The following is a monthly market analysis for Rochester & Rochester Hills Michigan. It compares only residential homes sold in April 2009 with March 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.
Market Analysis for Rochester & Rochester Hills April 2009
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April 09 median sale prices increased 2% from March 09 & a 1% increase # of homes sold. Bank owned homes median price decreased 17% in April 09 from March 09 # of bank owned homes increased 22% in April 09 from March 09 |
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Private owned homes median price increased 17.5% in April 09 from March. 09 & # sold was about the same |
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April 09 median sale price decreased 10% from April 08 & same # homes sold. |
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Year ending April 2009 median sale price compared to yr ending April 08 decreased 15%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds April 2009
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643 listings: |
|
44 Sold listings: |
|
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Average List Price |
$ 304,038 |
Average Sold Price |
$214,474 |
|
Median List Price |
$ 239,838 |
Median Sold Price |
$198,250 |
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Highest List Price |
$2,499,000 |
Highest Sold Price |
$800,000 |
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Lowest List Price |
$25,000 |
Lowest Sold Price |
$28,000 |
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Avg. DOM |
226 |
Avg. DOM |
139 |
|
Private Owned |
574 listings |
Private Owned |
22 Sold |
|
Median List Price |
$249,900 |
Median Sold Price |
$253,500 |
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Bank Owned |
69 listings |
Bank Owned |
22 Sold |
|
Median List Price |
$129,000 |
Median Sold Price |
$127,950 |
Active & Solds March 2009
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670 listings: |
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40 Sold listings: |
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|
Median List Price |
$243,575 |
Median Sold Price |
$194,500 |
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Private Owned |
594 listings |
Private Owned |
23 Sold |
|
Median List Price |
$250,500 |
Median Sold Price |
$209,000 |
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Bank Owned |
76 listings |
Bank Owned |
17 Sold |
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Median List Price |
$127,400 |
Median Sold Price |
$155,000 |
Active & Solds April 2008
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643 listings: |
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44 Sold listings: |
|
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Median List Price |
$239,900 |
Median Sold Price |
$220,000 |
May 1, 2007 – April 30, 2008
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1235 listings: |
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636 Sold listings: |
|
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Median List Price |
$250,000 |
Median Sold Price |
$254,450 |
May 1, 2008 – April 30, 2009
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1215 listings: |
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616 Sold listings: |
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Median List Price |
$236,500 |
Median Sold Price |
$217,500 |
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Rochester Hills Market Analysis March 2009
Rochester Hills Market Analysis February 2009
Rochester Hills Market Analysis for January 2009
Oakland County Market Analysis for March 2009
Oakland County Market Analysis for February 2009
Rochester Hills Realtor selling Real Estate in Southeastern Michigan. TishHouse sells Houses - selling Oakland County Real Estate 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.
