Market Analysis Homes Sold in Beverly Hills MI September 2010
September 2010 median sale prices increased 01% from August 2010 & # of homes sold increased 73%. Private owned median prices decreased 02% in September 2010 from August 2010 & # of homes increased 79%. Bank owned homes median price increased 48% in September 2010 from August 2010 and # of homes sold remained the same September 2010 from August 2010. September 2010 median sale price remained relatively the same compared to September 2009 with a 20% increase in # homes sold in September 2010. Year ending September 2010 median sale price compared to yr ending September 2009 increased 01%.
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold September 2010
| 94 listings: | 15 Sold listings: | ||
| Average List Price | $255,503 | Average Sold Price | $228,930 |
| Median List Price | $226,000 | Median Sold Price | $222,000 |
| Highest List Price | $1,200,000 | Highest Sold Price | $367,500 |
| Lowest List Price | $60,000 | Lowest Sold Price | $118,000 |
| Avg. Days On Market | 180 | Avg. Days On Market | 166 |
| Private Owned | 86 listings | Private Owned | 14 Sold |
| Median List Price | $233,000 | Median Sold Price | $225,500 |
| Bank Owned | 8 listings | Bank Owned | 1 Sold |
| Median List Price | $166,200 | Median Sold Price | $140,000 |
Active & Sold August 2010
| 83 listings: | 4 Sold listings: | ||
| Median List Price | $225,000 | Median Sold Price | $220,000 |
| 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 September 2009
| 91 listings: | 12 Sold listings: | ||
| Median List Price | $225,000 | Median Sold Price | $222,500 |
October 1, 2008 – September 30, 2009
| 197 listings: | 118 Sold listings: | ||
| Median List Price | $199,950 | Median Sold Price | $183,750 |
October 1, 2009 – September 30, 2010
| 248 listings: | 169 Sold listings: | ||
| Median List Price | $199,900 | Median Sold Price | $185,000 |
Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in September 2010 with August 2010 & September 09; year ending September 09 with year ending September 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.
| Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | June | July | Aug | Sept | |
| Compared to previous month | -16 | -23 | +28 | -11 | -34 | +33 | -23 | +44 | -23 | 00 | +16 | +01 |
| Compared to same month previous year (2008 – 2009) | +03 | -20 | +33 | -05 | -09 | +65 | -23 | +38 | -01 | -20 | +14 | 00 |
| Compared to Yr. Ending same month previous Yr. | -19 | -21 | -08 | -09 | -09 | -09 | -10 | +02 | +03 | -03 | -02 | +01 |
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Nice presentation of your area. Buyers and sellers appreciate market analysis and your info should help them in the process.
Cathy as usual you have done an excellent jo of keeping everyone up to speed on the market stats!