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Berkley Michigan Market Analysis Homes Sold June 2009

 

The following is a monthly market analysis for Berkley 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.  Berkley Market Analysis of Homes Sold also compares year ending May 2008 to May 2009.  To exclude leases in data, minimum sale price used was $5,000.

Market Analysis for Homes Sold in Berkley MI June 2009

June 09 median sale prices increased 29% from May 09 & # of homes sold increased 32%. Private owned median prices remained relatively the same in June 09 from May 09 & # of homes sold increased 50% Bank owned homes median price decreased 13% in June 09 from May 09. 

June 09 median sale price decreased 19% from June 08 & 39% decrease in # homes sold.  

Year ending June 2009 median sale price compared to yr ending June 08 decreased 16%;

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

Active & Sold June 2009

195 listings:

 

19 Sold listings:

 

Median List Price 

$129,900

Median Sold Price 

$110.000

Avg. Days On Market

149

Avg. Days On Market

121

Private Owned

171 listings

Private Owned

14 Sold 

Median List Price 

$134,900

Median Sold Price 

$119,250 

Bank Owned

24 listings

Bank Owned

5 Sold 

Median List Price 

$74,950

Median Sold Price 

$48,500

Active & Sold May 2009

187  listings:

 

13 Sold listings:

 

Median List Price 

$129,900

Median Sold Price 

$78,000

Private Owned

162 listings

Private Owned

7 Sold 

Median List Price 

$134,950

Median Sold Price 

$119,200

Bank Owned

25 listings

Bank Owned

6 Sold 

Median List Price 

$134,950

Median Sold Price 

$55,562

Active & Sold June 2008

207  listings:

 

31 Sold listings:

Median List Price 

$129,900

Median Sold Price 

$135,200

July 1, 2007 – June 30, 2008

398 listings:

 

222 Sold listings:

Median List Price 

$139.900

Median Sold Price 

$144,415

July 1, 2008 – June 30, 2009

410 listings:

 

234 Sold listings:

Median List Price 

$129,900

Median Sold Price 

$120,875

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Market Analysis for Berkley May 2009

Market Analysis for Berkley April 2009

Market Analysis for Berkley March 2009

Market Analysis for Berkley February 2009

Market Analysis for Oakland County May 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.

 

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