Market Analysis & Statistics For Birmingham MI July 2011
July 2011 median sale prices increased 13% from June 2011 & # of homes sold increased 23% from June 2011. Private owned homes median price increased 03% in July 2011 from June 2011. Bank owned homes median price decreased 40% in July 2011 from June 2011. July 2011 median sale price increased 08% from July 2010. Yr ending July 2011 median sale price compared to yr ending July 2010 increased 05%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds July 2011
|
249 listings: |
48 Sold listings: |
||
| Average List Price | $621,116 | Average Sold Price | $472,969 |
| Median List Price | $449,900 | Median Sold Price | $338,583 |
| Highest List Price | $3,400,000 | Highest Sold Price | $2,199,000 |
| Lowest List Price | $14,975 | Lowest Sold Price | $ 85,000 |
|
Avg. DOM |
171 |
Avg. DOM |
155 |
|
Private Owned |
241 listings |
Private Owned |
45 Sold |
| Median List Price | $450,000 | Median Sold Price | $340,000 |
|
Bank Owned |
8 listings |
Bank Owned |
3 Sold |
| Median List Price | $141,200 | Median Sold Price | $138,000 |
Active & Solds June 2011
|
247 listings: |
37 Sold listings: |
||
| Median List Price | $449,900 | Median Sold Price | $296,000 |
|
Private Owned |
238 listings |
Private Owned |
32 Sold |
| Median List Price | $459,000 | Median Sold Price | $331,500 |
|
Bank Owned |
9 listings |
Bank Owned |
5 Sold |
| Median List Price | $209,900 | Median Sold Price | $230,000 |
Active & Solds July 2010
|
231 listings: |
30 Sold listings: |
|
|
| Median List Price | $449,900 | Median Sold Price | $311,000 |
August 1, 2010 – July 31, 2011
|
597 listings: |
396 Sold listings: |
|
|
| Median List Price | $349,900 | Median Sold Price | $275,000 |
August 1, 2009– July 31, 2010
|
618 listings: |
417 Sold listings: |
|
|
| Median List Price | $343,000 | Median Sold Price | $260,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in July 2011 with June 2011 & July 2010; year ending July 2010 with yr ending July 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $10,000.
Click here to view Birmingham Michigan previous months market statistics.
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