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Rochester & Rochester Hills Market Analysis for August 2009

 

Rochester & Rochester Hills Michigan Market Analysis Homes Sold August 2009

August 09 median sale prices increased 13% from July 09 & a 13% decrease # of homes sold. Bank owned homes median price increased 10% in August 09 from July 09 

Private owned homes median price increased 11% in August 09 from July 09 & # sold stayed the same in August 09

August 09 median sale price decreased 1% from August 08   

Yr ending August 09 median sale price compared to yr ending August 08 decreased 14%

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

Active & Solds August 2009

625 listings:

 

64 Sold listings:

 

Median List Price 

$249,000

Median Sold Price 

$205,000 

Avg. DOM

213

Avg. DOM

93

Private Owned

585 listings

Private Owned

50 Sold 

Median List Price 

$249,900

Median Sold Price 

$223,000

Bank Owned

40 listings

Bank Owned

14 Sold 

Median List Price 

$136,450

Median Sold Price 

$127,500

Active & Solds July 2009

655 listings:

 

74 Sold listings:

 

Median List Price 

$234,900

Median Sold Price 

$177,500

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 August 2008

626  listings:

 

65 Sold listings:

Median List Price 

$249,000

Median Sold Price 

$207,000

September 1, 2007 – August 31, 2008

1160 listings:

 

599 Sold listings:

Median List Price 

$248,950

Median Sold Price 

$233,000

September 1, 2008 – August 31, 2009

1195 listings:

 

634 Sold listings:

Median List Price 

$229,900

Median Sold Price 

$199,450

Compares Rochester & Rochester Hills homes median sold price of residential homes sold in August 09 with July 09 & August 08; year ending August 08 with yr 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 $10,000.

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Rochester Hills Market Analysis July 2009

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 • October 09 2009 05:53PM

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