Birmingham Michigan and Metro Detroit Real Estate

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Birmingham Michigan: Homes Sold January 1, 2009 – December 31, 2009

 

Birmingham Michigan:  Homes Sold January 1, 2009 – December 31, 2009

These statistics compare month-to-month median price of homes sold from January 1, 2009 to December 31, 2009 in Birmingham Michigan. The statistics also compare each month to the previous month in the same year and the same month in 2008.  The year ending figures on the third line compare median price of homes sold year ending January 2009 compared to year ending January 2008 and similarly each month thereafter.  The market has been fluctuating considerably from month to month.  For the last 3 months of 2009, we see a trend upward where home values are increasing from the previous months in 2008 and a declining negative value in the same months.  This indicates that prices may be starting to stabilize.  Year ending December 2009 was up 7% compared to the negative 21% the market was down yr. ending 2008  - even though it is still a negative value.

 

 

Jan.

Feb

Mar

Apr

May

June

July

Aug

Sept

Oct

Nov

Dec

Compared to previous month

-19

+38

-04

-07

-01

+18

-02

+16

-23

+05

-07

00

Compared to same month 08

-24

-10

-21

-11

-31

-29

-02

-12

-01

+16

+15

+11

Year Ending same month

-21

-17

-16

-17

-22

-23

-19

-20

-21

-19

-16

-13

 

Median price Yr Ending Dec. 05

$397,750

Median price Yr Ending Dec. 06

$413,500          +04%   Compared to 2005

Median price Yr Ending Dec. 07

$392,000          -05%    Compared to 2006

Median price Yr Ending Dec. 08

$308,460          -21%     Compared to 2007

Median price Yr Ending Dec. 09

$267,100          -13%     Compared to 2008

     Overall  - Median Price of Homes

Sold In Birmingham over the past 5 years has declined 33%

 

To see a breakdown of individual statistics including median prices for bank owned vs. private owned, click here.

 

To search for homes in Birmingham and nearby cities, click here.

 

Birmingham 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 on Twitter..

 

4 commentsCathy Tishhouse Royal Oak Real Estate • February 22 2010 06:20PM

Birmingham Michigan Statistics and Market Analysis Homes Sold January 2010

 

Birmingham MI Statistics and Market Analysis Homes Sold January 2010

January 2010 median sale prices increased 18% from December 09 & a 44% decrease # of homes sold. Private owned homes median price increased 20% in Jan. 2010 from Dec. 09.  Bank owned homes median price increased 59% in January ‘10 from December 09. 

January 2010 median sale price increased 41% from January 09.

Yr ending Jan. 2010 median sale price compared to yr ending Jan. 2009 decreased 11%

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

Active & Solds January 2010

277 listings:

 

19 Sold listings:

 

Median List Price 

$419,000

Median Sold Price 

$320,000

Avg. DOM

202

Avg. DOM

102

Private Owned

259 listings

Private Owned

11 Sold 

Median List Price 

$460,000

Median Sold Price 

$420,000

Bank Owned

18 listings

Bank Owned

8 Sold 

Median List Price 

$266,400

Median Sold Price 

$279,950

Active & Solds December 2009

300 listings:

 

34  Sold listings:

 

Median List Price 

$400,000

Median Sold Price 

$263,550

Private Owned

283 listings

Private Owned

27 Sold 

Median List Price 

$435,000

Median Sold Price 

$335,000

Bank Owned

17 listings

Bank Owned

7 Sold 

Median List Price 

$139,900

Median Sold Price 

$115,000

Active & Solds January 2009

268 listings:

 

10 Sold listings:

Median List Price 

$418,950

Median Sold Price 

$188,800

February 1, 2009 – January 31, 2010

622 listings:

 

364 Sold listings:

Median List Price 

$349,000

Median Sold Price 

$273,750

February 1, 2008– January 31, 2009

500 listings:

 

