Rochester Hills Michigan Market Analysis & Statistics Homes Sold February 2011
February 2011 median sale prices increased 20% from January 2011 & # of homes sold increased 16% from January 2011. Bank owned homes median price decreased 35% in February 2011 from January 2011. Private owned homes median price increased 27% in February 2011 from January 2011 & # homes increased 24% in February 2011. February 2011 median sale price increased 06% from February 2010. Year ending February 2011 median sale price compared to year ending February 1010 increased 09%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds February 2011
| 343 listings: | 49 Sold listings: | ||
| Average List Price | $259,283 | Average Sold Price | $195,777 |
| Median List Price | $217,500 | Median Sold Price | $191,000 |
| Highest List Price | $2,250,000 | Highest Sold Price | $465,000 |
| Lowest List Price | $19,500 | Lowest Sold Price | $19,250 |
| Avg. DOM | 199 | Avg. DOM | 132 |
| Private Owned | 289 listings | Private Owned | 34 Sold |
| Median List Price | $239,900 | Median Sold Price | $236,750 |
| Bank Owned | 54 listings | Bank Owned | 15 Sold |
| Median List Price | $119,400 | Median Sold Price | $ 75,175 |
Active & Solds January 2011
| 321 listings: | 41 Sold listings: | ||
| Median List Price | $199,900 | Median Sold Price | $152,000 |
| Private Owned | 262 listings | Private Owned | 26 Sold |
| Median List Price | $227,000 | Median Sold Price | $174,000 |
| Bank Owned | 59 listings | Bank Owned | 15 Sold |
| Median List Price | $116,900 | Median Sold Price | $116,500 |
Active & Solds February 2010
| 342 listings: | 49 Sold listings: | ||
| Median List Price | $210,950 | Median Sold Price | $180,000 |
March 1, 2009 – February 28, 2010
| 1049 listings: | 756 Sold listings: | ||
| Median List Price | $199,000 | Median Sold Price | $183,000 |
March 1, 2010 – February 28, 2011
| 1148 listings: | 855 Sold listings: | ||
| Median List Price | $209,900 | Median Sold Price | $200,000 |
Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in February 2011 with January 2011 & February 2010; year ending February 2010 with yr ending February 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $10,000.
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