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Rochester & Rochester Hills Michigan Market Analysis Homes Sold July 2009

 

Rochester & Rochester Hills Michigan Market Analysis Homes Sold July 2009

July 09 median sale prices decreased 1% from June 09 & a 12% increase # of homes sold. Bank owned homes median price increased 13% in July 09 from June 09 

Private owned homes median price remained steady in July 09 from June 09 & # sold increased 18% in July 09

July 09 median sale price decreased 28% from July 08   

Yr ending July 09 median sale price compared to yr ending July 08 decreased 16%

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

Active & Solds July 2009

655 listings:

 

74 Sold listings:

 

Median List Price 

$234,900

Median Sold Price 

$177,500 

Avg. DOM

210

Avg. DOM

118

Private Owned

597 listings

Private Owned

50 Sold 

Median List Price 

$248,000

Median Sold Price 

$199,500

Bank Owned

58 listings

Bank Owned

24 Sold 

Median List Price 

$129,900

Median Sold Price 

$115,000

Active & Solds June 2009

657 listings:

 

65 Sold listings:

 

Median List Price 

$239,900

Median Sold Price 

$180,000

Private Owned

599 listings

Private Owned

41 Sold 

Median List Price 

$248,000

Median Sold Price 

$199,900

Bank Owned

58 listings

Bank Owned

24 Sold 

Median List Price 

$138,950

Median Sold Price 

$99,750

Active & Solds July 2008

656  listings:

 

75 Sold listings:

Median List Price 

$248,250

Median Sold Price 

$248,000

August 1, 2007 – July 31, 2008

1193 listings:

 

612 Sold listings:

Median List Price 

$249,900

Median Sold Price 

$238,750

August 1, 2008 – July 31, 2009

1211 listings:

 

630 Sold listings:

Median List Price 

$225,000

Median Sold Price 

$200,000

Rochester & Rochester Hills Market Analysis for Homes Sold July 2009 compares only median sold price of residential homes sold in July 09 with June 09 & July 08; year ending July 08 with yr ending July 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $10,000.

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Rochester Hills Market Analysis June 2009

Rochester Hills Market Analysis May 2009

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 July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

 

0 commentsCathy Tishhouse Royal Oak Real Estate • August 10 2009 05:47PM

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