Market Analysis & Statistics For Birmingham MI March 2011
March 2011 median sale prices decreased 09% from February 2011 & a 28% increase # of homes sold. Private owned homes median price increased 03% in March 2011 from February 2011. Bank owned homes median price increased 20% in March 2011 from February 2011. March 2011 median sale price increased 03% from March 2010. Yr ending March 2011 median sale price compared to yr ending March 2010 decreased 06%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds March 2011
|237 listings:||39 Sold listings:|
|Average List Price||$604,549||Average Sold Price||$330,046|
|Median List Price||$459,998||Median Sold Price||$245,000|
|Highest List Price||$3,695,000||Highest Sold Price||$1,150,000|
|Lowest List Price||$57,900||Lowest Sold Price||$ 80,000|
|Avg. DOM||186||Avg. DOM||99|
|Private Owned||219 listings||Private Owned||28 Sold|
|Median List Price||$479,000||Median Sold Price||$343,750|
|Bank Owned||18 listings||Bank Owned||11 Sold|
|Median List Price||$129,790||Median Sold Price||$ 123,000|
Active & Solds February 2011
|231 listings:||28 Sold listings:|
|Median List Price||$425,000||Median Sold Price||$268,500|
|Private Owned||220 listings||Private Owned||24 Sold|
|Median List Price||$444,950||Median Sold Price||$333,000|
|Bank Owned||11 listings||Bank Owned||4 Sold|
|Median List Price||$122,900||Median Sold Price||$ 99,000|
Active & Solds March 2010
|236 listings:||38 Sold listings:|
|Median List Price||$472,105||Median Sold Price||$237,500|
April 1, 2010 – March 31, 2011
|598 listings:||400 Sold listings:|
|Median List Price||$339,900||Median Sold Price||$250,000|
April 1, 2009– March 31, 2010
|581 listings:||383 Sold listings:|
|Median List Price||$349,900||Median Sold Price||$267,100|
Birmingham Market Analysis compares only median sold price of residential homes sold in March 2011 with February 2011 & March 2010; year ending March 2010 with yr ending March 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
If you would like to know what your home is worth, click here for a free Comparative Market Analysis.
Click here to view Birmingham Michigan previous months market statistics.
Click here to view Bloomfield Hills & West Bloomfield, Michigan for more market statistics.
Birmingham 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 inShort Sales. See what my clients have to say about my extraordinary customer service. Follow me on Twitter.