Ferndale Michigan Monthly Market Analysis Homes Sold June 2009
|
June 09 median sale prices increased 18% from May 09 & same # of homes sold. Private owned median price increased 28% June 09 from May 09 &. Bank owned homes median price increased 17% in June 09 from May 09. |
|
June 09 median sale price decreased 24% from June 08 |
|
Second Quarter 09 median sale price decreased 39% from Second Quarter 2008 |
|
Yr ending June 09 median sale price compared to yr ending June 08 decreased 57%; |
|
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold June 2009
|
294 listings: |
|
43 Sold listings: |
|
|
Median List Price |
$89,900 |
Median Sold Price |
$44,000 |
|
Avg. Days On Market |
151 |
Avg. Days On Market |
96 |
|
Private Owned |
241 listings |
Private Owned |
21 Sold |
|
Median List Price |
$102,000 |
Median Sold Price |
$97,000 |
|
Bank Owned |
53 listings |
Bank Owned |
22 Sold |
|
Median List Price |
$34,900 |
Median Sold Price |
$24,500 |
Active & Sold May 2009
|
294 listings: |
|
43 Sold listings: |
|
|
Median List Price |
$85,000 |
Median Sold Price |
$36,000 |
|
Private Owned |
239 listings |
Private Owned |
19 Sold |
|
Median List Price |
$100,000 |
Median Sold Price |
$69,900 |
|
Bank Owned |
55 listings |
Bank Owned |
24 Sold |
|
Median List Price |
$29,900 |
Median Sold Price |
$20,350 |
Active & Sold June 2008
|
281 listings: |
|
30 Sold listings: |
|
|
Median List Price |
$89,900 |
Median Sold Price |
$57,825 |
Second Quarter ending June 30, 2009
|
373 listings: |
|
122 Sold listings: |
|
|
Median List Price |
$75,000 |
Median Sold Price |
$38,000 |
Second Quarter ending June 30, 2008
|
346 listings: |
|
95 Sold listings: |
|
|
Median List Price |
$89,900 |
Median Sold Price |
$62,500 |
July 1, 2007 – June 30, 2008
|
593 listings: |
|
303 Sold listings: |
|
|
Median List Price |
$99,500 |
Median Sold Price |
$103,000 |
July 1, 2008 – June 30, 2009
|
691 listings: |
|
440 Sold listings: |
|
|
Median List Price |
$67,500 |
Median Sold Price |
$44,000 |
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 $5,000.
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 Ferndale March 2009
Market Analysis for Ferndale February 2009
Oakland County Market Analysis for June 2009
Oakland County Market Analysis for May 2009
Oakland County Market Analysis for April 2009
Oakland County Market Analysis for March 2009
Ferndale 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 nice work presenting the local Real Estate stats for Ferndale Michigan!
Cathy, do you have time to meet in the next 2 weeks?