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Birmingham Michigan Market Analysis Homes Sold September 2009

Birmingham Michigan Market Analysis For  September 2009

September 09 median sale prices decreased 23% from August 09 & a 29% increase # of homes sold. Private owned homes median price decreased 26% in Sept 09 from August 09.  Bank owned homes median price stayed the same in Sept. 09 from August 09. 

September 09 median sale price decreased less than 1% from September 08.

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

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

Active & Solds September 2009

384 listings:

 

38 Sold listings:

 

Median List Price 

$399,900

Median Sold Price 

$268,762

Avg. DOM

185

Avg. DOM

89

Private Owned

358 listings

Private Owned

27 Sold 

Median List Price 

$439,450

Median Sold Price 

$326,250

Bank Owned

26 listings

Bank Owned

11 Sold 

Median List Price 

$159,900

Median Sold Price 

$142,900

Active & Solds August 2009

370 listings:

 

27 Sold listings:

 

Median List Price 

$419,950

Median Sold Price 

$350,000

Private Owned

350 listings

Private Owned

22 Sold 

Median List Price 

$445,000

Median Sold Price 

$441,750

Bank Owned

20 listings

Bank Owned

5 Sold 

Median List Price 

$154,950

Median Sold Price 

$142,000

Active & Solds September 2008

361 listings:

 

15 Sold listings:

Median List Price 

$424,900

Median Sold Price 

$270,000

October 1, 2008 – September 30, 2009

653 listings:

 

307 Sold listings:

Median List Price 

$359,000

Median Sold Price 

$254,000

October 1, 2007– September 30, 2008

584 listings:

 

238 Sold listings:

Median List Price 

$386,438

Median Sold Price 

$320,000

Birmingham Market Analysis compares only median sold price of residential homes sold in September 09 with August 09 & September 08; year ending September 08 with year ending September 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

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Market Analysis for Birmingham August 2009

Market Analysis for Birmingham July 2009

Market Analysis for Birmingham June 2009

Market Analysis for Birmingham May 2009

Market Analysis for Birmingham April 2009

Market Analysis for Birmingham March 2009

Market Analysis for Birmingham February 2009

Birmingham Michigan January 2009 Market Analysis

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 2009

Birmingham 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 07:02PM

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