Ferndale Monthly Market Analysis Homes Sold December 2010
December 2010 median sale prices increased 11% from November 2010 & a 05% decrease in # of homes sold. Private owned median decreased 13% in December 2010 from November 2010. Bank owned homes median price increased 07% in December 2010 from November 2010. December 2010 median sale price decreased 36% from December 2009. Yr ending December 2010 median sale price compared to yr ending December 2009 stayed about the same. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable
Active & Sold December 2010
263 listings: | 35 Sold listings: | ||
Average List Price | $65,431 | Average Sold Price | $48,335 |
Median List Price | $55,000 | Median Sold Price | $35,000 |
Highest List Price | $225,000 | Highest Sold Price | $212,500 |
Lowest List Price | $ 8,900 | Lowest Sold Price | $ 6,000 |
Avg. Days On Market | 146 | Avg. Days On Market | 84 |
Private Owned | 210 listings | Private Owned | 17 Sold |
Median List Price | $65,000 | Median Sold Price | $64,900 |
Bank Owned | 53 listings | Bank Owned | 18 Sold |
Median List Price | $27,000 | Median Sold Price | $26,500 |
Active & Sold November 2010
265 listings: | 37 Sold listings: | ||
Median List Price | $55,000 | Median Sold Price | $31,000 |
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 December 2009
260 listings: | 32 Sold listings: | ||
Median List Price | $59,900 | Median Sold Price | $54,950 |
January 1, 2009 – December 31, 2009
700 listings: | 472 Sold listings: | ||
Median List Price | $49,900 | Median Sold Price | $43,025 |
January 1, 2010 – December 31, 2010
655 listings: | 427 Sold listings: | ||
Median List Price | $50,000 | Median Sold Price | $43,000 |
Ferndale Michigan Market Analysis for November 2010 Compares only median sold price of residential homes sold in December 2010 with November 2010 & December 2009; year ending December 2009 with yr ending December 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.
o see more statistics from previous months for Ferndale Homes Sold, click here.
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