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Beverly Hills Michigan Market Analysis Statistics for Homes Sold April 2010

By
Real Estate Agent with RE/MAX Showcase Homes

Market Analysis Homes Sold in Beverly Hills MI April 2010

April 2010 median sale prices decreased 23% from March 2010 & # of homes sold increased 26%. Private owned median prices decreased 21% in April 2010 from March ‘10 & # of homes increased 47%. Bank owned homes median price decreased 49% in April 2010 from March 2010 and  # of homes sold decreased 25% in April 2010 from March 2010. April 2010 median sale price decreased 23% from April 2009 with a 43% increase in # homes sold in April ’10. Year ending Apr. 2010 median sale price compared to yr ending Apr. 2009 decreased 10%.

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

Active & Sold April 2010

109 listings:

 

23 Sold listings:

 

Average List Price

$237,588

Average Sold Price

$170,472

Median List Price 

$219,900

Median Sold Price 

$135,000

Highest List Price

$1,200,000

Highest Sold Price

$565,000

Lowest List Price

$39,900

Lowest Sold Price

$25,500

Avg. Days On Market

166

Avg. Days On Market

175

Private Owned

92 listings

Private Owned

17 Sold 

Median List Price 

$234,950

Median Sold Price 

$155,000 

Bank Owned

17 listings

Bank Owned

6 Sold 

Median List Price 

$140,000

Median Sold Price 

$81,325

Active & Sold March 2010

109 listings:

 

17 Sold listings:

 

Median List Price 

$215,000

Median Sold Price 

$175,000

Private Owned

92 listings

Private Owned

9 Sold 

Median List Price 

$225,000

Median Sold Price 

$196,000

Bank Owned

17 listings

Bank Owned

8 Sold 

Median List Price 

$160,800

Median Sold Price 

$160,000

Active & Sold April 2009

98  listings:

 

13 Sold listings:

Median List Price 

$234,950

Median Sold Price 

$175,000

May 1, 2008 – April 30, 2009

191 listings:

 

106 Sold listings:

Median List Price 

$225,000

Median Sold Price 

$196,750

May1, 2009 – April 30, 2010

254 listings:

 

169 Sold listings:

Median List Price 

$214,950

Median Sold Price 

$177,300

Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in April 2010 with March 2010 & April 09; year ending April 09 with year ending April 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. It also shows a year in review of the market decrease and increase for 2009 through 2010.

 

May

June

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

Compared to previous month

-14

+20

+18

-18

+16

-16

-23

+28

-11

-34

+33

-23

Compared to same month previous year (2008 – 2009)

-34

-22

-16

-18

-07

+03

-20

+33

-05

-09

+65

-23

Compared to Yr. Ending same month previous Yr.

-28

-30

-27

-24

-24

-19

-21

-08

-09

-09

-09

-10

Click here for all statistics and market analysis for Beverly Hills Michigan

 

Click here for a market analysis of homes sold in 2009 and last five years

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

Beverly Hills Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real EstateSoutheastern 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..

Loan Survivor Real Estate Financing Expert
Purchases, First Time Buyers, Pre-Approvals, Refinance - Birmingham, MI

So many numbers it makes my head spin!  You obviously know your market:)

Jun 30, 2010 03:52 PM