Market Analysis For Birmingham MI August 2009
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August 09 median sale prices increased 16% from July 09 & a 16% decrease # of homes sold. Private owned homes median price increased 16% in August 09 from July 09. Bank owned homes median price decreased 43% in August 09 from July 09. |
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August 09 median sale price decreased 12% from August 08. |
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Yr ending August 2009 median sale price compared to yr ending Aug 08 decreased 20% |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds August 2009
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370 listings: |
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27 Sold listings: |
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Median List Price |
$419,950 |
Median Sold Price |
$350,000 |
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Avg. DOM |
202 |
Avg. DOM |
110 |
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Private Owned |
350 listings |
Private Owned |
22 Sold |
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Median List Price |
$445,000 |
Median Sold Price |
$441,750 |
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Bank Owned |
20 listings |
Bank Owned |
5 Sold |
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Median List Price |
$154,950 |
Median Sold Price |
$142,000 |
Active & Solds July 2009
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400 listings: |
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32 Sold listings: |
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Median List Price |
$442,450 |
Median Sold Price |
$295,000 |
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Private Owned |
371 listings |
Private Owned |
20 Sold |
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Median List Price |
$455,000 |
Median Sold Price |
$370,000 |
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Bank Owned |
29 listings |
Bank Owned |
12 Sold |
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Median List Price |
$153,450 |
Median Sold Price |
$250,000 |
Active & Solds August 2008
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368 listings: |
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25 Sold listings: |
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Median List Price |
$422,450 |
Median Sold Price |
$400,000 |
September 1, 2008 – August 31, 2009
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627 listings: |
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284 Sold listings: |
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Median List Price |
$350,000 |
Median Sold Price |
$257,500 |
September 1, 2007– August 31, 2008
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579 listings: |
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236 Sold listings: |
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Median List Price |
$389,000 |
Median Sold Price |
$322,250 |
Compares only median sold price of residential homes sold in August 09 with July 09 & August 08; year ending August 08 with yr ending August 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
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Market Analysis for Birmingham July 2009
Market Analysis for Birmingham June 2009
Market Analysis for Birmingham May 2009
Market Analysis for Birmingham April 2009
Market Analysis for Birmingham March 2009
Market Analysis for Birmingham February 2009
Birmingham Michigan January 2009 Market Analysis
Oakland County Market Analysis for July 2009
Oakland County Market Analysis for June 2009
Oakland County Market Analysis for May 2009
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