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Market Analysis for Homes Sold in Berkley MI November 2010

Market Analysis for Homes Sold in Berkley MI November 2010

November 2010 median sale prices increased 12% from October 2010 & # of homes sold stayed the same. Private owned median prices stayed relatively the same in November 2010 from October 2010 & # of homes sold increased 30%.  Bank owned homes median price decreased 05% in November 2010 from October 2010. November 2010 median sale price increased 03% from November 2009 & and # homes sold decreased 49% in November 2010. Year ending November 2010 median sale price compared to yr ending November 2009 increased 03%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Sold November 2010

170 listings: 12 Sold listings:
Average List Price $127,604 Average Sold Price $ 90,992
Median List Price $119,900 Median Sold Price $ 97,500
Highest List Price $299,000 Highest Sold Price $160,000
Lowest List Price $27,500 Lowest Sold Price $ 55,000
Avg. Days On Market 121 Avg. Days On Market 124
Private Owned 152 listings Private Owned 10 Sold
Median List Price $124,450 Median Sold Price $100,000
Bank Owned 18 listings Bank Owned 2 Sold
Median List Price $ 63,4000 Median Sold Price $56,000

Active & Sold October 2010

176  listings: 12 Sold listings:
Median List Price $119,950 Median Sold Price $86,250
Private Owned 158 listings Private Owned 7 Sold
Median List Price $128,875 Median Sold Price $100,300
Bank Owned 18 listings Bank Owned 5 Sold
Median List Price $63,950 Median Sold Price $58,700

Active & Sold November 2009

181  listings: 23 Sold listings:
Median List Price $119,900 Median Sold Price $ 95,000

December 1, 2008 – November 30, 2009

409 listings: 251 Sold listings:
Median List Price $110,000 Median Sold Price $97,000

December 1, 2009 – November 30, 2010

414 listings: 256 Sold listings:
Median List Price $115,000 Median Sold Price $100,000

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in November 2010 with October 2010 & November 2009; year ending November 09 with year ending November 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.

To view previous months Market Analysis of Berkley Michigan, click here



Berkley Michigan 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 o

0 commentsCathy Tishhouse Royal Oak Real Estate • January 17 2011 02:03PM

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