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Rochester & Rochester Hills Michigan Market Analysis & Statistics Homes Sold March 2010

 

Rochester Hills Michigan Market Analysis & Statistics Homes Sold March 2010

March 2010 median sale prices increased 12% from February 2010 & # of homes sold increased 31% in March 2010.  Bank owned homes median price increased 19% in March 2010 from February 2010.  Private owned homes median price decreased 7% in March 2010 from February 2010 & # homes increased 48% in March 2010. March 2010 median sale price increased 7% from March 2009. Yr ending Mar. 2010 median sale price compared to yr ending Mar. 09 decreased 16%.

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

 

Active & Solds March 2010

534 listings:

 

68 Sold listings:

 

Average List Price

$285,727

Average Sold Price

$205,826

Median List Price 

$224,450

Median Sold Price

$205,000 

Highest List Price

$2,499,000

Highest Sold Price

$500,000

Lowest List Price

$25,000

Lowest Sold Price

$20,000

Avg. DOM

206

Avg. DOM

97

Private Owned

498 listings

Private Owned

56 Sold 

Median List Price 

$229,950

Median Sold Price 

$206,500

Bank Owned

36 listings

Bank Owned

12 Sold 

Median List Price 

$152,240

Median Sold Price 

$151,500

Active & Solds February 2010

501 listings:

 

47 Sold listings:

 

Median List Price 

$228,900

Median Sold Price 

$180,000

Private Owned

460 listings

Private Owned

29 Sold 

Median List Price 

$244,950

Median Sold Price 

$222,000

Bank Owned

41 listings

Bank Owned

18 Sold 

Median List Price 

$134,000

Median Sold Price 

$122,500

Active & Solds March 2009

507  listings:

 

41 Sold listings:

 

Median List Price 

$220,000

Median Sold Price 

$190,000

April 1, 2008 – March 31, 2009

1084 listings:

 

618 Sold listings:

 

Median List Price 

$231,000

Median Sold Price 

$219,750

April 1, 2009 – March 31, 2010

1247 listings:

 

781 Sold listings:

 

Median List Price 

$204,900

Median Sold Price 

$185,000

 

 

Apr

May

June

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Compared to previous month

+02

-04

-05

-01

+13

-15

00

+05

00

+08

-09

+12

Compared to same month previous year (2008 – 2009)

-10

-13

-21

-28

-01

-22

-20

-03

+03

 00

-13

+07

Compared to Yr. Ending same month previous Yr.

-15

-14

-13

-16

-14

-16

-18

-18

-18

-16

-16

-16

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in March 2010 with February 2010 & March 09; year ending March 09 with yr ending March 2010. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $10,000.

Click Here for all market analysis for Rochester & Rochester Hills Michigan.

Click Here for year to date statistics and market analysis for 2009 for Rochester & Rochester Hills Michigan.

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Rochester Hills Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michiganwith RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to sayabout my extraordinary customer service.  Follow me on Twitter..

 

Comments

Great job as usual keeping your readers up to speed and understanding what is going on in the market.

Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) about 2 years ago

You're fantastically dependable when it comes to these market reports:)

Posted by Loan Survivor Real Estate Financing Expert (Purchases, First Time Buyers, Pre-Approvals, Refinance) about 2 years ago

Great job on your market analysis report!  This so helpful to new your new and current clients.  Have a great week!

Posted by Lizette Fitzpatrick - Lexington KY MLS - Kentucky Homes - Horse Farms (Lizette Realty - Lexington KY - Richmond KY) about 2 years ago

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