Market Analysis & Statistics For Homes Sold in Birmingham MI October 2010
October 2010 median sale prices decreased 09% from September 2010 & a 19% increase # of homes sold. Private owned homes median price decreased 05% in October 2010 from September 2010. Bank owned homes median price decreased 63% in October 2010 from September 2010. October 2010 median sale price decreased 08% from October 2009. Yr ending October 2010 median sale price compared to yr ending October 2009 stayed the same. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds October 2010
| 259 listings: | 27 Sold listings: | ||
| Average List Price | $645,510 | Average Sold Price | $320,570 |
| Median List Price | $439,900 | Median Sold Price | $260,000 |
| Highest List Price | $6,900,000 | Highest Sold Price | $975,000 |
| Lowest List Price | $64,900 | Lowest Sold Price | $61,500 |
| Avg. DOM | 202 | Avg. DOM | 152 |
| Private Owned | 244 listings | Private Owned | 22 Sold |
| Median List Price | $482,000 | Median Sold Price | $278,250 |
| Bank Owned | 15 listings | Bank Owned | 5 Sold |
| Median List Price | $114,900 | Median Sold Price | $93,000 |
Active & Solds September 2010
| 273 listings: | 22 Sold listings: | ||
| Median List Price | $485.000 | Median Sold Price | $287,000 |
| Private Owned | 259 listings | Private Owned | 18 Sold |
| Median List Price | $499,000 | Median Sold Price | $292,000 |
| Bank Owned | 14 listings | Bank Owned | 4 Sold |
| Median List Price | $116,400 | Median Sold Price | $248,000 |
Active & Solds October 2009
| 260 listings: | 28 Sold listings: | ||
| Median List Price | $432,450 | Median Sold Price | $284,000 |
November 1, 2009 – October 31, 2010
| 635 listings: | 403 Sold listings: | ||
| Median List Price | $324,900 | Median Sold Price | $260,000 |
November 1, 2008– October 31, 2009
| 548 listings: | 316 Sold listings: | ||
| Median List Price | $349,900 | Median Sold Price | $260,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in October 2010 with September 2010 & October 09; year ending October 09 with yr ending October 2010. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
| Nov | Dec | Jan | Feb | Mar | Apr | May | June | July | Aug | Sept | Oct | ||
| Compared to previous month | -07 | 00 | +18 | -38 | +18 | -03 | -23 | +21 | +25 | +05 | -15 | -09 | |
| Compared to same month previous year | +15 | +11 | +41 | -30 | -07 | -08 | -23 | +03 | +08 | -04 | +17 | -08 | |
| Compared to Yr. Ending same month previous Yr. | -16 | -13 | -11 | -13 | -07 | -09 | -04 | -01 | -01 | +01 | +05 | 00 | |
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