Market Analysis & Statistics For Homes Sold in Birmingham MI September 2010
September 2010 median sale prices decreased 15% from August 2010 & a 31% decrease # of homes sold. Private owned homes median price decreased 20% in September 2010 from August 2010. Bank owned homes median price increased 49% in September 2010 from August 2010. September 2010 median sale price increased 17% from September 2009. Yr ending September 2010 median sale price compared to yr ending September 2009 increased 05%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds September 2010
| 273 listings: | 22 Sold listings: | ||
| Average List Price | $685,730 | Average Sold Price | $360,312 |
| Median List Price | $485,000 | Median Sold Price | $287,000 |
| Highest List Price | $5,900,000 | Highest Sold Price | $1,213,000 |
| Lowest List Price | $61,900 | Lowest Sold Price | $75,000 |
| Avg. DOM | 189 | Avg. DOM | 114 |
| Private Owned | 259 listings | Private Owned | 18 Sold |
| Median List Price | $499,000 | Median Sold Price | $292,500 |
| Bank Owned | 14 listings | Bank Owned | 4 Sold |
| Median List Price | $116,400 | Median Sold Price | $248,000 |
Active & Solds August 2010
| 300 listings: | 32 Sold listings: | ||
| Median List Price | $465.000 | Median Sold Price | $337,375 |
| Private Owned | 285 listings | Private Owned | 27 Sold |
| Median List Price | $499,000 | Median Sold Price | $365,050 |
| Bank Owned | 15 listings | Bank Owned | 5 Sold |
| Median List Price | $122,900 | Median Sold Price | $126,500 |
Active & Solds September 2009
| 289 listings: | 38 Sold listings: | ||
| Median List Price | $450,000 | Median Sold Price | $237,923 |
October 1, 2009 – September 30, 2010
| 654 listings: | 403 Sold listings: | ||
| Median List Price | $349,000 | Median Sold Price | $267,100 |
October 1, 2008– September 30, 2009
| 560 listings: | 309 Sold listings: | ||
| Median List Price | $376,950 | Median Sold Price | $254,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in September 2010 with August 2010 & September 09; year ending September 09 with yr 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 $15,000.
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