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Royal Oak Monthly market analysis June 2009. It compares only residential homes sold in June 2009 with May 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 latter part 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 $5,000. |
June Market Analysis for Royal Oak
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June 09 median sale prices increased 1% from May 09 & # of homes sold increased 25%. Private owned median price increased 6% in June 09 from May 09. Bank owned homes median price decreased 13% in June 09 from May 09. |
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June 09 median sale price decreased 22% from June 08 & # homes increased 10% |
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Second Quarter ending June 09 median sale price decreased 29% from second Quarter June 08. Homes sold increased 2% in Second Quarter June 09 |
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Year ending June 2009 median sale price compared to yr ending June 08 decreased 23%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold June 2009
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588 listings: |
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84 Sold listings: |
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Median List Price |
$149,949 |
Median Sold Price |
$121,750 |
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Avg. Days On Market |
150 |
Avg. Days On Market |
102 |
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Private Owned |
532 listings |
Private Owned |
62 Sold |
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Median List Price |
$155,000 |
Median Sold Price |
$140,000 |
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Bank Owned |
56 listings |
Bank Owned |
22 Sold |
|
Median List Price |
$68,900 |
Median Sold Price |
$62,250 |
Active & Sold May 2009
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584 listings: |
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63 Sold listings: |
|
|
Median List Price |
$149,900 |
Median Sold Price |
$120,000 |
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Private Owned |
536 listings |
Private Owned |
48 Sold |
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Median List Price |
$154,450 |
Median Sold Price |
$132,000 |
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Bank Owned |
48 listings |
Bank Owned |
15 Sold |
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Median List Price |
$76,862 |
Median Sold Price |
$72,000 |
Active & Sold June 2008
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580 listings: |
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76 Sold listings: |
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Median List Price |
$154,950 |
Median Sold Price |
$156,250 |
Second Quarter: April 1 – June 30, 2009
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709 listings: |
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205 Sold listings: |
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Median List Price |
$144,900 |
Median Sold Price |
$110,000 |
Second Quarter: April 1 – June 30, 2008
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704 listings: |
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200 Sold listings: |
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Median List Price |
$157,400 |
Median Sold Price |
$155,000 |
July 1, 2007 – June 31, 2008
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1170 listings: |
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666 Sold listings: |
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Median List Price |
$162,250 |
Median Sold Price |
$162,000 |
July 1, 2008 – June 31, 2009
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1176 listings: |
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672 Sold listings: |
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Median List Price |
$139,900 |
Median Sold Price |
$125,225 |
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Market Analysis for Royal Oak May 2009
Market Analysis for Royal Oak April 2009
Market Analysis for Royal Oak March 2009
Market Analysis for Royal Oak February 2009
Oakland County Market Analysis for May 2009
Oakland County Market Analysis for April 2009
Oakland County Market Analysis for March 2009
Royal Oak 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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