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
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179 listings:
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30 Sold listings:
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Average List Price
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$125,292
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Average Sold Price
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$120,767
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Median List Price
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$120,000
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Median Sold Price
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$109,000
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Highest List Price
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$389,900
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Highest Sold Price
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$347,500
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Lowest List Price
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$31,900
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Lowest Sold Price
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$54,000
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Avg. Days On Market
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111
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Avg. Days On Market
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78
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Private Owned
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155 listings
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Private Owned
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23 Sold
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Median List Price
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$129,900
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Median Sold Price
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$110,000
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Bank Owned
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24 listings
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Bank Owned
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7 Sold
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Median List Price
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$79,900
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Median Sold Price
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$75,000
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Active & Sold May 2010
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156 listings:
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21 Sold listings:
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Median List Price
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$124,949
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Median Sold Price
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$139,900
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Private Owned
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141 listings
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Private Owned
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18 Sold
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Median List Price
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$133,900
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Median Sold Price
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$149,500
|
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Bank Owned
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15 listings
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Bank Owned
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3 Sold
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Median List Price
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$73,900
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Median Sold Price
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$50,550
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Active & Sold June 2009
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169 listings:
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20 Sold listings:
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Median List Price
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$120,000
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Median Sold Price
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$104,000
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July 1, 2008 – June 30, 2009
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385 listings:
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236 Sold listings:
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Median List Price
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$125,000
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Median Sold Price
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$120,250
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July 1, 2009 – June 30, 2010
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432 listings:
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283 Sold listings:
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Median List Price
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$115,000
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Median Sold Price
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$106,000
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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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