Market Analysis & Statistics For Birmingham MI August 2011
August 2011 median sale prices increased 08% from July 2011 & # of homes decreased 27% in August 2011 from July 2011. Private owned homes median price increased 14% in August 2011 from July 2011. Bank owned homes median price increased 37% in August 2011 from July 2011. August 2011 median sale price increased 09% from August 2010. Yr ending August 2011 median sale price compared to yr ending August 2010 increased 10%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds August 2011
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236 listings: |
35 Sold listings: |
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| Average List Price | $615,054 | Average Sold Price | $407,546 |
| Median List Price | $450,000 | Median Sold Price | $370,000 |
| Highest List Price | $3,400,000 | Highest Sold Price | $910, 000 |
| Lowest List Price | $14,975 | Lowest Sold Price | $ 90,000 |
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Avg. DOM |
165 |
Avg. DOM |
109 |
|
Private Owned |
228 listings |
Private Owned |
32 Sold |
| Median List Price | $459,000 | Median Sold Price | $394,950 |
|
Bank Owned |
8 listings |
Bank Owned |
3 Sold |
| Median List Price | $206,400 | Median Sold Price | $218,900 |
Active & Solds July 2011
|
249 listings: |
48 Sold listings: |
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| Median List Price | $449,900 | Median Sold Price | $338,583 |
|
Private Owned |
241 listings |
Private Owned |
45 Sold |
| Median List Price | $450,000 | Median Sold Price | $340,000 |
|
Bank Owned |
8 listings |
Bank Owned |
3 Sold |
| Median List Price | $141,200 | Median Sold Price | $138,000 |
Active & Solds August 2010
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233 listings: |
32 Sold listings: |
|
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| Median List Price | $449,900 | Median Sold Price | $337,375 |
September 1, 2010 – August 31, 2011
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600 listings: |
399 Sold listings: |
|
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| Median List Price | $350,000 | Median Sold Price | $290,000 |
September 1, 2009– August 31, 2010
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621 listings: |
420 Sold listings: |
|
|
| Median List Price | $341,000 | Median Sold Price | $260,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in August 2011 with July 2011 & August 2010; year ending August 2010 with yr ending August 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $10,000.
Click here to view Birmingham Michigan previous months market statistics.
Click here to view Bloomfield Hills & West Bloomfield, Michigan for more market statistics.
or visit our new website about Birmingham Michigan Homes to learn more about Birmingham & search for homes.
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 in Short Sales. See what my clients have to say about my extraordinary customer service. Follow me on Twitter.
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Selling homes in Royal Oak and Birmingham, I also branch out to surrounding cities in Southeastern Michigan in both Oakland County & Wayne County. Whether buying or selling--TishHouse sells HOUSES
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