242 Sold listings:

Median List Price 

$367,450

Median Sold Price 

$309,230

Birmingham Market Analysis compares only median sold price of residential homes sold in January 2010 with December 2009 & January 09; year ending January 09 with yr ending January 2010.  It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham December 2009

Market Analysis for Birmingham November 2009

Market Analysis for Birmingham October 2009

Market Analysis for Birmingham September 2009

Market Analysis for Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

Market Analysis for Birmingham April 2009

Market Analysis for Birmingham March 2009

Market Analysis for Birmingham February 2009

Birmingham Michigan January 2009 Market Analysis

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

 

2 commentsCathy Tishhouse Royal Oak Real Estate • February 05 2010 04:58PM

Market Analysis & Statistics for Homes Sold in Birmingham Michigan December 2009

Market Analysis & Statistics For Birmingham MI December 2009

December 09 median sale prices remained relatively the same from November 09 & a 13% decrease # of homes sold. Private owned homes median price increased 10% in Dec. 09 from Nov. 09.  Bank owned homes median price decreased 10% in Dec. 09 from November 09. 

December 09 median sale price increased 11% from December 08.

Yr ending Dec. 2009 median sale price compared to yr ending Dec. 08 decreased 14%

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

Active & Solds December 2009

300 listings:

 

34 Sold listings:

 

Median List Price 

$400,000

Median Sold Price 

$263,550

Avg. DOM

201

Avg. DOM

123

Private Owned

283 listings

Private Owned

27 Sold 

Median List Price 

$435,000

Median Sold Price 

$335,000

Bank Owned

17 listings

Bank Owned

7 Sold 

Median List Price 

$139,900

Median Sold Price 

$115,000

Active & Solds November 2009

333 listings:

 

39 Sold listings:

 

Median List Price 

$390,000

Median Sold Price 

$265,000

Private Owned

304 listings

Private Owned

26 Sold 

Median List Price 

$422,500

Median Sold Price 

$302,500

Bank Owned

29 listings

Bank Owned

13 Sold 

Median List Price 

$257,900

Median Sold Price 

$127,500

Active & Solds December 2008

284 listings:

 

18 Sold listings:

Median List Price 

$399,950

Median Sold Price 

$234,500

January 1, 2009 – December 31, 2009

617 listings:

 

351 Sold listings:

Median List Price 

$349,000

Median Sold Price 

$265,000

January 1, 2008– December 31, 2008

513 listings:

 

247 Sold listings:

Median List Price 

$369,900

Median Sold Price 

$308,460

Birmingham Market Analysis compares only median sold price of residential homes sold in December 2009 with November 2009 & December 08; year ending December 08 with yr ending December 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham November 2009

Market Analysis for Birmingham October 2009

Market Analysis for Birmingham September 2009

Market Analysis for Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

Market Analysis for Birmingham April 2009

Market Analysis for Birmingham March 2009

Market Analysis for Birmingham February 2009

Birmingham Michigan January 2009 Market Analysis

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

0 commentsCathy Tishhouse Royal Oak Real Estate • January 08 2010 12:45PM

Birmingham Michigan Market Analysis Homes Sold November 2009

 

Market Analysis For Birmingham MI November 2009

November 09 median sale prices decreased 7% from October 09 & a 28% increase # of homes sold. Private owned homes median price increased 2% in Nov. 09 from Oct. 09.  Bank owned homes median price increased 12% in Nov. 09 from October 09. 

November 09 median sale price increased 15% from November 08.

Yr ending Nov. 2009 median sale price compared to yr ending Nov. 08 decreased 16%

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

Active & Solds November 2009

333 listings:

 

39 Sold listings:

 

Median List Price 

$390,000

Median Sold Price 

$265,000

Avg. DOM

193

Avg. DOM

141

Private Owned

304 listings

Private Owned

26 Sold 

Median List Price 

$422,500

Median Sold Price 

$302,500

Bank Owned

29 listings

Bank Owned

13 Sold 

Median List Price 

$257,900

Median Sold Price 

$127,500

Active & Solds October 2009

340 listings:

 

28 Sold listings:

 

