Market Analysis & Statistics For Birmingham MI November 2010
November 2010 median sale prices decreased 09% from October 2010 & a 04% increase # of homes sold. Private owned homes median price increased 29% in November 2010 from October 2010. Bank owned homes median price increased 38% in November 2010 from October 2010. November 2010 median sale price decreased 12% from November 2009. Yr ending November 2010 median sale price compared to yr ending November 2009 decreased 02%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds November 2010
| 240 listings: | 28 Sold listings: | ||
| Average List Price | $650,086 | Average Sold Price | $366,279 |
| Median List Price | $439,445 | Median Sold Price | $237,250 |
| Highest List Price | $6,900,000 | Highest Sold Price | $1,200,000 |
| Lowest List Price | $61,900 | Lowest Sold Price | $70,000 |
| Avg. DOM | 202 | Avg. DOM | 94 |
| Private Owned | 223 listings | Private Owned | 22 Sold |
| Median List Price | $479,900 | Median Sold Price | $392,500 |
| Bank Owned | 17 listings | Bank Owned | 6 Sold |
| Median List Price | $164,900 | Median Sold Price | $149,950 |
Active & Solds October 2010
| 259 listings: | 27 Sold listings: | ||
| Median List Price | $439,900 | Median Sold Price | $260,000 |
| 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 November 2009
| 252 listings: | 40 Sold listings: | ||
| Median List Price | $424,500 | Median Sold Price | $270,000 |
December 1, 2009 – November 30, 2010
| 604 listings: | 392 Sold listings: | ||
| Median List Price | $323,950 | Median Sold Price | $260,000 |
December 1, 2008– November 30, 2009
| 547 listings: | 335 Sold listings: | ||
| Median List Price | $349,900 | Median Sold Price | $265,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in November 2010 with October 2010 & November 09; year ending November 09 with yr 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 $15,000.
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