Birmingham Michigan and Metro Detroit Real Estate

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Market Analysis For Homes Sold in Berkley Michigan August 2009

 

Market Analysis for Homes Sold in Berkley MI August 2009

August 09 median sale prices increased 21% from July 09 & # of homes sold decreased 58%. Private owned median prices increased 8% in August 09 from July 09 & # of homes sold decreased 48%. Bank owned homes median price increased 42% in August 09 from July 09. 

August 09 median sale price decreased 14% from August 08 & 58% decrease in # homes sold.  

Yr ending Aug 2009 median sale price compared to yr ending Aug 08 decreased 21%

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

Active & Sold August 2009

169 listings:

 

15 Sold listings:

 

Median List Price 

$129,900

Median Sold Price 

$115,000

Avg. Days On Market

147

Avg. Days On Market

103

Private Owned

152 listings

Private Owned

12 Sold 

Median List Price 

$134,900

Median Sold Price 

$124,660 

Bank Owned

17 listings

Bank Owned

3 Sold 

Median List Price 

$79,900

Median Sold Price 

$65,000

Active & Sold July 2009

190  listings:

 

36 Sold listings:

 

Median List Price 

$124,900

Median Sold Price 

$91,000

Private Owned

163 listings

Private Owned

23 Sold 

Median List Price 

$130,000

Median Sold Price 

$115,000

Bank Owned

27 listings

Bank Owned

13 Sold 

Median List Price 

$67,900

Median Sold Price 

$38,000

Active & Sold August 2008

190  listings:

 

36 Sold listings:

Median List Price 

$132,450

Median Sold Price 

$133,500

September 1, 2007 – August 31, 2008

381 listings:

 

227 Sold listings:

Median List Price 

$139.900

Median Sold Price 

$140,000

September 1, 2008 – August 31, 2009

385 listings:

 

231 Sold listings:

Median List Price 

$124,900

Median Sold Price 

$110,000

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in August 2009 with July 2009 & August 08; year ending August 08 with year ending August 09.  It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.

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Market Analysis for Berkley July 2009

Market Analysis for Berkley June 2009

Market Analysis for Berkley May 2009

Market Analysis for Berkley April 2009

Market Analysis for Berkley March 2009

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 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.

 

0 commentsCathy Tishhouse Royal Oak Real Estate • September 24 2009 03:15PM

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