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Market Analysis & Statistics for Homes Sold in Berkley MI January 2010

Market Analysis  & Statistics for Homes Sold in Berkley MI January 2010

Jan. 2010 median sale prices decreased 32% from Dec. 09 & # of homes sold decreased 12%. Private owned median prices increased 23% in Jan. 2010 from December 09 & # of homes sold decreased 38%. Bank owned homes median price decreased 39% in Jan. ‘10 from December 09. 

January 2010 median sale price decreased 24% from January 2009 & and # homes sold stayed relatively the same.  

Yr ending Jan. ‘10 median sale price compared to yr ending Jan. 09 decreased 27%

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

Active & Sold January 2010

160 listings:

 

14 Sold listings:

 

Median List Price 

$127,200

Median Sold Price 

$82,000

Avg. Days On Market

131

Avg. Days On Market

59

Private Owned

142 listings

Private Owned

8 Sold 

Median List Price 

$130,000

Median Sold Price 

$159,000 

Bank Owned

18 listings

Bank Owned

6 Sold 

Median List Price 

$69,900

Median Sold Price 

$50,000

Active & Sold December 2009

147  listings:

 

16 Sold listings:

 

Median List Price 

$129,900

Median Sold Price 

$121,125

Private Owned

131 listings

Private Owned

13 Sold 

Median List Price 

$130,000

Median Sold Price 

$122,250

Bank Owned

16 listings

Bank Owned

3 Sold 

Median List Price 

$87,400

Median Sold Price 

$82,500

Active & Sold January 2009

159  listings:

 

13 Sold listings:

Median List Price 

$125,000

Median Sold Price 

$108,000

February 1, 2008 – January 31, 2009

389 listings:

 

243 Sold listings:

Median List Price 

$134,500

Median Sold Price 

$132,000

February 1, 2009 – January 31, 2010

401 listings:

 

255 Sold listings:

Median List Price 

$115,000

Median Sold Price 

$96,500

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in January 2010 with December 2009 & January 09; year ending January 09 with year ending January 2010.  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 December 2009

Market Analysis for Berkley November 2009

Market Analysis for Berkley October 2009

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

Berkley Michigan 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..

 

1 commentCathy Tishhouse Royal Oak Real Estate • February 07 2010 12:42PM

Comments

Yikes, it looks like your market is still seeing tremendous falling values.

Posted by Christine Stalsonburg (Social Media Partners) almost 2 years ago

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