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Rochester Hills Michigan Market Analysis & Statistics Homes Sold July 2010

 

Rochester Hills Michigan Market Analysis & Statistics Homes Sold July 2010

July 2010 median sale prices decreased 16% from June 2010 & # of homes sold decreased 25% from June 2010.  Bank owned homes median price increased 7% in July 2010 from June 2010.  Private owned homes median price decreased 4% in July 2010 from June 2010 & # homes decreased 27% in July 2010.  July 2010 median sale price increased 10% from July 2009. Year ending July 2010 median sale price compared to year ending July 09 decreased 3%.

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

 

Active & Solds July 2010

514 listings:

 

81 Sold listings:

 

Average List Price

$276,439

Average Sold Price

$215,319

Median List Price 

$219,900

Median Sold Price

$199,000 

Highest List Price

$2,100,000

Highest Sold Price

$610,000

Lowest List Price

$29,900

Lowest Sold Price

$42,000

Avg. DOM

211

Avg. DOM

100

Private Owned

455 listings

Private Owned

66 Sold 

Median List Price 

$239,900

Median Sold Price 

$216,500

Bank Owned

59 listings

Bank Owned

15 Sold 

Median List Price 

$122,900

Median Sold Price 

$119,000

Active & Solds June 2010

539 listings:

 

107 Sold listings:

 

Median List Price 

$224,900

Median Sold Price 

$210,000

Private Owned

481 listings

Private Owned

91 Sold 

Median List Price 

$239,900

Median Sold Price 

$225,000

Bank Owned

58 listings

Bank Owned

16 Sold 

Median List Price 

$127,700

Median Sold Price 

$110,975

Active & Solds July 2009

511  listings:

 

78 Sold listings:

Median List Price 

$215,000

Median Sold Price 

$179,250

August 1, 2008 – July 31, 2009

1068 listings:

 

635 Sold listings:

Median List Price 

$215,450

Median Sold Price 

$200,000

August 1, 2009 – July 31, 2010

1321 listings:

 

888 Sold listings:

Median List Price 

$207,000

Median Sold Price 

$194,472

 

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

July

Compared to previous month

+13

-15

00

+05

00

+08

-09

+12

00

-05

+07

-19

Compared to same month previous year (2008 – 2009)

-01

-22

-20

-03

+03

 00

-13

+07

+07

+03

+17

+10

Compared to Yr. Ending same month previous Yr.

-14

-16

-18

-18

-18

-16

-16

-16

-16

-13

-09

-03

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in Junly 2010 with June 2010 & July 2009; year ending July 09 with yr ending July 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.

Click Here for all market analysis for Rochester & Rochester Hills Michigan.

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.

 

1 commentCathy Tishhouse Royal Oak Real Estate • August 21 2010 06:00PM

Comments

Very interesting stats. Thanks for sharing!

Posted by Jason Channell, The House Sleuth (Diadem Property Inspections - Serving Southeast Michigan) over 1 year ago

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