared to Nov. 09 & a 16% decrease # of homes sold. Bank owned homes median price increased 6% in Dec. 09 from Nov. 09 

Private owned homes median price increased 3% in December 09 from November 09 & # homes sold decreased 18% in December 09

December 09 median sale price remained relatively the same from December 08   

Yr ending Dec. 09 median sale price compared to yr ending Dec. 08 decreased 18%

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds December 2009

494 listings:

 

63 Sold listings:

 

Median List Price 

$225,950

Median Sold Price 

$182,000 

Avg. DOM

242

Avg. DOM

134

Private Owned

452 listings

Private Owned

46 Sold 

Median List Price 

$239,000

Median Sold Price 

$219,500

Bank Owned

42 listings

Bank Owned

17 Sold 

Median List Price 

$130,700

Median Sold Price 

$111,200

Active & Solds November 2009

535 listings:

 

75 Sold listings:

 

Median List Price 

$229,000

Median Sold Price 

$183,000

Private Owned

490 listings

Private Owned

56 Sold 

Median List Price 

$245,000

Median Sold Price 

$213,500

Bank Owned

45 listings

Bank Owned

19 Sold 

Median List Price 

$112,900

Median Sold Price 

$105,000

Active & Solds December 2008

489  listings:

 

58 Sold listings:

Median List Price 

$229,900

Median Sold Price 

$220,750

January 1, 2008 – December 31, 2008

1042 listings:

 

611 Sold listings:

Median List Price 

$234,900

Median Sold Price 

$225,000

January 1, 2009 – December 31, 2009

1156 listings:

 

725 Sold listings:

Median List Price 

$209,000

Median Sold Price 

$185,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in December 09 with November 09 & December 08; year ending Dec. 08 with yr. ending Dec 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $10,000.

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Rochester Hills Market Analysis November 2009

Rochester Hills Market Analysis October 2009

Rochester Hills Market Analysis September 2009

Rochester Hills Market Analysis August 2009

Rochester Hills Market Analysis July 2009

Rochester Hills Market Analysis June 2009

Rochester Hills Market Analysis May 2009

Rochester Hills Market Analysis April 2009

Rochester Hills Market Analysis March 2009

Rochester Hills Market Analysis February 2009

Rochester Hills Market Analysis for January 2009

Rochester Hills Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter..

 

Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Cathy another nice job with your market reports and keeping everyone in the local area up to speed.

Jan 09, 2010 02:56 AM