Market Analysis & Statistics For Birmingham MI April 2010
April 2010 median sale prices increased 3% from March ‘10 & a 17% increase # of homes sold. Private owned homes median price decreased 27% in April ‘10 from March ‘10. Bank owned homes median price increased 38% in April ‘10 from March ‘10. April 2010 median sale price decreased 8% from April 09. Year ending Apr. 2010 median sale price compared to yr ending Apr. 2009 decreased 09%.
Active & Solds April 2010
|
302 listings: |
|
42 Sold listings: |
|
|
Average List Price |
$692,329 |
Average Sold Price |
$313,304 |
|
Median List Price |
$469,000 |
Median Sold Price |
$247,450 |
|
Highest List Price |
$6,395,000 |
Highest Sold Price |
$1,325,000 |
|
Lowest List Price |
$80,000 |
Lowest Sold Price |
$89,900 |
|
Avg. DOM |
165 |
Avg. DOM |
100 |
|
Private Owned |
284 listings |
Private Owned |
31 Sold |
|
Median List Price |
$499,000 |
Median Sold Price |
$245,000 |
|
Bank Owned |
18 listings |
Bank Owned |
11 Sold |
|
Median List Price |
$266,200 |
Median Sold Price |
$251,535 |
Active & Solds March 2010
|
310 listings: |
|
35 Sold listings: |
|
|
Median List Price |
$447,000 |
Median Sold Price |
$240,000 |
|
Private Owned |
285 listings |
Private Owned |
24 Sold |
|
Median List Price |
$490,000 |
Median Sold Price |
$334,000 |
|
Bank Owned |
25 listings |
Bank Owned |
11 Sold |
|
Median List Price |
$205,000 |
Median Sold Price |
$156,900 |
Active & Solds April 2009
|
292 listings: |
|
32 Sold listings: |
|
|
Median List Price |
$492,500 |
Median Sold Price |
$269,500 |
May 1, 2009 – April 30, 2010
|
685 listings: |
|
425 Sold listings: |
|
|
Median List Price |
$349,900 |
Median Sold Price |
$262,500 |
May 1, 2008– April 30, 2009
|
543 listings: |
|
283 Sold listings: |
|
|
Median List Price |
$399,900 |
Median Sold Price |
$290,000 |
|
|
Apr |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
|
Compared to previous month |
-07 |
-01 |
+18 |
-02 |
+16 |
-23 |
+05 |
-07 |
00 |
+18 |
-38 |
+03 |
|
Compared to same month previous year |
-11 |
-31 |
-29 |
-02 |
-12 |
-01 |
+16 |
+15 |
+11 |
+41 |
-30 |
-08 |
|
Compared to Yr. Ending same month previous Yr. |
-17 |
-22 |
-23 |
-19 |
-20 |
-21 |
-19 |
-16 |
-13 |
-11 |
-13 |
-09 |
Birmingham Market Analysis compares only median sold price of residential homes sold in Apirl 2010 with March 2010 & April 09; year ending April 09 with yr ending April 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. It also shows a year in review of the market decrease and increase for 2009 through 2010. Statistics rounded to nearest % - compiled from RealCompII data and believed to be reliable.
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