Birmingham Michigan and Metro Detroit Real Estate

head_left_image

Oakland County Michigan Market Analysis May 2009

 

The following is a monthly market analysis for Oakland County Michigan Real Estate.  It compares only residential homes sold in May 2009 with April 2009 to determine the # of homes sold for the month and the increase/decrease in median sold price.  It shows all homes sold then private owned vs. Bank Owned/HUD.  In the latter part of 2008, Realtors were required to categorize ownership status so figures are not accurate for bank owned in earlier months and not calculated.   Oakland County Market Analysis for Homes Sold also compares year ending May 2008 to May 2009.   Since Pontiac & Southfield have been hit hard with foreclosures, this market analysis calculates sold prices with and without these cities. This verifies importance of not using generalities when determining market trends-individual cities vary according to # of foreclosures, schools and property taxes.  To insure most leases are not included in data, minimum sale price used was $10,000.

Market Analysis for Oakland County May 2009

May 09 median price for All Oakland County homes remained the same from April 09.  # Of homes sold in May 09 decreased 6% from April 09

Southfield & Pontiac are cities hit heavily with foreclosures that affect the overall median price of homes sold in Oakland County.  Taking out these cities in the analysis shows a very slight decrease in overall sold median price in May 09 and a 12% decrease sold price in bank owned for May 09

There is a 72% higher median price of private owned homes sold in all of Oakland County compared to private owned in just cities of Pontiac & Southfield

May 09 median sale price decreased 32% from May 08 & 3% increase in # homes sold.   As Pontiac & Southfield indicate, sold prices vary from city to city and must be calculated independently to get a true picture of current market trends.

Medium Sale price yr ending May 09 compared to yr ending May 08 decreased 26%

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

All Active & Sold May 2009

11611 listings:

 

1027 Sold listings:

 

Median List Price 

$189,000

Median Sold Price 

$105,000

Avg. DOM

184

Avg. DOM

113

Private Owned

9983 listings

Private Owned

469 Sold

Median List Price

204,900

Median Sold Price

162,740

Avg. DOM

201

Avg. DOM

155

Bank Owned

1628 listings

Bank Owned

558 Sold 

Median List Price 

$75,800

Median Sold Price 

$62,050

Avg. DOM

86

Avg. DOM

78

All Actives & Sold May 09 w/o Pontiac & Southfield

10611 listings:

 

906 Sold listings:

 

Median List Price 

$199,900

Median Sold Price 

$122,000

All Private Owned Actives & Sold May 09 w/o Pontiac & Southfield

9257 listings:

 

448 Sold listings:

 

Median List Price 

$220,000

Median Sold Price 

$170,000

All Private Owned Actives & Sold May 09 in Pontiac & Southfield

726 listings:

 

21 Sold listings:

 

Median List Price 

$79,900

Median Sold Price 

$47,000

Bank Owned Actives & Sold May 09 w/o Pontiac & Southfield

1354 listings:

 

458  Sold listings:

 

Median List Price 

$89,900

Median Sold Price 

$74,000

All Active & Sold April 2009

11629  listings:

 

1088 Sold listings:

 

Median List Price 

$184,900

Median Sold Price 

$105,000

Bank Owned

1809 listings

Bank Owned

649 Sold 

Median List Price 

$78,300

Median Sold Price 

$65,900

Actives & Sold April 09 w/o Pontiac & Southfield

10618  listings:

 

959 Sold listings:

 

Median List Price 

$199,900

Median Sold Price 

$122,500

Private Owned Actives & Sold April 09 w/o Pontiac & Southfield

9119 listings:

 

422 Sold listings:

 

Median List Price 

$220,000

Median Sold Price 

$165,920

Bank Owned Actives & Sold April 09 w/o Pontiac & Southfield

1499 listings:

 

537 Sold listings:

 

Median List Price 

$89,900

Median Sold Price 

$84,500

All Actives & Sold May 08 

11584 listings:

 

1000 Sold listings:

 

Median List Price 

$189,900

Median Sold Price 

$155,000

June 1, 2007 – May 31, 2008 – All Homes

20777 listings:

 

10193 Sold listings:

Median List Price 

$189,500

Median Sold Price 

$175,000

June 1, 2008 – May 31, 2009 – All Homes

22648 listings:

 

12064 Sold listings:

Median List Price 

$159,900

Median Sold Price 

$128,900

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

 

Oakland County Market Analysis for April 2009

Oakland County Market Analysis for March 2009

Oakland County Market Analysis for February 2009

Oakland County Market Analysis for January 2009

Oakland County Michigan Realtor selling Oakland County Real Estate.   TishHouse sells Houses - selling Real Estate in 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 on Twitter.

