Metro Detroit Real Estate Homes For Sale

head_left_image

Rochester & Rochester Hills Market Analysis for Homes Sold October 2009

 

Rochester Hills Michigan Market Analysis Homes Sold October 2009

October 09 median sale prices remained relatively the same compared to Sept. 09 & a 21% increase # of homes sold. Bank owned homes median price increased 26% in Oct. 09 from Sept. 09 

Private owned homes median price decreased 11% in October 09 from Sept. 09 & # sold increased 25% in October 09

October 09 median sale price decreased 20% from October 08   

Yr ending Oct. 09 median sale price compared to yr ending Oct. 08 decreased 18%

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

Active & Solds October 2009

550 listings:

 

90 Sold listings:

 

Median List Price 

$225,000

Median Sold Price 

$173,750 

Avg. DOM

225

Avg. DOM

95

Private Owned

495 listings

Private Owned

61 Sold 

Median List Price 

$239,000

Median Sold Price 

$190,000

Bank Owned

55 listings

Bank Owned

29 Sold 

Median List Price 

$134,000

Median Sold Price 

$135,000

Active & Solds September 2009

617 listings:

 

71 Sold listings:

 

Median List Price 

$235,000

Median Sold Price 

$175,000

Private Owned

569 listings

Private Owned

46 Sold 

Median List Price 

$249,900

Median Sold Price 

$213,000

Bank Owned

48 listings

Bank Owned

25 Sold 

Median List Price 

$124,000

Median Sold Price 

$100,000

Active & Solds October 2008

518  listings:

 

58 Sold listings:

Median List Price 

$234,950

Median Sold Price 

$217,500

November 1, 2007 – October 31, 2008

1065 listings:

 

605 Sold listings:

Median List Price 

$239,000

Median Sold Price 

$229,500

November 1, 2008 – October 31, 2009

1147 listings:

 

687 Sold listings:

Median List Price 

$215,000

Median Sold Price 

$189,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in October 09 with September 09 & October 08; year ending Oct. 08 with yr ending Oct. 09. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $10,000.

If you are looking to Purchase a Home, click here for an IDX Home Search 

If you are looking to Sell a Home, click here for an outline of our Marketing Strategy

Rochester Hills Market Analysis September 2009

Rochester Hills Market Analysis August 2009

Rochester Hills Market Analysis July 2009

Rochester Hills Market Analysis June 2009

Rochester Hills Market Analysis May 2009

Rochester Hills Market Analysis April 2009

Rochester Hills Market Analysis March 2009

Rochester Hills Market Analysis February 2009

Rochester Hills Market Analysis for January 2009

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 2009

Rochester Hills 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 • December 18 2009 12:24PM

Comments

Participate



(optional)
What does the graphic say?