Market Analysis For Birmingham MI October 2009
October 09 median sale prices increased 5% from September 09 & a 26% decrease # of homes sold. Private owned homes median price decreased 10% in Oct. 09 from Sept. 09. Bank owned homes median price decreased 21% in Oct. 09 from September 09. |
October 09 median sale price increased 16% from October 08. |
Yr ending Oct. 2009 median sale price compared to yr ending Oct. 08 decreased 19% |
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds October 2009
340 listings: |
|
28 Sold listings: |
|
Median List Price |
$419,500 |
Median Sold Price |
$284,000 |
Avg. DOM |
195 |
Avg. DOM |
149 |
Private Owned |
319 listings |
Private Owned |
24 Sold |
Median List Price |
$450,000 |
Median Sold Price |
$295,000 |
Bank Owned |
21 listings |
Bank Owned |
4 Sold |
Median List Price |
$279,900 |
Median Sold Price |
$112,750 |
Active & Solds September 2009
384 listings: |
|
38 Sold listings: |
|
Median List Price |
$399,900 |
Median Sold Price |
$268,762 |
Private Owned |
358 listings |
Private Owned |
27 Sold |
Median List Price |
$439,450 |
Median Sold Price |
$326,250 |
Bank Owned |
26 listings |
Bank Owned |
11 Sold |
Median List Price |
$159,900 |
Median Sold Price |
$142,900 |
Active & Solds October 2008
333 listings: |
|
21 Sold listings: |
|
Median List Price |
$444,900 |
Median Sold Price |
$238,500 |
November 1, 2008 – October 31, 2009
627 listings: |
|
315 Sold listings: |
|
Median List Price |
$350,000 |
Median Sold Price |
$260,000 |
November 1, 2007– October 31, 2008
556 listings: |
|
244 Sold listings: |
|
Median List Price |
$389,950 |
Median Sold Price |
$320,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in October 09 with September 09 & October 08; year ending October 08 with yr ending October 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 September 2009
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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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