 

353 Emmons, Lincoln Park, Michigan 48146

Banner for home for sale in Lincoln Park Michigan

The pictures say it all - Stylish, well maintained home that is ready to move in.  Perfect for a first time buyer who wants to take advantage of first time buyer credit.  This good sized Bungalow - over 1400 square feet- has an upstairs half bathroom in the master bedroom - always a plus - and a good sized closet. Hardwood floors on lower level and finished basement with office and laundry room.  All appliances stay.  Nicely landscaped yard in family neighborhood with fenced backyard and 1 and half car garage.  Central air, sprinklers and so much more.

 

Wayne County Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.

 

Berkley Michigan Art Bash

 

With two great events in Oakland County Michigan, I split my time between the Berkley Michigan Art Bash and the Royal Oak Clay Glass & Metal Show.  There were around 65 artists at the 8th Annual Art Bash in downtown Berkley and my favorite part of the art fair were two budding artists at the “spin art” booth.  This is the type of activity that always attracted me at similar fairs as a younger person and I probably would rather have been spinning that shooting video.  However these two girls captured my interest with their creativity and persistence in getting just the right colors.

 

Even though the “budding young artists” caught most of my attention, I also enjoyed the chimes made of silverware, the pet dinner plates and the music. . . I did manage to pass up the candy-roasted cashews – usually an automatic treat at street fairs.  It was definitely a day well spent.

 

Berkley Michigan Art Bash from Cathy Tishhouse on Vimeo.

 

If you are looking to Purchase a Home in the Berkley area, click here for an IDX Home Search

 

If you are looking to Sell a Home in the Berkley area, click here for an outline of our Marketing Strategy

 

Berkley Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

 

Clay Glass & Metal Street Fair in Downtown Royal Oak Michigan

 

The Clay Glass and Metal Street Fair is one of Royal Oak's Chamber of Commerce most popular annual events! I attended the Royal Oak in Bloom and did not want to pass up another opportunity to stroll downtown Royal Oak.  Between the Clay Glass & Metal Show, Royal Oak in Bloom and the Antique & garage sale, an estimated 80,000 visitors come to the city each year.  This show is dedicated to artwork created with heat and this was the first year that metal was included.

 

The event also featured live demos, children's activities, entertainment and food (of course). Sidewalk Cafes were open and I was tempted to get a table and people watch but wanted to also visit the Berkley Art Bash going on the simultaneously.  As evidenced in the following video, I love to focus on children and appreciate their participation in these events.  From petting dogs, making beads, gluing sand to paper and just having fun, their involvement and freedom of expression is heart warming.

 

Royal Oak Michigan Clay Glass & Metal Show from Cathy Tishhouse on Vimeo.

If you are looking to Purchase a Home in the Royal Oak area, click here for an IDX Home Search

 

If you are looking to Sell a Home in the Royal Oak area, click here for an outline of our Marketing Strategy

Royal Oak Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

 

Rochester & Rochester Hills Michigan Market Analysis Homes Sold for May 2009

 

he following is a monthly market analysis for Rochester & Rochester Hills Michigan.  It compares only residential homes sold in May 2009 with April 2009 to determine the # of homes sold for the month and the increase or decrease in median sold price.  It shows all homes sold then private owned vs. Bank Owned/HUD.  In the latter part of 2008, Realtors were required to categorize ownership status so figures are not accurate for bank owned in earlier months and not calculated.  To exclude leases in data, minimum sale price used was $10,000.