Median List Price 

$419,500

Median Sold Price 

$284,000

Private Owned

319 listings

Private Owned

24 Sold 

Median List Price 

$450,000

Median Sold Price 

$295,000

Bank Owned

21 listings

Bank Owned

4 Sold 

Median List Price 

$279,900

Median Sold Price 

$112,750

Active & Solds November 2008

315 listings:

 

21 Sold listings:

Median List Price 

$399,000

Median Sold Price 

$224,000

December 1, 2008 – November 30, 2009

628 listings:

 

334 Sold listings:

Median List Price 

$349,000

Median Sold Price 

$263,750

December 1, 2007– November 30, 2008

537 listings:

 

243 Sold listings:

Median List Price 

$367,000

Median Sold Price 

$315,000

Birmingham Market Analysis compares only median sold price of residential homes sold in November 09 with October 09 & November 08; year ending November 08 with yr ending November 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham October 2009

Market Analysis for Birmingham September 2009

Market Analysis for Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

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 July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

 

0 commentsCathy Tishhouse Royal Oak Real Estate • December 18 2009 01:12PM

Birmingham Michigan Market Analysis Homes Sold October 2009

Market Analysis For Birmingham MI October 2009

October 09 median sale prices increased 5% from September 09 & a 26% decrease # of homes sold. Private owned homes median price decreased 10% in Oct. 09 from Sept. 09.  Bank owned homes median price decreased 21% in Oct. 09 from September 09. 

October 09 median sale price increased 16% from October 08.

Yr ending Oct. 2009 median sale price compared to yr ending Oct. 08 decreased 19%

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

Active & Solds October 2009

340 listings:

 

28 Sold listings:

 

Median List Price 

$419,500

Median Sold Price 

$284,000

Avg. DOM

195

Avg. DOM

149

Private Owned

319 listings

Private Owned

24 Sold 

Median List Price 

$450,000

Median Sold Price 

$295,000

Bank Owned

21 listings

Bank Owned

4 Sold 

Median List Price 

$279,900

Median Sold Price 

$112,750

Active & Solds September 2009

384 listings:

 

38 Sold listings:

 

Median List Price 

$399,900

Median Sold Price 

$268,762

Private Owned

358 listings

Private Owned

27 Sold 

Median List Price 

$439,450

Median Sold Price 

$326,250

Bank Owned

26 listings

Bank Owned

11 Sold 

Median List Price 

$159,900

Median Sold Price 

$142,900

Active & Solds October 2008

333 listings:

 

21 Sold listings:

Median List Price 

$444,900

Median Sold Price 

$238,500

November 1, 2008 – October 31, 2009

627 listings:

 

315 Sold listings:

Median List Price 

$350,000

Median Sold Price 

$260,000

November 1, 2007– October 31, 2008

556 listings:

 

244 Sold listings:

Median List Price 

$389,950

Median Sold Price 

$320,000

Birmingham Market Analysis compares only median sold price of residential homes sold in October 09 with September 09 & October 08; year ending October 08 with yr ending October 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham September 2009

Market Analysis for Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

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 July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

1 commentCathy Tishhouse Royal Oak Real Estate • November 13 2009 07:48PM

Birmingham Michigan Market Analysis Homes Sold September 2009

Birmingham Michigan Market Analysis For  September 2009

September 09 median sale prices decreased 23% from August 09 & a 29% increase # of homes sold. Private owned homes median price decreased 26% in Sept 09 from August 09.  Bank owned homes median price stayed the same in Sept. 09 from August 09. 

September 09 median sale price decreased less than 1% from September 08.

