Ferndale Monthly Market Analysis Homes Sold September 2009
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Sept. 09 median sale prices increased 11% from August 09 & a 16% decrease in # of homes sold. Private owned median price decreased 15% Sept. 09 from Aug. 09 & a 24% increase in # homes sold in Sept. 09. Bank owned homes median price decreased 21% in Sept. 09 from August 09 & 43% decrease in # homes sold in Sept 09. |
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September 09 median sale price decreased 42% from September 08 |
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Yr ending Sept. 09 median sale price compared to yr ending Sept. 08 decreased 50%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold September 2009
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289 listings: |
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37 Sold listings: |
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Median List Price |
$87,000 |
Median Sold Price |
$44,900 |
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Avg. Days On Market |
153 |
Avg. Days On Market |
51 |
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Private Owned |
253 listings |
Private Owned |
21 Sold |
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Median List Price |
$94,900 |
Median Sold Price |
$92,000 |
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Bank Owned |
36 listings |
Bank Owned |
16 Sold |
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Median List Price |
$29,950 |
Median Sold Price |
$24,250 |
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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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 September 2008
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302 listings: |
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50 Sold listings: |
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Median List Price |
$89,250 |
Median Sold Price |
$77,500 |
October 1, 2007 – September 30, 2008
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607 listings: |
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355 Sold listings: |
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Median List Price |
$85,000 |
Median Sold Price |
$78,000 |
October 1, 2008 – September 30, 2009
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694 listings: |
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442 Sold listings: |
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Median List Price |
$59,900 |
Median Sold Price |
$39,250 |
Ferndale Michigan Market Analysis for September 2009 Compares only median sold price of residential homes sold in Sept. 09 with August 09 & Sept. 08; year ending Sept. 08 with year ending Sept. 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 August 2009
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
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