Market Analysis & Statistics Homes Sold Birmingham MI August 2012

By
Real Estate Agent with RE/MAX Showcase Homes

Market Analysis & Statistics For Birmingham MI August 2012

August 2012 median sale prices increased 09% from July 2012 & # of homes sold increased by 34%.   August 2012 median sale price increased 04% from August 2011. Yr ending August 2012 median sale price compared to yr ending August 2011 increased 16%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

 

Active & Solds August 2012

173 listings:

 

53 Sold listings:

 

Average List Price

$668,162

Average Sold Price

$497,796

Median List Price

$549,000

Median Sold Price

$385,000

Highest List Price

$3,275,000

Highest Sold Price

$1,310 ,000

Lowest List Price

$ 98,900

Lowest Sold Price

$ 120,000

DOM

123

DOM

99

Active & Solds July 2012

155 listings:

 

35 Sold listings:

 

Median List Price

$525,000

Median Sold Price

$350,000

Active & Solds August 2011

155 listings:

 

35 Sold listings:

 

Median List Price

$525,000

Median Sold Price

$370,000

DOM

127

DOM

109

September 1, 2011 – August 31, 2012

550 listings:

 

429 Sold listings:

 

Median List Price

$399,900

Median Sold Price

$350,000

September 1, 2010– August 31, 2011

520 listings:

 

399  Sold listings:

 

Median List Price

$355,000

Median Sold Price

$293,000

Birmingham Market Analysis compares only median sold price of residential homes sold in August 2012 with July 2012 & August 2011; year ending August 2011 with yr ending August 2012.  To exclude leases in data, minimum sale price used was $15,000.

Birmingham 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 customer service.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

 

 

 

 

 

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Cathy Tishhouse

Royal Oak Real Estate
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