Ferndale Monthly Market Analysis Homes Sold April 2010
April 2010 median sale prices decreased 12% from Mar. ’10 & a 22% increase in # of homes sold. Private owned median decreased 18% in April 2010 from March ‘10. Bank owned homes median price decreased 23% in April 2010 from March 2010. April 2010 median sale price increased 39% from April 2009. Yr ending Apr. ‘10 median sale price compared to yr ending Apr. 09 stayed relatively the same.
Active & Sold April 2010
|
299 listings: |
|
51 Sold listings: |
|
|
Average List Price |
$80,853 |
Average Sold Price |
$63,504 |
|
Median List Price |
$74,500 |
Median Sold Price |
$53,500 |
|
Highest List Price |
$274,900 |
Highest Sold Price |
$250,000 |
|
Lowest List Price |
$6,000 |
Lowest Sold Price |
$12,100 |
|
Avg. Days On Market |
123 |
Avg. Days On Market |
72 |
|
Private Owned |
256 listings |
Private Owned |
34 Sold |
|
Median List Price |
$79,900 |
Median Sold Price |
$73,500 |
|
Bank Owned |
43 listings |
Bank Owned |
17 Sold |
|
Median List Price |
$26,900 |
Median Sold Price |
$21,000 |
Active & Sold March 2010
|
265 listings: |
|
40 Sold listings: |
|
|
Median List Price |
$74,900 |
Median Sold Price |
$60,675 |
|
Private Owned |
218 listings |
Private Owned |
22 Sold |
|
Median List Price |
$79,950 |
Median Sold Price |
$89,250 |
|
Bank Owned |
47 listings |
Bank Owned |
18 Sold |
|
Median List Price |
$29,900 |
Median Sold Price |
$27,250 |
Active & Sold April 2009
|
284 listings: |
|
36 Sold listings: |
|
|
Median List Price |
$73,250 |
Median Sold Price |
$32,400 |
May 1, 2008 – April 30, 2009
|
668 listings: |
|
420 Sold listings: |
|
|
Median List Price |
$64,900 |
Median Sold Price |
$49,750 |
May 1, 2009 – April 30, 2010
|
734 listings: |
|
486 Sold listings: |
|
|
Median List Price |
$64,900 |
Median Sold Price |
$50,000 |
Ferndale Michigan Market Analysis for April 2010 Compares only median sold price of residential homes sold in April 2010 with March 2010 & April 2009; 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 $5,000. It also shows a year in review of the market decrease and increase for 2009 through 2010. Statistics rounded to the nearest % - compiled from RealComp II and believed to be reliable.
|
|
Apr |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
Dec |
Jan. |
Feb |
Mar |
|
Compared to previous month |
-05 |
+10 |
+18 |
00 |
-44 |
+11 |
+24 |
+03 |
-07 |
+29 |
-41 |
-12 |
|
Compared to same month previous year (2008 – 2009) |
-59 |
-36 |
-24 |
-24 |
-38 |
-42 |
+08 |
+19 |
+09 |
+63 |
+33 |
+39 |
|
Compared to Yr. Ending same month previous Yr. |
-50 |
-50 |
-57 |
-57 |
-47 |
-50 |
-48 |
-40 |
-34 |
-31 |
-25 |
-25 |
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