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Rochester Hills Michigan Market Analysis & Statistics Homes Sold May 2010

Rochester Hills Michigan Market Analysis & Statistics Homes Sold May 2010

May 2010 median sale prices decreased 5% from April 2010 & # of homes sold remained relatively the same in May 2010.  Bank owned homes median price remained relatively the same in May 2010 from April 2010.  Private owned homes median price decreased 2% in May 2010 from April 2010 & # homes stayed the same in May 2010. May 2010 median sale price increased 3% from May 2009. Yr ending May 2010 median sale price compared to yr ending May 09 decreased 13%.

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

 

Active & Solds May 2010

527 listings:

 

80 Sold listings:

 

Average List Price

$288,556

Average Sold Price

$211,295

Median List Price 

$220,000

Median Sold Price

$195,250 

Highest List Price

$2,499,000

Highest Sold Price

$708,000

Lowest List Price

$21,000

Lowest Sold Price

$45,000

Avg. DOM

217

Avg. DOM

135

Private Owned

480 listings

Private Owned

65 Sold 

Median List Price 

$230,000

Median Sold Price 

$220,000

Bank Owned

47 listings

Bank Owned

15 Sold 

Median List Price 

$144,900

Median Sold Price 

$140,000

Active & Solds April 2010

536 listings:

 

81 Sold listings:

 

Median List Price 

$224,900

Median Sold Price 

$205,000

Private Owned

493 listings

Private Owned

65 Sold 

Median List Price 

$229,900

Median Sold Price 

$225,000

Bank Owned

43 listings

Bank Owned

16 Sold 

Median List Price 

$137,900

Median Sold Price 

$139,500

Active & Solds May 2009

505  listings:

 

57 Sold listings:

Median List Price 

$220,000

Median Sold Price 

$189,900

June 1, 2008 – May 31, 2009

1077 listings:

 

630 Sold listings:

Median List Price 

$225,000

Median Sold Price 

$215,000

June 1, 2009 – May 31, 2010

1290 listings:

 

843 Sold listings:

Median List Price 

$200,000

Median Sold Price 

$186,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in May 2010 with April 2010 & May 09; year ending May 09 with yr ending May 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.

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Rochester Hills 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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