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Market Analysis For Homes Sold in Berkley Michigan October 2009

Market Analysis for Homes Sold in Berkley MI October 2009

Oct. 09 median sale prices increased 15% from Sept. 09 & # of homes sold increased 8%. Private owned median prices increased 10% in Oct 09 from September 09 & # of homes sold stayed the same. Bank owned homes median price decreased 31% in Oct. 09 from September 09. 

Oct. 09 median sale price decreased 30% from Oct 08 & 21% increase in # homes sold.  

Yr ending Oct 2009 median sale price compared to yr ending Oct. 08 decreased 30%

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

Active & Sold October 2009

165 listings:

 

24 Sold listings:

 

Median List Price 

$130,000

Median Sold Price 

$97,000

Avg. Days On Market

149

Avg. Days On Market

119

Private Owned

144 listings

Private Owned

15 Sold 

Median List Price 

$135,000

Median Sold Price 

$116,500 

Bank Owned

21 listings

Bank Owned

9 Sold 

Median List Price 

$69,900

Median Sold Price 

$33,500

Active & Sold September 2009

174  listings:

 

22 Sold listings:

 

Median List Price 

$126,000

Median Sold Price 

$82,000

Private Owned

152 listings

Private Owned

15 Sold 

Median List Price 

$129,900

Median Sold Price 

$105,000

Bank Owned

22 listings

Bank Owned

7 Sold 

Median List Price 

$82,400

Median Sold Price 

$48,900

Active & Sold October 2008

160  listings:

 

19 Sold listings:

Median List Price 

$135,000

Median Sold Price 

$138,800

November 1, 2007 –October 31, 2008

376 listings:

 

235 Sold listings:

Median List Price 

$139.900

Median Sold Price 

$138,800

November 1, 2008 – October 31, 2009

384 listings:

 

243 Sold listings:

Median List Price 

$119,900

Median Sold Price 

$98,000

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in October 2009 with September 2009 & October 08; year ending October 08 with year ending October 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 Berkley September 2009

Market Analysis for Berkley August 2009

Market Analysis for Berkley July 2009

Market Analysis for Berkley June 2009

Market Analysis for Berkley May 2009

Market Analysis for Berkley April 2009

Market Analysis for Berkley March 2009

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 2009

Berkley 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 • November 20 2009 01:59PM

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