May 2009 Market Analysis Rochester Hills

May 09 median sale prices decreased 4% from April 09 & a 21% increase # of homes sold. Bank owned homes median price decreased 11% in May 09 from April 09 # of bank owned homes sold remained the same

Private owned homes median price decreased 3% in May 09 from April 09 & # sold increased 35% in May 09

May 09 median sale price decreased 13% from May 08 & # homes sold increased 18%.  

Year ending May 2009 median sale price compared to yr ending May 08 decreased 14%;

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds May 2009

644 listings:

 

56 Sold listings:

 

Median List Price 

$ 239,900

Median Sold Price 

$189,950 

Avg. DOM

226

Avg. DOM

139

Private Owned

578 listings

Private Owned

34 Sold 

Median List Price 

$249,900

Median Sold Price 

$245,000

Bank Owned

66 listings

Bank Owned

22 Sold 

Median List Price 

$125,950

Median Sold Price 

$113,450

Active & Solds April 2009

643 listings:

 

44 Sold listings:

 

Median List Price 

$239,838

Median Sold Price 

$198,250

Private Owned

574 listings

Private Owned

22 Sold 

Median List Price 

$249,900

Median Sold Price 

$253,500

Bank Owned

69 listings

Bank Owned

22 Sold 

Median List Price 

$129,000

Median Sold Price 

$127,950

Active & Solds May 2008

634  listings:

 

46 Sold listings:

Median List Price 

$239,900

Median Sold Price 

$218,500

June 1, 2007 – May 31, 2008

1206 listings:

 

618 Sold listings:

Median List Price 

$249,900

Median Sold Price 

$250,000

June 1, 2008 – May 31, 2009

1216 listings:

 

628 Sold listings:

Median List Price 

$234,950

Median Sold Price 

$215,000

If you are looking to Purchase a Home, click here for an IDX Home Search

 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

 

Rochester Hills Market Analysis April 2009

Rochester Hills Market Analysis March 2009

Rochester Hills Market Analysis February 2009

Rochester Hills Market Analysis for January 2009

Oakland County Market Analysis for April 2009

Oakland County Market Analysis for March 2009

Oakland County Market Analysis for February 2009

Rochester Hills Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

 

 

Birmingham Michigan Market Analysis Homes Sold May 2009

 

The following is a monthly market analysis for Birmingham Michigan Real Estate.  It compares only residential homes sold in May 2009 with April 2009 to determine the # of homes sold for the month and the increase or decrease in median sold price.  It shows all homes sold then private owned vs. Bank Owned/HUD.  In the latter part of 2008, Realtors were required to categorize ownership status so figures are not accurate for bank owned in earlier months and not calculated.   Birmingham Market Analysis of Homes Sold also compares year ending May2008 to May 2009.  To exclude leases in data, minimum sale price used was $5,000.

Market Analysis For Birmingham MI May 2009

May 09 median sale prices increased 1% from April 09 & a 23% decrease # of homes sold. Private owned homes median price decreased 30% in May 09.  Bank owned homes median price increased 15% in May 09 from April 09. # of bank owned homes sold decreased 44% in May 09 from April 09

May 09 median sale price decreased 31% from May 08 # homes sold stayed the same in May 09 and May 2008.  

Year ending May 2008 median sale price compared to yr ending May 09 decreased 22%;

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds May 2009

419 listings:

 

23 Sold listings:

 

Median List Price 

$429,000

Median Sold Price 

$250,650

Avg. DOM

195

Avg. DOM

135

Private Owned

390 listings

Private Owned

14 Sold 

Median List Price 

$449,950

Median Sold Price 

$275,250

Bank Owned

29 listings

Bank Owned

9 Sold 

Median List Price 

$190,000

Median Sold Price 

$217,000

Active & Solds April 2009

406 listings:

 

30 Sold listings:

 

Median List Price 

$425,000

Median Sold Price 

$247,500

Private Owned

366 listings

Private Owned

14 Sold 

Median List Price 

$450,000

Median Sold Price 

$393,750

Bank Owned

40 listings

Bank Owned

16 Sold 

Median List Price 

$166,400

Median Sold Price 

$184,450

Active & Solds May 2008

419 listings:

 

23 Sold listings:

Median List Price 

$444,900

Median Sold Price 

$365,000

June 1, 2007 – April 30, 2008

648 listings:

