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

Market Analysis for Homes Sold in Berkley MI June 2010

June 2010 median sale prices decreased 22% from May ‘10 & # of homes sold increased 30%. Private owned median prices increased 26% in June 2010 from May 2010 & # of homes sold increased 22%. Bank owned homes median price increased 33% in June 2010 from May 2010. June 2010 median sale price increased 05% from June 2009 & and # homes sold increased 33% in June 2010. Yr ending June 2010 median sale price compared to yr ending June 2009 decreased 11%.

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

Active & Sold June 2010

179 listings:

 

30 Sold listings:

 

Average List Price

$125,292

Average Sold Price

$120,767

Median List Price 

$120,000

Median Sold Price 

$109,000

Highest List Price

$389,900

Highest Sold Price

$347,500

Lowest List Price

$31,900

Lowest Sold Price

$54,000 

Avg. Days On Market

111

Avg. Days On Market

78

Private Owned

155 listings

Private Owned

23 Sold 

Median List Price 

$129,900

Median Sold Price 

$110,000 

Bank Owned

24 listings

Bank Owned

7 Sold 

Median List Price 

$79,900

Median Sold Price 

$75,000

Active & Sold May 2010

156  listings:

 

21 Sold listings:

 

Median List Price 

$124,949

Median Sold Price 

$139,900

Private Owned

141 listings

Private Owned

18 Sold

Median List Price 

$133,900

Median Sold Price 

$149,500

Bank Owned

15 listings

Bank Owned

3 Sold 

Median List Price 

$73,900

Median Sold Price 

$50,550

Active & Sold June 2009

169  listings:

 

20 Sold listings:

Median List Price 

$120,000

Median Sold Price 

$104,000

July 1, 2008 – June 30, 2009

385 listings:

 

236 Sold listings:

Median List Price 

$125,000

Median Sold Price 

$120,250

July 1, 2009 – June 30, 2010

432 listings:

 

283 Sold listings:

Median List Price 

$115,000

Median Sold Price 

$106,000

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in June 2010 with May 2010 & June 2009; year ending June 09 with year ending June 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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For all statistics and market analysis for Berkley Michigan, click here

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 onTwitter.

 

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