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.
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