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Royal Oak Michigan Market Analysis Homes Sold September 2009

Royal Oak Michigan Market Analysis Homes Sold for September 2009

Sept 09 median sale prices decreased 15% from August 09 & # of homes sold increased 14%. Private owned median price decreased 11% in Sept. 09 from August 09.  Bank owned homes median price stayed relatively the same in September 09 from August 09. 

Sept. 09 median sale price decreased 14% from Sept. 08 & # homes increased 15% in 09

Yr ending Sept. 09 median sale price compared to yr ending Sept. 08 decreased 25%;

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

Active & Sold September 2009

553 listings:

 

78 Sold listings:

 

Median List Price 

$149,900

Median Sold Price 

$111,250

Avg. Days On Market

145

Avg. Days On Market

110

Private Owned

509 listings

Private Owned

54 Sold 

Median List Price 

$153,900

Median Sold Price 

$128,750 

Bank Owned

45 listings

Bank Owned

24 Sold 

Median List Price 

$68,900

Median Sold Price 

$60,437

Active & Sold August 2009

564 listings:

 

67 Sold listings:

 

Median List Price 

$150,000

Median Sold Price 

$131,500

Private Owned

521 listings

Private Owned

49 Sold 

Median List Price 

$155,000

Median Sold Price 

$144,250

Bank Owned

43 listings

Bank Owned

18 Sold 

Median List Price 

$79,900

Median Sold Price 

$60,000

Active & Sold September 2008

542  listings:

 

66 Sold listings:

Median List Price 

$154,900

Median Sold Price 

$149,000

October 1, 2007 – September 30, 2008

1139 listings:

 

663 Sold listings:

Median List Price 

$159,900

Median Sold Price 

$154,000

October 1, 2008 – September 30, 2009

1194 listings:

 

718 Sold listings:

Median List Price 

$134,925

Median Sold Price 

$115,000

Monthly market analysis September 2009 for Royal Oak Michigan compares only median sold price of residential homes sold in September 09 with August 09 & September 08; year ending September 08 with yr ending September 09. It shows all homes sold then private owned vs. Bank Owned/HUD to determine the # of homes sold for the month and increase/decrease in median sold price.  To exclude leases in data, minimum sale price used was $5,000.

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Market Analysis for Royal Oak August 2009

Market Analysis for Royal Oak July 2009

Market Analysis for Royal Oak June 2009

Market Analysis for Royal Oak May 2009

Market Analysis for Royal Oak April 2009

Market Analysis for Royal Oak March 2009

Market Analysis for Royal Oak February 2009

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 2009

Royal Oak 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 10 2009 08:41AM

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