 

252 Sold listings:

Median List Price 

$399,900

Median Sold Price 

$340,000

June 1, 2008 – April 30, 2009

662 listings:

 

266 Sold listings:

Median List Price 

$375,000

Median Sold Price 

$263,750

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

 

Market Analysis for Birmingham April 2009

Market Analysis for Birmingham March 2009

Market Analysis for Birmingham February 2009

Birmingham Michigan January 2009 Market Analysis

Oakland County Market Analysis for April 2009

Oakland County Market Analysis for March 2009

Oakland County Market Analysis for February 2009

Birmingham Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

 

Royal Oak Michigan Market Analysis Homes Sold May 2009

 

The following is a monthly market analysis for Royal Oak Michigan.  It compares only residential homes sold in May 2009 with April 2009 to determine the # of homes sold for the month and the increase or decrease in median sold price.  It shows all homes sold then private owned vs. Bank Owned/HUD.  In latter part 2008, Realtors were required to categorize ownership status so figures are not accurate for bank owned in earlier months and not calculated.  To exclude leases in data, minimum sale price used was $5,000.

May Market Analysis for Royal Oak

May 09 median sale prices increased 22% from April 09 & # of homes sold increased 19%. Private owned median price decreased 3% in May 09 from April 09.  Bank owned homes median price decreased 3% in May 09 from April 09. 

May 09 median sale price decreased 20% from May 08 & # homes decreased 10%  

Year ending May 2009 median sale price compared to yr ending May 08 decreased 20%;

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Sold May 2009

584 listings:

 

63  Sold listings:

 

Average List Price

$161,428

Average Sold Price

$114,994

Median List Price 

$149,900

Median Sold Price 

$120,000

Highest List Price

$695,000

Highest Sold Price

$223,500

Lowest List Price

$29,900

Lowest Sold Price

$21,000

Avg. Days On Market

154

Avg. Days On Market

128

Private Owned

536 listings

Private Owned

48 Sold 

Median List Price 

$154,450

Median Sold Price 

$132,000 

Bank Owned

48 listings

Bank Owned

15 Sold 

Median List Price 

$76,862

Median Sold Price 

$72,000

Active & Sold April 2009

586 listings:

 

51 Sold listings:

 

Median List Price 

$149,947

Median Sold Price 

$94,000

Private Owned

512 listings

Private Owned

28 Sold 

Median List Price 

$159,900

Median Sold Price 

$135,650

Bank Owned

74 listings

Bank Owned

23 Sold 

Median List Price 

$79,900

Median Sold Price 

$74,000

Active & Sold May 2008

591  listings:

 

70 Sold listings:

Median List Price 

$154,900

Median Sold Price 

$149,250

June 1, 2007 – May 31, 2008

1192 listings:

 

671 Sold listings:

Median List Price 

$164,500

Median Sold Price 

$165,000

June 1, 2008 – May 31, 2009

1182 listings:

 

661 Sold listings:

Median List Price 

$144,900

Median Sold Price 

$132,000

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

 

Market Analysis for Royal Oak April 2009

Market Analysis for Royal Oak March 2009

Market Analysis for Royal Oak February 2009

Oakland County Market Analysis for April 2009

Oakland County Market Analysis for March 2009

Royal Oak Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

 

Birmingham Michigan Village Fair

 

Working within a few blocks of Birmingham Michigan, I often attend the events in Shain Park.  Days before the 46th annual Village Fair, I was downtown and saw the Ferris wheel going up.  Being a favorite of mine growing up on the west side of Michigan, my attendance was almost guaranteed.  I was going out of town the weekend of the Village Fair but it opened on a Thursday and it was my only chance.  I worked until 8PM and it looked a bit like rain but I couldn’t resist stopping by.   And sure enough, you will see my video view of Birmingham from the very top of the Ferris wheel.  What’s more, the attendance was minimal at the fair in the evening and they said the ride required two people.  They took mercy on me (the camcorder must have counted) and I was the only one riding and they stopped for a few minutes at the very top . . .

 

Birmingham Michigan Village Fair from Cathy Tishhouse on Vimeo.

