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Ferndale Monthly Statistics and Market Analysis Homes Sold January 2010

By
Real Estate Agent with RE/MAX Showcase Homes

Ferndale Monthly Statistics and Market Analysis Homes Sold January 2010

January 2010 median sale prices increased 29% from Dec. 09 & a 45% decrease in # of homes sold. Private owned median increased 49% in Jan. 2010 from Dec. 09.  Bank owned homes median price decreased 13% in January 2010 from Dec. 09. 

January 2010 median sale price increased 63% from January 2009 

Yr ending Jan. ‘10 median sale price compared to yr ending Jan. 09 decreased 31%;

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

Active & Sold January 2010

244 listings:

 

20 Sold listings:

 

Median List Price 

$79,900

Median Sold Price 

$74,550

Avg. Days On Market

147

Avg. Days On Market

87

Private Owned

211 listings

Private Owned

13 Sold 

Median List Price 

$85,000

Median Sold Price 

$121,500

Bank Owned

33 listings

Bank Owned

7 Sold 

Median List Price 

$36,000

Median Sold Price 

$35,000

Active & Sold December 2009

235  listings:

 

29 Sold listings:

 

Median List Price 

$79,900

Median Sold Price 

$53,000

Private Owned

206 listings

Private Owned

17 Sold 

Median List Price 

$85,000

Median Sold Price 

$62,000

Bank Owned

29 listings

Bank Owned

12 Sold 

Median List Price 

$32,000

Median Sold Price 

$40,000

Active & Sold January 2009

248  listings:

 

24 Sold listings:

Median List Price 

$79,375

Median Sold Price 

$27,500

February 1, 2008 – January 31, 2009

604 listings:

 

380 Sold listings:

Median List Price 

$74,900

Median Sold Price 

$63,430

February 1, 2009 – January 31, 2010

691 listings:

 

467 Sold listings:

Median List Price 

$59,900

Median Sold Price 

$44,000

Ferndale Michigan Market Analysis for January 2010 Compares only median sold price of residential homes sold in January 2010 with Dec. 09 & January 2009; year ending Jan. 09 with yr. ending Jan. 2010. 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 December 2009

Market Analysis for Ferndale November 2009

Market Analysis for Ferndale October 2009

Market Analysis for Ferndale September 2009

Market Analysis for Ferndale August 2009

Market Analysis for Ferndale July 2009

Market Analysis for Ferndale June 2009

Market Analysis for Ferndale March 2009

Market Analysis for Ferndale February 2009

Ferndale 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..