Market Analysis for Royal Oak Michigan December 2009
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December 09 median sale prices decreased 13% from Nov. 09 & # of homes sold decreased 10%. Private owned median price decreased 10% in Dec. 09 from Nov. 09 with a 29% decrease in # of homes sold in Dec.. Bank owned homes median price increased marginally in December 09 from November 09. |
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Dec. 2009 median sale price decreased 5% from Dec. 08 & # homes increased 40% in Dec. 2009 |
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Yr ending Dec. 09 median sale price compared to yr ending Dec. 08 decreased 23%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold December 2009
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465 listings: |
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70 Sold listings: |
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Median List Price |
$139,900 |
Median Sold Price |
$109,650 |
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Avg. Days On Market |
162 |
Avg. Days On Market |
112 |
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Private Owned |
413 listings |
Private Owned |
45 Sold |
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Median List Price |
$149,900 |
Median Sold Price |
$128,500 |
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Bank Owned |
52 listings |
Bank Owned |
25 Sold |
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Median List Price |
$79,950 |
Median Sold Price |
$81,500 |
Active & Sold November 2009
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518 listings: |
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78 Sold listings: |
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Median List Price |
$146,950 |
Median Sold Price |
$126,500 |
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Private Owned |
478 listings |
Private Owned |
63 Sold |
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Median List Price |
$149,900 |
Median Sold Price |
$143,000 |
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Bank Owned |
40 listings |
Bank Owned |
15 Sold |
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Median List Price |
$79,900 |
Median Sold Price |
$80,000 |
Active & Sold December 2008
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437 listings: |
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42 Sold listings: |
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Median List Price |
$146,000 |
Median Sold Price |
$116,000 |
January 1, 2008 – December 31, 2008
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1059 listings: |
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664 Sold listings: |
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Median List Price |
$149,900 |
Median Sold Price |
$148,900 |
January 1, 2009 – December 31, 2009
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1210 listings: |
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815 Sold listings: |
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Median List Price |
$129,900 |
Median Sold Price |
$114,900 |
Monthly market analysis December 2009 for Royal Oak Michigan compares only median sold price of residential homes sold in December 09 with November 09 & December 08; year ending December 08 with yr ending December 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 November 2009
Market Analysis for Royal Oak October 2009
Market Analysis for Royal Oak September 2009
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
Royal Oak Realtor selling Oakland County Real Estate. TishHouse sells Houses – selling Real Estate 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..
Cathy nice work keeping everyone in your area apprised of what is going on in the Real Estate market!