Ferndale Monthly Market Analysis Homes Sold April 2010
April 2010 median sale prices decreased 12% from Mar. ’10 & a 22% increase in # of homes sold. Private owned median decreased 18% in April 2010 from March ‘10. Bank owned homes median price decreased 23% in April 2010 from March 2010. April 2010 median sale price increased 39% from April 2009. Yr ending Apr. ‘10 median sale price compared to yr ending Apr. 09 stayed relatively the same.
Active & Sold April 2010
|
299 listings: |
|
51 Sold listings: |
|
|
Average List Price |
$80,853 |
Average Sold Price |
$63,504 |
|
Median List Price |
$74,500 |
Median Sold Price |
$53,500 |
|
Highest List Price |
$274,900 |
Highest Sold Price |
$250,000 |
|
Lowest List Price |
$6,000 |
Lowest Sold Price |
$12,100 |
|
Avg. Days On Market |
123 |
Avg. Days On Market |
72 |
|
Private Owned |
256 listings |
Private Owned |
34 Sold |
|
Median List Price |
$79,900 |
Median Sold Price |
$73,500 |
|
Bank Owned |
43 listings |
Bank Owned |
17 Sold |
|
Median List Price |
$26,900 |
Median Sold Price |
$21,000 |
Active & Sold March 2010
|
265 listings: |
|
40 Sold listings: |
|
|
Median List Price |
$74,900 |
Median Sold Price |
$60,675 |
|
Private Owned |
218 listings |
Private Owned |
22 Sold |
|
Median List Price |
$79,950 |
Median Sold Price |
$89,250 |
|
Bank Owned |
47 listings |
Bank Owned |
18 Sold |
|
Median List Price |
$29,900 |
Median Sold Price |
$27,250 |
Active & Sold April 2009
|
284 listings: |
|
36 Sold listings: |
|
|
Median List Price |
$73,250 |
Median Sold Price |
$32,400 |
May 1, 2008 – April 30, 2009
|
668 listings: |
|
420 Sold listings: |
|
|
Median List Price |
$64,900 |
Median Sold Price |
$49,750 |
May 1, 2009 – April 30, 2010
|
734 listings: |
|
486 Sold listings: |
|
|
Median List Price |
$64,900 |
Median Sold Price |
$50,000 |
Ferndale Michigan Market Analysis for April 2010 Compares only median sold price of residential homes sold in April 2010 with March 2010 & April 2009; year ending April 09 with yr ending April 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. It also shows a year in review of the market decrease and increase for 2009 through 2010. Statistics rounded to the nearest % - compiled from RealComp II and believed to be reliable.
|
|
Apr |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
Dec |
Jan. |
Feb |
Mar |
|
Compared to previous month |
-05 |
+10 |
+18 |
00 |
-44 |
+11 |
+24 |
+03 |
-07 |
+29 |
-41 |
-12 |
|
Compared to same month previous year (2008 – 2009) |
-59 |
-36 |
-24 |
-24 |
-38 |
-42 |
+08 |
+19 |
+09 |
+63 |
+33 |
+39 |
|
Compared to Yr. Ending same month previous Yr. |
-50 |
-50 |
-57 |
-57 |
-47 |
-50 |
-48 |
-40 |
-34 |
-31 |
-25 |
-25 |
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
Click here to view all market analysis for Ferndale Michigan
Ferndale 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 inShort Sales. See what my clients have to say about my extraordinary customer service. Follow me on Twitter..
Thank you for the update in your area!
Good luck on all your future sales!