Market Analysis for Royal Oak Michigan June 2010
June 2010 median sale prices decreased 1% from May 2010 & # of homes sold increased 7%. Private owned median price decreased 2% in June 2010 from May 2010. Bank owned homes median price increased 18% in June 2010 from May 2010.
June 2010 median sale price increased 9% from June 09 & # homes sold increased 8% in June 2010. Yr ending June 2010 median sale price compared to yr ending June 09 decreased 4%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable
Active & Sold June 2010
|
536 listings: |
|
95 Sold listings: |
|
|
Average List Price |
$152,099 |
Average Sold Price |
$139,015 |
|
Median List Price |
$144,900 |
Median Sold Price |
$133,900 |
|
Highest List Price |
$599,000 |
Highest Sold Price |
$350,000 |
|
Lowest List Price |
$19,900 |
Lowest Sold Price |
$19,000 |
|
Avg. Days On Market |
140 |
Avg. Days On Market |
93 |
|
Private Owned |
478 listings |
Private Owned |
76 Sold |
|
Median List Price |
$150,000 |
Median Sold Price |
$137,500 |
|
Bank Owned |
58 listings |
Bank Owned |
19 Sold |
|
Median List Price |
$84,950 |
Median Sold Price |
$75,000 |
Active & Sold May 2010
|
535 listings: |
|
88 Sold listings: |
|
|
Median List Price |
$145,000 |
Median Sold Price |
$135,750 |
|
Private Owned |
486 listings |
Private Owned |
76 Sold |
|
Median List Price |
$150,000 |
Median Sold Price |
$140,000 |
|
Bank Owned |
49 listings |
Bank Owned |
12 Sold |
|
Median List Price |
$49,900 |
Median Sold Price |
$61,506 |
Active & Sold June 2009
|
523 listings: |
|
87 Sold listings: |
|
|
Median List Price |
$143,000 |
Median Sold Price |
$121,500 |
July 1, 2008 – June 30, 2009
|
1112 listings: |
|
679 Sold listings: |
|
|
Median List Price |
$139.000 |
Median Sold Price |
$125,000 |
July 1, 2009 – June 30, 2010
|
1372 listings: |
|
931 Sold listings: |
|
|
Median List Price |
$129,950 |
Median Sold Price |
$120,000 |
Monthly market analysis June 2010 for Royal Oak Michigan compares only median sold price of residential homes sold in June 2010 with May 2010 & June 09; year ending June 2009 with yr ending June 2010. It shows all homes sold then private owned vs. Bank Owned/HUD to determine the # of homes sold for the month and increase/decrease in median sold price. To exclude leases in data, minimum sale price used was $5,000.
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