Market Analysis Homes Sold in Beverly Hills MI February 2010
February 2010 median sale prices decreased 34% from January 2010 & # of homes sold decreased 58%. Private owned median price decreased 47% in Feb. 2010 from Jan. 2010 and # of homes sold decreased 86%. Bank owned homes median price and # of homes sold remained relatively the same in February 2010 from January 2010. February 2010 median sale price decreased 9% from a year ago February 2009 & # homes sold increased 20% in Feb. 2010. Yr ending Feb. 2010 median sale price compared to yr ending Feb. 09 decreased 9%. The Year to date summary (farther below), indicates that the market is still volatile with figures fluctuating considerably. Clearly February was not a good month for Beverly Hills Michigan Real Estate. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold February 2010
|
100 listings: |
|
5 Sold listings: |
|
|
Median List Price |
$219,950 |
Median Sold Price |
$118,000 |
|
Avg. Days On Market |
175 |
Avg. Days On Market |
88 |
|
Private Owned |
85 listings |
Private Owned |
1 Sold |
|
Median List Price |
$225,000 |
Median Sold Price |
$118,000 |
|
Bank Owned |
15 listings |
Bank Owned |
4 Sold |
|
Median List Price |
$179,900 |
Median Sold Price |
$104,500 |
Active & Sold January 2010
|
98 listings: |
|
12 Sold listings: |
|
|
Median List Price |
$229,500 |
Median Sold Price |
$179,950 |
|
Private Owned |
87 listings |
Private Owned |
7 Sold |
|
Median List Price |
$239,900 |
Median Sold Price |
$223,711 |
|
Bank Owned |
11 listings |
Bank Owned |
5 Sold |
|
Median List Price |
$114,900 |
Median Sold Price |
$104,000 |
Active & Sold February 2009
|
99 listings: |
|
4 Sold listings: |
|
|
Median List Price |
$225,000 |
Median Sold Price |
$129,050 |
March 1, 2008 – February 28, 2009
|
205 listings: |
|
110 Sold listings: |
|
|
Median List Price |
$225,000 |
Median Sold Price |
$210,000 |
March 1, 2009 – February 28, 2010
|
241 listings: |
|
146 Sold listings: |
|
|
Median List Price |
$216,000 |
Median Sold Price |
$190,250 |
Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in February 2010 with January 2010 & February 09; year ending Feb. 09 with year ending February 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.
Year-To-Date Statistical Comparison of Monthly Statistics From Above & Previous Months
|
|
Mar |
Apr |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
Dec |
Jan |
Feb |
|
|
Compared to previous month |
-53 |
+65 |
-14 |
+20 |
+18 |
-18 |
+16 |
-16 |
-23 |
+28 |
-11 |
-34 |
|
|
Compared to same month previous year (2008 – 2009) |
-74 |
-17 |
-34 |
-22 |
-16 |
-18 |
-07 |
+03 |
-20 |
+33 |
-05 |
-09 |
|
|
Compared to Yr. Ending same month previous Yr. |
-23 |
-24 |
-28 |
-30 |
-27 |
-24 |
-24 |
-19 |
-21 |
-08 |
-09 |
-09 |
|
Click here for all statistics and market analysis for Beverly Hills Michigan
Click here for a market analysis of homes sold in 2009 and last five years
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
Beverly Hills 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..
