Market Analysis for Homes Sold for Royal Oak Michigan December 2010
December 2010 median sale prices decreased 03% from November 2010 & # of homes sold decreased 17%. Private owned median price stayed the same in December 2010 from November 2010. Bank owned homes median price decreased 15% in December 2010 from November 2010. December 2010 median sale price increased 05% from December 09 & # homes sold decreased 34% in December 2010. Year ending December 2010 median sale price compared to year ending December 09 increased 03% and homes sold decreased 04% year ending December 2010 compared to year ending December 2009. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable
Active & Sold December 2010
| 414 listings: |
|
48 Sold listings: |
|
| Average List Price |
$138,359 |
Average Sold Price |
$128,979 |
| Median List Price |
$129,509 |
Median Sold Price |
$113,407 |
| Highest List Price |
$495,000 |
Highest Sold Price |
$440,000 |
| Lowest List Price |
$24,000 |
Lowest Sold Price |
$ 35,000 |
| Avg. Days On Market |
145 |
Avg. Days On Market |
95 |
| Private Owned |
358 listings |
Private Owned |
35 Sold |
| Median List Price |
$136,000 |
Median Sold Price |
$130,000 |
| Bank Owned |
55 listings |
Bank Owned |
13 Sold |
| Median List Price |
$89,900 |
Median Sold Price |
$68,000 |
Active & Sold November 2010
| 447 listings: |
|
58 Sold listings: |
|
| Median List Price |
$131,991 |
Median Sold Price |
$117,250 |
| 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 December 2009
| 439 listings: |
|
73 Sold listings: |
|
| Median List Price |
$128,000 |
Median Sold Price |
$107,300 |
January 1, 2009 – December 31, 2009
| 1189 listings: |
|
823 Sold listings: |
|
| Median List Price |
$124,500 |
Median Sold Price |
$114,900 |
January 1, 2010 – December 31, 2010
| 1159 listings: |
|
793 Sold listings: |
|
| Median List Price |
$125,000 |
Median Sold Price |
$118,000 |
Monthly market analysis December 2010 for Royal Oak Michigan compares only median sold price of residential homes sold in December 2010 with November 2010 & December 09; year ending December 2009 with yr ending December 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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View all Market Analysis for Royal Oak, Michigan
0 comments • Cathy Tishhouse Royal Oak Real Estate • January 07 2011 03:35PM