Market Analysis Homes Sold for Royal Oak Michigan November 2010
November 2010 median sale prices decreased 04% from October 2010 & # of homes sold increased 16%. Private owned median price decreased 10% in November 2010 from October 2010. Bank owned homes median price increased 19% in November 2010 from October 2010. November 2010 median sale price decreased 08% from November 09 & # homes sold decreased 35% in November 2010. Year ending November 2010 median sale price compared to year ending November 09 increased 02% and homes sold increased 03% year ending November 2010 compared to year ending November 2009. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold November 2010
| 447 listings: |
|
58 Sold listings: |
|
| Average List Price |
$141,280 |
Average Sold Price |
$127,491 |
| Median List Price |
$131,991 |
Median Sold Price |
$117,250 |
| Highest List Price |
$495,000 |
Highest Sold Price |
$315,000 |
| Lowest List Price |
$31,900 |
Lowest Sold Price |
$ 32,500 |
| Avg. Days On Market |
142 |
Avg. Days On Market |
104 |
| Private Owned |
391 listings |
Private Owned |
43 Sold |
| Median List Price |
$139,900 |
Median Sold Price |
$130,000 |
| Bank Owned |
56 listings |
Bank Owned |
15 Sold |
| Median List Price |
$79,900 |
Median Sold Price |
$80,000 |
Active & Sold October 2010
| 456 listings: |
|
49 Sold listings: |
|
| Median List Price |
$134,399 |
Median Sold Price |
$122,290 |
| Private Owned |
401 listings |
Private Owned |
30 Sold |
| Median List Price |
$139,900 |
Median Sold Price |
$143,750 |
| Bank Owned |
55 listings |
Bank Owned |
19 Sold |
| Median List Price |
$83,900 |
Median Sold Price |
$65,000 |
Active & Sold November 2009
| 478 listings: |
|
89 Sold listings: |
|
| Median List Price |
$134,200 |
Median Sold Price |
$127,000 |
December 1, 2008 – November 30, 2009
| 1181 listings: |
|
792 Sold listings: |
|
| Median List Price |
$125,000 |
Median Sold Price |
$115,000 |
December 1, 2009 – November 30, 2010
| 1206 listings: |
|
817 Sold listings: |
|
| Median List Price |
$125,000 |
Median Sold Price |
$117,000 |
Monthly market analysis November 2010 for Royal Oak Michigan compares only median sold price of residential homes sold in November 2010 with October 2010 & November 09; year ending November 2009 with yr ending November 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.
If you are looking to Purchase a Home, click here.
If you are looking to Sell a Home, click here.
View all Market Analysis for Royal Oak, Michigan
Royal Oak 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..
0 comments • Cathy Tishhouse Royal Oak Real Estate • January 07 2011 03:32PM