 

 

The rides were definitely the hit at the fair.  I did encounter a young very excited boy (declined to be in the video) helping to locate his sister’s shoe.  I saw them bringing a broom to the booth and stopped to inquire.  He explained how they were riding “Freak Out” and his sister lost her shoe, which landed on the top of the tent.  On a quieter note, I couldn’t resist filming the floating ducks – these brought back by earliest memories of picking one up to see the number and always winning something.  It was great weather and all weekend and I imagined the crowds the Birmingham Village Fair must have had and the fun I would have captured – but then I wouldn’t have had my very own private ride on the Ferris wheel.

 

If you are looking to Purchase a Home in the Birmingham Michigan area, click here for an IDX Home Search

 

If you are looking to Sell a Home Birmingham Michigan, click here for an outline of our Marketing Strategy

Birmingham Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

Memorial Day Parade in Downtown Royal Oak Michigan

 

I grew up in the small town of Otsego in Western Michigan and the Memorial Day parade was a big event.  Family and friends congregated at my parents for a 2-block walk with lawn chairs to reserve our corner where we knew many people including those in the parade itself.  Growing up, I was in the parade a few times myself.  Over the years I have often returned to find my mom and dad hosting a post parade gathering with a pot of coffee and rolls from the local bakery.  

 

While parades and memories are fun, Memorial Day is really about remembering and honoring our veterans both current and past.  It is a day to reflect on our freedom and our country—a day to appreciate the sacrifice that so many families have endured to protect the American people and democracy.  The Memorial Day Parade in downtown Royal Oak Michigan did just that and rekindled my memories of what a local hometown event provides.  

 

Royal Oak Memorial Day Parade from Cathy Tishhouse on Vimeo.

 

 

Beginning at Third Street toward a Remembrance Ceremony at Oakshire Cemetery, I arrived just in time to enjoy the Celtic Pipes and Drum Band as the parade progressed down Main Street.  From little children waving them to over 50 people carrying a large one, flags were the main decoration for the parade while spectators clapped as the men in uniform and the military vehicles went by.  

 

The final nostalgia (for me) was near the end when children (and adults) decorated their bikes and wagons with balloons, streamers and whirly gigs to participate in the parade.  And I can’t forget to mention the Wahoo Vintage Baseball club of Royal Oak who marched in the parade and handed out candy.  In our Otsego parade, everyone in the parade threw candy—from the men in the fire trucks to the groups of people, I always enjoyed watching my nieces and nephews scramble for candy.  After all, we love our candy – and a good parade.  Well done Royal Oak!

 

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

Royal Oak Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.


 

 

Art in Shain Park - Downtown Birmingham Michigan

 

The Birmingham Bloomfield Art Center held their annual fine art festival in Shain Park over Mother’s Day.  Called “Art Birmingham”, the juried art event featured about 180 artists from all over the U.S. in a variety of media. There were two great local events that weekend so after touring Royal Oak in Bloom, I drove the short distance to downtown Birmingham Michigan to capture the art and music of another great community in Oakland County Michigan.

 

Annual "Art Birmingham" in Shain Park from Cathy Tishhouse on Vimeo.

 

Attracting approximately 80,000 visitors over the weekend, Art Birmingham offered more than just art for purchase.  Musical entertainment this year included Parisian chanteuse Michelet Innocent. I spent a fair amount of my time listening to him—very beautiful as you saw in the video.  The cabaret vocalist sings in many languages - French, English, Spanish, Italian, Creole - and styles that range from easy listening to old-time favorites.  Another highlight to my visit to Art Birmingham was listening to a young person playing solo on a park bench near Shain Park as I was leaving.  It was more than just listening to him playing music that captivated me but admiring his ability & courage to be out there creating life.

Over all It was a great day in the local communities of Birmingham and Royal Oak in the Metro Detroit area of Oakland County Michigan.

If you are looking to Purchase a Home in the Birmingham Michigan area, click here for an IDX Home Search 

If you are looking to Sell a Home in the Birmingham Michigan area, click here for an outline of our Marketing Strategy

Birmingham Michigan Realtor selling Oakland County Real Estate  TishHouse sells Houses - selling Real Estate in 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 on Twitter.