Ferndale Monthly Market Analysis Homes Sold November 2010
November 2010 median sale prices decreased 32% from October 2010 & a 10% decrease in # of homes sold. Private owned median decreased 06% in November 2010 from October 2010. Bank owned homes median price increased 04% in November 2010 from October 2010. November 2010 median sale price decreased 45% from November 2009. Yr ending November 2010 median sale price compared to yr ending November 2009 increased 11%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable
Active & Sold November 2010
265 listings: | 37 Sold listings: | ||
Average List Price | $66,745 | Average Sold Price | $55,880 |
Median List Price | $55,000 | Median Sold Price | $31,000 |
Highest List Price | $225,000 | Highest Sold Price | $205,000 |
Lowest List Price | $ 8,900 | Lowest Sold Price | $12,250 |
Avg. Days On Market | 146 | Avg. Days On Market | 84 |
Private Owned | 212 listings | Private Owned | 19 Sold |
Median List Price | $65,000 | Median Sold Price | $75,000 |
Bank Owned | 53 listings | Bank Owned | 18 Sold |
Median List Price | $27,900 | Median Sold Price | $24,700 |
Active & Sold October 2010
295 listings: | 41 Sold listings: | ||
Median List Price | $63,000 | Median Sold Price | $45,500 |
Private Owned | 247 listings | Private Owned | 27 Sold |
Median List Price | $70,000 | Median Sold Price | $80,000 |
Bank Owned | 48 listings | Bank Owned | 14 Sold |
Median List Price | $34,400 | Median Sold Price | $23,800 |
Active & Sold November 2009
269 listings: | 41 Sold listings: | ||
Median List Price | $59,900 | Median Sold Price | $56,000 |
December 1, 2008 – November 30, 2009
698 listings: | 470 Sold listings: | ||
Median List Price | $49,900 | Median Sold Price | $41,950 |
December 1, 2009 – November 30, 2010
652 listings: | 424 Sold listings: | ||
Median List Price | $54,900 | Median Sold Price | $46,900 |
Ferndale Michigan Market Analysis for November 2010 Compares only median sold price of residential homes sold in November 2010 with October 2010 & November 2009; year ending November 2009 with yr ending November 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.
To see more statistics from previous months for Ferndale Homes Sold, click here.
Ferndale Michigan Realtor selling Oakland County Real Estate. TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan. Helping People in a challenging market by specializing in Short Sales. See what my clients have to say about my extraordinary customer service. Follow me onTwitter.
Comments(0)