Yr ending Sept. 2009 median sale price compared to yr ending Sept. 08 decreased 21%

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

Active & Solds September 2009

384 listings:

 

38 Sold listings:

 

Median List Price 

$399,900

Median Sold Price 

$268,762

Avg. DOM

185

Avg. DOM

89

Private Owned

358 listings

Private Owned

27 Sold 

Median List Price 

$439,450

Median Sold Price 

$326,250

Bank Owned

26 listings

Bank Owned

11 Sold 

Median List Price 

$159,900

Median Sold Price 

$142,900

Active & Solds August 2009

370 listings:

 

27 Sold listings:

 

Median List Price 

$419,950

Median Sold Price 

$350,000

Private Owned

350 listings

Private Owned

22 Sold 

Median List Price 

$445,000

Median Sold Price 

$441,750

Bank Owned

20 listings

Bank Owned

5 Sold 

Median List Price 

$154,950

Median Sold Price 

$142,000

Active & Solds September 2008

361 listings:

 

15 Sold listings:

Median List Price 

$424,900

Median Sold Price 

$270,000

October 1, 2008 – September 30, 2009

653 listings:

 

307 Sold listings:

Median List Price 

$359,000

Median Sold Price 

$254,000

October 1, 2007– September 30, 2008

584 listings:

 

238 Sold listings:

Median List Price 

$386,438

Median Sold Price 

$320,000

Birmingham Market Analysis compares only median sold price of residential homes sold in September 09 with August 09 & September 08; year ending September 08 with year ending September 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

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 July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

0 commentsCathy Tishhouse Royal Oak Real Estate • October 10 2009 07:02PM

Birmingham Michigan Market Analysis Homes Sold August 2009

Market Analysis For Birmingham MI August 2009

August 09 median sale prices increased 16% from July 09 & a 16% decrease # of homes sold. Private owned homes median price increased 16% in August 09 from July 09.  Bank owned homes median price decreased 43% in August 09 from July 09. 

August 09 median sale price decreased 12% from August 08.

Yr ending August 2009 median sale price compared to yr ending Aug 08 decreased 20%

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

Active & Solds August 2009

370 listings:

 

27 Sold listings:

 

Median List Price 

$419,950

Median Sold Price 

$350,000

Avg. DOM

202

Avg. DOM

110

Private Owned

350 listings

Private Owned

22 Sold 

Median List Price 

$445,000

Median Sold Price 

$441,750

Bank Owned

20 listings

Bank Owned

5 Sold 

Median List Price 

$154,950

Median Sold Price 

$142,000

Active & Solds July 2009

400 listings:

 

32 Sold listings:

 

Median List Price 

$442,450

Median Sold Price 

$295,000

Private Owned

371 listings

Private Owned

20 Sold 

Median List Price 

$455,000

Median Sold Price 

$370,000

Bank Owned

29 listings

Bank Owned

12 Sold 

Median List Price 

$153,450

Median Sold Price 

$250,000

Active & Solds August 2008

368 listings:

 

25 Sold listings:

Median List Price 

$422,450

Median Sold Price 

$400,000

September 1, 2008 – August 31, 2009

627 listings:

 

284 Sold listings:

Median List Price 

$350,000

Median Sold Price 

$257,500

September 1, 2007– August 31, 2008

579 listings:

 

236 Sold listings:

Median List Price 

$389,000

Median Sold Price 

$322,250

Compares only median sold price of residential homes sold in August 09 with July 09 & August 08; year ending August 08 with yr ending August 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

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 July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

0 commentsCathy Tishhouse Royal Oak Real Estate • September 23 2009 01:56PM

Birmingham Michigan Market Analysis Homes Sold July 2009

Birmingham Michigan Market Analysis Homes Sold July 2009

July 09 median sale prices decreased 2% from June 09 & a 13.5% decrease # of homes sold. Private owned homes median price decreased 2% in July 09 from June 09.  Bank owned homes median price increased 23% in July 09 from June 09. 

July 09 median sale price decreased 2% from July 08.

