Market Analysis Homes Sold in Beverly Hills MI August 2010
August 2010 median sale prices increased 16% from July 2010 & # of homes sold decreased 76%. Private owned median prices increased 20% in August 2010 from July 2010 & # of homes decreased 79%. Bank owned homes median price decreased 64% in August 2010 from July 2010 and # of homes sold decreased 67% in August 2010 from July 2010. August 2010 median sale price increased 14% from August 2009 with a 78% decrease in # homes sold in August 2010. Year ending August 2010 median sale price compared to yr ending August 2009 decreased 02%.
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold August 2010
| 83 listings: | 4 Sold listings: | ||
| Average List Price | $256,201 | Average Sold Price | $218,250 |
| Median List Price | $225,000 | Median Sold Price | $220,000 |
| Highest List Price | $1,200,000 | Highest Sold Price | $360,000 |
| Lowest List Price | $60,000 | Lowest Sold Price | $ 73,000 |
| Avg. Days On Market | 176 | Avg. Days On Market | 56 |
| Private Owned | 75 listings | Private Owned | 3 Sold |
| Median List Price | $225,000 | Median Sold Price | $230,000 |
| Bank Owned | 8 listings | Bank Owned | 1 Sold |
| Median List Price | $166,200 | Median Sold Price | $ 73,000 |
Active & Sold July 2010
| 96 listings: | 17 Sold listings: | ||
| Median List Price | $224,800 | Median Sold Price | $185,000 |
| Private Owned | 86 listings | Private Owned | 14 Sold |
| Median List Price | $224,800 | Median Sold Price | $183,500 |
| Bank Owned | 10 listings | Bank Owned | 3 Sold |
| Median List Price | $197,400 | Median Sold Price | $205,000 |
Active & Sold August 2009
| 97 listings: | 18 Sold listings: | ||
| Median List Price | $219,900 | Median Sold Price | $188,750 |
September 1, 2008 – August 31, 2009
| 197 listings: | 118 Sold listings: | ||
| Median List Price | $199,900 | Median Sold Price | $185,000 |
September 1, 2009 – August 31, 2010
| 245 listings: | 166 Sold listings: | ||
| Median List Price | $199,900 | Median Sold Price | $180,750 |
Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in August 2010 with July 2010 & August 09; year ending August 09 with year ending August 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. It also shows a year in review of the market decrease and increase for 2009 through 2010.
| Sept | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | June | July | Aug | |
| Compared to previous month | +16 | -16 | -23 | +28 | -11 | -34 | +33 | -23 | +44 | -23 | 00 | +16 |
| Compared to same month previous year (2008 – 2009) | -07 | +03 | -20 | +33 | -05 | -09 | +65 | -23 | +38 | -01 | -20 | +14 |
| Compared to Yr. Ending same month previous Yr. | -24 | -19 | -21 | -08 | -09 | -09 | -09 | -10 | +02 | +03 | -03 | -02 |
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