Market Analysis & Statistics For Birmingham MI July 2010
July 2010 median sale prices increased 25% from June 2010 & a 36% decrease # of homes sold. Private owned homes median price increased 17% in July ‘10 from June 2010. Bank owned homes median price decreased 20% in July 2010 from June 2010. July 2010 median sale price increased 08% from July 2009. Yr ending July 2010 median sale price compared to yr ending July 2009 decreased 01%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds July 2010
|
299 listings: |
|
29 Sold listings: |
|
|
Average List Price |
$656,840 |
Average Sold Price |
$345,452 |
|
Median List Price |
$460,000 |
Median Sold Price |
$320,000 |
|
Highest List Price |
$5,900,000 |
Highest Sold Price |
$759,000 |
|
Lowest List Price |
$64,900 |
Lowest Sold Price |
$82,500 |
|
Avg. DOM |
170 |
Avg. DOM |
110 |
|
Private Owned |
284 listings |
Private Owned |
27 Sold |
|
Median List Price |
$484,000 |
Median Sold Price |
$375,000 |
|
Bank Owned |
15 listings |
Bank Owned |
2 Sold |
|
Median List Price |
$144,296 |
Median Sold Price |
$140,866 |
Active & Solds June 2010
|
327 listings: |
|
45 Sold listings: |
|
|
Median List Price |
$465.000 |
Median Sold Price |
$240,000 |
|
Private Owned |
311 listings |
Private Owned |
37 Sold |
|
Median List Price |
$479,000 |
Median Sold Price |
$310,000 |
|
Bank Owned |
16 listings |
Bank Owned |
8 Sold |
|
Median List Price |
$212,400 |
Median Sold Price |
$176,562 |
Active & Solds July 2009
|
302 listings: |
|
32 Sold listings: |
|
|
Median List Price |
$462,500 |
Median Sold Price |
$295,000 |
August 1, 2009 – July 31, 2010
|
685 listings: |
|
415 Sold listings: |
|
|
Median List Price |
$349,000 |
Median Sold Price |
$260,000 |
August 1, 2008– July 31, 2009
|
552 listings: |
|
282 Sold listings: |
|
|
Median List Price |
$387,000 |
Median Sold Price |
$263,750 |
Birmingham Market Analysis compares only median sold price of residential homes sold in July 2010 with June 2010 & July 09; year ending July 09 with yr ending July 2010. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
|
|
Aug |
Sept |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
June |
July |
|
Compared to previous month |
+16 |
-23 |
+05 |
-07 |
00 |
+18 |
-38 |
+18 |
-03 |
-23 |
+21 |
+25 |
|
Compared to same month previous year |
-12 |
-01 |
+16 |
+15 |
+11 |
+41 |
-30 |
-07 |
-08 |
-23 |
+03 |
+08 |
|
Compared to Yr. Ending same month previous Yr. |
-20 |
-21 |
-19 |
-16 |
-13 |
-11 |
-13 |
-07 |
-09 |
-04 |
-01 |
-01 |
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