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Rochester & Rochester Hills Market Analysis for September 2009

Rochester Hills Michigan Market Analysis Homes Sold September 2009

September 09 median sale prices decreased 15% from August 09 & a 10% increase # of homes sold. Bank owned homes median price decreased 22% in Sept. 09 from August 09

Private owned homes median price decreased 4% in September 09 from August 09 & # sold decreased 8% in September 09

September 09 median sale price decreased 22% from September 08

Yr ending Sept 09 median sale price compared to yr ending Sept 08 decreased 16%

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

Active & Solds September 2009

617 listings:

71 Sold listings:

Median List Price

$235,000

Median Sold Price

$175,000

Avg. DOM

218

Avg. DOM

128

Private Owned

569 listings

Private Owned

46 Sold

Median List Price

$249,900

Median Sold Price

$213,000

Bank Owned

48 listings

Bank Owned

25 Sold

Median List Price

$124,000

Median Sold Price

$100,000

Active & Solds August 2009

625 listings:

64 Sold listings:

Median List Price

$249,000

Median Sold Price

$205,000

Private Owned

585 listings

Private Owned

50 Sold

Median List Price

$249,900

Median Sold Price

$223,000

Bank Owned

40 listings

Bank Owned

14 Sold

Median List Price

$136,450

Median Sold Price

$127,500

Active & Solds September 2008

604 listings:

58 Sold listings:

Median List Price

$242,000

Median Sold Price

$223,000

October 1, 2007 – September 30, 2008

1145 listings:

599 Sold listings:

Median List Price

$244,900

Median Sold Price

$232,000

October 1, 2008 – September 30, 2009

1194 listings:

648 Sold listings:

Median List Price

$224,900

Median Sold Price

$195,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in September 09 with August 09 & September 08; year ending Sept. 08 with yr ending Sept. 09. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $10,000.

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Rochester Hills Market Analysis August 2009

Rochester Hills Market Analysis July 2009

Rochester Hills Market Analysis June 2009

Rochester Hills Market Analysis May 2009

Rochester Hills Market Analysis April 2009

Rochester Hills Market Analysis March 2009

Rochester Hills Market Analysis February 2009

Rochester Hills Market Analysis for January 2009

Oakland County Market Analysis for July 2009

Oakland County Market Analysis for June 2009

Oakland County Market Analysis for May 2009

Rochester Hills 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