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Berkley Michigan Market Analysis Homes Sold September 2009

Berkley Michigan Market Analysis for Homes Sold in September 2009

Sept 09 median sale prices decreased 29% from August 09 & # of homes sold increased 32%. Private owned median prices decreased 16% in Sept 09 from August 09 & # of homes sold increased 20%. Bank owned homes median price decreased 25% in Sept 09 from August 09 & # of homes sold increased 57% in Sept. 09.

Sept 09 median sale price decreased 39% from Sept 08 & 18% increase in # homes sold.

Yr ending Sept 2009 median sale price compared to yr ending Sept 08 decreased 26%

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Sold September 2009

174 listings:

22 Sold listings:

Median List Price

$126,000

Median Sold Price

$82,000

Avg. Days On Market

146

Avg. Days On Market

94

Private Owned

152 listings

Private Owned

15 Sold

Median List Price

$129,900

Median Sold Price

$105,000

Bank Owned

22 listings

Bank Owned

7 Sold

Median List Price

$82,400

Median Sold Price

$48,900

Active & Sold August 2009

169 listings:

15 Sold listings:

Median List Price

$129,900

Median Sold Price

$115,000

Private Owned

152 listings

Private Owned

12 Sold

Median List Price

$134,900

Median Sold Price

$124,660

Bank Owned

17 listings

Bank Owned

3 Sold

Median List Price

$79,900

Median Sold Price

$65,000

Active & Sold September 2008

170 listings:

18 Sold listings:

Median List Price

$129,900

Median Sold Price

$134,950

October 1, 2007 – September 30, 2008

388 listings:

236 Sold listings:

Median List Price

$139.900

Median Sold Price

$139,950

October 1, 2008 – September 30, 2009

387 listings:

235 Sold listings:

Median List Price

$119,900

Median Sold Price

$104,000

Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in September 2009 with August 2009 & September 08; year ending September 08 with year ending September 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.

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Market Analysis for Berkley August 2009

Market Analysis for Berkley July 2009

Market Analysis for Berkley June 2009

Market Analysis for Berkley May 2009

Market Analysis for Berkley April 2009

Market Analysis for Berkley March 2009

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 2009

Berkley Michigan Realtor selling Oakland County Real Estate. TishHouse sells Houses - selling Real Estate in 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 on Twitter.

Posted Saturday Oct 10