The following is a monthly market analysis for Berkley Michigan Real Estate. 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. Berkley Market Analysis of Homes Sold also compares year ending April 2008 to April. 2009. To exclude leases in data, minimum sale price used was $5,000.
Market Analysis for Homes Sold in Berkley MI April 2009
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April 09 median sale prices decreased 2% from March 09 & similar # of homes sold. Private owned median price increased 24% in April 09 from March 09 & # of homes sold increased 11% Bank owned homes median price decreased 22% in April 09 from Mar. 09. |
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April 09 median sale price decreased 27% from April 08 & 25% increase in # homes sold. |
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Year ending April 2009 median sale price compared to yr ending April 08 decreased 16%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold April 2009
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193 listings: |
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24 Sold listings: |
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Median List Price |
$134,900 |
Median Sold Price |
$107,500 |
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Avg. Days On Market |
123 |
Avg. Days On Market |
86 |
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Private Owned |
169 listings |
Private Owned |
16 Sold |
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Median List Price |
$138,000 |
Median Sold Price |
$155,170 |
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Bank Owned |
24 listings |
Bank Owned |
8 Sold |
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Median List Price |
$76,650 |
Median Sold Price |
$43,000 |
Active & Sold March 2009
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186 listings: |
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25 Sold listings: |
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Median List Price |
$129,900 |
Median Sold Price |
$110,000 |
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Private Owned |
161 listings |
Private Owned |
18 Sold |
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Median List Price |
$135,900 |
Median Sold Price |
$118,500 |
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Bank Owned |
26 listings |
Bank Owned |
7 Sold |
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Median List Price |
$79,900 |
Median Sold Price |
$55,000 |
Active & Sold April 2008
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187 listings: |
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18 Sold listings: |
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Median List Price |
$135,000 |
Median Sold Price |
$148,250 |
May 1, 2007 – April 30, 2008
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386 listings: |
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217 Sold listings: |
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Median List Price |
$145,000 |
Median Sold Price |
$150,000 |
May 1, 2008 – April 30, 2009
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425 listings: |
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256 Sold listings: |
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Median List Price |
$132,000 |
Median Sold Price |
$125,895 |
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Market Analysis for Berkley March 2009
Market Analysis for Berkley February 2009
Market Analysis for Oakland County April 2009
Oakland County Market Analysis for March 2009
Oakland County Market Analysis for February 2009
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.
Cathy, good stuff as always, but you might want to increase the font size as it's very difficult to read.