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
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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 |
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Private owned homes median price decreased 3% in May 09 from April 09 & # sold increased 35% in May 09 |
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May 09 median sale price decreased 13% from May 08 & # homes sold increased 18%. |
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Year ending May 2009 median sale price compared to yr ending May 08 decreased 14%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds May 2009
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644 listings: |
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56 Sold listings: |
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Median List Price |
$ 239,900 |
Median Sold Price |
$189,950 |
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Avg. DOM |
226 |
Avg. DOM |
139 |
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Private Owned |
578 listings |
Private Owned |
34 Sold |
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Median List Price |
$249,900 |
Median Sold Price |
$245,000 |
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Bank Owned |
66 listings |
Bank Owned |
22 Sold |
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Median List Price |
$125,950 |
Median Sold Price |
$113,450 |
Active & Solds April 2009
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643 listings: |
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44 Sold listings: |
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Median List Price |
$239,838 |
Median Sold Price |
$198,250 |
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Private Owned |
574 listings |
Private Owned |
22 Sold |
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Median List Price |
$249,900 |
Median Sold Price |
$253,500 |
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Bank Owned |
69 listings |
Bank Owned |
22 Sold |
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Median List Price |
$129,000 |
Median Sold Price |
$127,950 |
Active & Solds May 2008
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634 listings: |
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46 Sold listings: |
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Median List Price |
$239,900 |
Median Sold Price |
$218,500 |
June 1, 2007 – May 31, 2008
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1206 listings: |
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618 Sold listings: |
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Median List Price |
$249,900 |
Median Sold Price |
$250,000 |
June 1, 2008 – May 31, 2009
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1216 listings: |
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628 Sold listings: |
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Median List Price |
$234,950 |
Median Sold Price |
$215,000 |
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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.
