Market Analysis For Homes Sold in Birmingham Michigan June 2009
Good News for Birmingham Michigan Month of June 09 - Values Increase
|
June 09 median sale prices increased 18% from May 09 & a 35% increase # of homes sold. Private owned homes median price increased 27% in June 09 from May 09. Bank owned homes median price increased 10% in June 09 from May 09. |
|
June 09 median sale price decreased 29% from June 08: Up slightly from a 31% decrease in May 09 compared to May 08 |
|
Second Quarter 09 decreased 26% from second quarter 2008: Larger decrease compared to 1st Quarter 2009 which was down 12% from 1st Quarter 2008 |
|
Year ending June 2008 median sale price compared to yr ending June 09 decreased 23%; 1% increase from year ending May 09 compared to yr. ending May 08 |
|
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds June 2009
|
407 listings: |
|
37 Sold listings: |
|
|
Median List Price |
$400,000 |
Median Sold Price |
$300,000 |
|
Avg. DOM |
202 |
Avg. DOM |
167 |
|
Private Owned |
381 listings |
Private Owned |
25 Sold |
|
Median List Price |
$444,900 |
Median Sold Price |
$378,990 |
|
Bank Owned |
26 listings |
Bank Owned |
12 Sold |
|
Median List Price |
$167,450 |
Median Sold Price |
$192,450 |
Active & Solds May 2009
|
394 listings: |
|
24 Sold listings: |
|
|
Median List Price |
$400,000 |
Median Sold Price |
$245,325 |
|
Private Owned |
370 listings |
Private Owned |
14 Sold |
|
Median List Price |
$444,950 |
Median Sold Price |
$275,250 |
|
Bank Owned |
24 listings |
Bank Owned |
10 Sold |
|
Median List Price |
$164,950 |
Median Sold Price |
$173,500 |
Active & Solds June 2008
|
393 listings: |
|
23 Sold listings: |
|
|
Median List Price |
$429,900 |
Median Sold Price |
$423,000 |
Second Quarter: April 1 – June 30, 2009
|
462 listings: |
|
92 Sold listings: |
|
|
Median List Price |
$398,000 |
Median Sold Price |
$257,500 |
Second Quarter: April 1 – June 30, 2008
|
437 listings: |
|
67 Sold listings: |
|
|
Median List Price |
$400,000 |
Median Sold Price |
$350,000 |
July 1, 2008 – June 30, 2009
|
645 listings: |
|
275 Sold listings: |
|
|
Median List Price |
$369,000 |
Median Sold Price |
$262,500 |
July 1, 2007– June 30, 2008
|
599 listings: |
|
299 Sold listings: |
|
|
Median List Price |
$399,000 |
Median Sold Price |
$340,000 |
Compares only median sold price of residential homes sold in June 09 with May 09 & June 08; year ending June 08 with yr ending June 09 & second quarter ending June 09 compared to 2nd quarter June 08 . It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
If you are looking to Purchase a Home, click here for an IDX Home Search
If you are looking to Sell a Home, click here for an outline of our Marketing Strategy
Market Analysis for Birmingham May 2009
Market Analysis for Birmingham April 2009
Market Analysis for Birmingham March 2009
Market Analysis for Birmingham February 2009
Birmingham Michigan January 2009 Market Analysis
Oakland County Market Analysis for May 2009
Oakland County Market Analysis for April 2009
Birmingham 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.