Year ending July 2009 median sale price compared to yr ending July 08 decreased 19%

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

Active & Solds July 2009

400 listings:

 

32 Sold listings:

 

Median List Price 

$442,450

Median Sold Price 

$295,000

Avg. DOM

186

Avg. DOM

110

Private Owned

371 listings

Private Owned

20 Sold 

Median List Price 

$455,000

Median Sold Price 

$370,000

Bank Owned

29 listings

Bank Owned

12 Sold 

Median List Price 

$153,450

Median Sold Price 

$250,000

Active & Solds June 2009

407 listings:

 

37 Sold listings:

 

Median List Price 

$400,000

Median Sold Price 

$300,000

Private Owned

381 listings

Private Owned

25 Sold 

Median List Price 

$444,900

Median Sold Price 

$378,990

Bank Owned

26 listings

Bank Owned

12 Sold 

Median List Price 

$167,450

Median Sold Price 

$192,450

Active & Solds July 2008

394 listings:

 

26 Sold listings:

Median List Price 

$432,400

Median Sold Price 

$302,500

August 1, 2008 – July 31, 2009

650 listings:

 

282 Sold listings:

Median List Price 

$374,450

Median Sold Price 

$263,750

August 1, 2007– July 31, 2008

602 listings:

 

234 Sold listings:

Median List Price 

$399,000

Median Sold Price 

$326,500

Compares only median sold price of residential homes sold in July 09 with June 09 & July 08; year ending July 08 with yr ending July 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham June 2009

Market Analysis for Birmingham May 2009

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 July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

2 commentsCathy Tishhouse Royal Oak Real Estate • August 16 2009 01:08PM

Market Analysis For Homes Sold in Birmingham Michigan June 2009

 

Market Analysis For Homes Sold in Birmingham Michigan June 2009

Good News for Birmingham Michigan Month of June 09 - Values Increase

June 09 median sale prices increased 18% from May 09 & a 35% increase # of homes sold. Private owned homes median price increased 27% in June 09 from May 09.  Bank owned homes median price increased 10% in June 09 from May 09. 

June 09 median sale price decreased 29% from June 08:  Up slightly from a 31% decrease in May 09 compared to May 08

Second Quarter 09 decreased 26% from second quarter 2008:  Larger decrease compared to 1st Quarter 2009 which was down 12% from 1st Quarter 2008

Year ending June 2008 median sale price compared to yr ending June 09 decreased 23%; 1% increase from year ending May 09 compared to yr. ending May 08

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

Active & Solds June 2009

407 listings:

 

37 Sold listings:

 

Median List Price 

$400,000

Median Sold Price 

$300,000

Avg. DOM

202

Avg. DOM

167

Private Owned

381 listings

Private Owned

25 Sold 

Median List Price 

$444,900

Median Sold Price 

$378,990

Bank Owned

26 listings

Bank Owned

12 Sold 

Median List Price 

$167,450

Median Sold Price 

$192,450

Active & Solds May 2009

394 listings:

 

24 Sold listings:

 

Median List Price 

$400,000

Median Sold Price 

$245,325

Private Owned

370 listings

Private Owned

14 Sold 

Median List Price 

$444,950

Median Sold Price 

$275,250

Bank Owned

24 listings

Bank Owned

10 Sold 

Median List Price 

$164,950

Median Sold Price 

$173,500

Active & Solds June 2008

393 listings:

 

23 Sold listings:

Median List Price 

$429,900

Median Sold Price 

$423,000

Second Quarter:  April 1 – June 30, 2009

462 listings:

 

92 Sold listings:

Median List Price 

$398,000

Median Sold Price 

$257,500

Second Quarter:  April 1 – June 30, 2008

437 listings:

 

67 Sold listings:

Median List Price 

$400,000

Median Sold Price 

$350,000

July 1, 2008 – June 30, 2009

645 listings:

 

275 Sold listings:

Median List Price 

$369,000

Median Sold Price 

$262,500

July 1, 2007– June 30, 2008

599 listings:

 

299 Sold listings:

Median List Price 

$399,000

Median Sold Price 

$340,000

Compares only median sold price of residential homes sold in June 09 with May 09 & June 08; year ending June 08 with yr ending June 09 & second quarter ending June 09 compared to 2nd quarter June 08 . It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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 Birmingham May 2009

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 May 2009

Oakland County Market Analysis for April 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.

 

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

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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.