Market Analysis for Homes Sold in Berkley MI July 2010
July 2010 median sale prices decreased 17% from June 2010 & # of homes sold decreased 27%. Private owned median prices decreased 7% in July 2010 from June 2010 & # of homes sold decreased 30%. Bank owned homes median price decreased 20% in July 2010 from June 2010. July 2010 median sale price decreased 01% from July 2009 & and # homes sold decreased 39% in July 2010. Year ending July 2010 median sale price compared to yr ending July 2009 decreased 06%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold July 2010
|
158 listings: |
|
22 Sold listings: |
|
|
Average List Price |
$124,139 |
Average Sold Price |
$103,616 |
|
Median List Price |
$124,900 |
Median Sold Price |
$90,000 |
|
Highest List Price |
$319,900 |
Highest Sold Price |
$235,000 |
|
Lowest List Price |
$26,900 |
Lowest Sold Price |
$27,000 |
|
Avg. Days On Market |
127 |
Avg. Days On Market |
77 |
|
Private Owned |
139 listings |
Private Owned |
16 Sold |
|
Median List Price |
$129,900 |
Median Sold Price |
$102,500 |
|
Bank Owned |
19 listings |
Bank Owned |
6 Sold |
|
Median List Price |
$65,600 |
Median Sold Price |
$60,000 |
Active & Sold June 2010
|
179 listings: |
|
30 Sold listings: |
|
|
Median List Price |
$120,000 |
Median Sold Price |
$109,000 |
|
Private Owned |
155 listings |
Private Owned |
23 Sold |
|
Median List Price |
$129,900 |
Median Sold Price |
$110,000 |
|
Bank Owned |
24 listings |
Bank Owned |
7 Sold |
|
Median List Price |
$79,900 |
Median Sold Price |
$75,000 |
Active & Sold July 2009
|
172 listings: |
|
36 Sold listings: |
|
|
Median List Price |
$119,950 |
Median Sold Price |
$91,000 |
August 1, 2008 – July 31, 2009
|
388 listings: |
|
252 Sold listings: |
|
|
Median List Price |
$124,900 |
Median Sold Price |
$115,000 |
August 1, 2009 – July 30, 2010
|
409 listings: |
|
273 Sold listings: |
|
|
Median List Price |
$119,900 |
Median Sold Price |
$108,000 |
|
|
Aug |
Sept |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
June |
July |
|
Compared to previous month |
+21 |
-29 |
+15 |
00 |
+19 |
-32 |
-02 |
+24 |
+12 |
+04 |
-22 |
-17 |
|
Compared to same month previous year (2008 – 2009) |
-14 |
-39 |
-30 |
-25 |
+09 |
-24 |
+09 |
+07 |
+21 |
+44 |
+05 |
-01 |
|
Compared to Yr. Ending same month previous Yr. |
-21 |
-26 |
-30 |
-28 |
-28 |
-27 |
-26 |
-26 |
-24 |
-15 |
-11 |
-06 |
Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in July 2010 with June 2010 & July 2009; year ending July 09 with year 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 $5,000.
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