Ferndale Monthly Market Analysis Homes Sold August 2009
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August 09 median sale prices decreased 44% from July 09 & an 18% increase in # of homes sold. Private owned median price increased 21% in August 09 from July 09 & # homes sold decreased 24% from July 09. Bank owned homes median price decreased 12% in August 09 from July 09 & # homes sold increased 46% in Aug. 09. |
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August 09 median sale price decreased 38% from August 08 |
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Yr ending Aug. 09 median sale price compared to yr ending Aug. 08 decreased 47%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold August 2009
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296 listings: |
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44 Sold listings: |
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Median List Price |
$85,000 |
Median Sold Price |
$40,000 |
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Avg. Days On Market |
156 |
Avg. Days On Market |
94 |
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Private Owned |
248 listings |
Private Owned |
16 Sold |
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Median List Price |
$95,500 |
Median Sold Price |
$108,000 |
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Bank Owned |
48 listings |
Bank Owned |
28 Sold |
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Median List Price |
$34,400 |
Median Sold Price |
$30,600 |
Active & Sold July 2009
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296 listings: |
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36 Sold listings: |
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Median List Price |
$89,900 |
Median Sold Price |
$71,250 |
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Private Owned |
255 listings |
Private Owned |
21 Sold |
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Median List Price |
$99,900 |
Median Sold Price |
$85,000 |
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Bank Owned |
41 listings |
Bank Owned |
15 Sold |
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Median List Price |
$35,000 |
Median Sold Price |
$34,900 |
Active & Sold August 2008
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283 listings: |
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31 Sold listings: |
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Median List Price |
$87,500 |
Median Sold Price |
$65,000 |
September 1, 2007 – August 31, 2008
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575 listings: |
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323 Sold listings: |
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Median List Price |
$85,000 |
Median Sold Price |
$78,000 |
September 1, 2008 – August 31, 2009
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707 listings: |
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455 Sold listings: |
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Median List Price |
$64,000 |
Median Sold Price |
$41,000 |
Ferndale Michigan Market Analysis for August 2009 Compares only median sold price of residential homes sold in Aug 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 $5,000.
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Market Analysis for Ferndale July 2009
Market Analysis for Ferndale June 2009
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
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.
