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Lately I have been showing Rochester and Rochester Hills homes to two different buyers. Rochester is a nice stable community. Located off I-75 or M-59 it is not too far from the City of Detroit.
What I have been noticing is that many colonials have been selling for very reasonable prices. I have looked at so many Rochester Hills homes. If you look at the Rochester Hills homes under $250,000 you will notice that they are selling under a $100,000 a square foot.
Many selling for under $80 a square foot home. Some of these Rochester homes were move in ready. Now that is a deal.
| RS |
| ADDRESS | LIST PRICE | SALE PRICE | DOM | SQUARE FOOTAGE | SP PER SQFT |
| 3525 W AUBURN RD | 36000 | 32000 | 20 | 1916 | 16.7014 |
| 737 DRESSLER LN | 90000 | 90000 | 5 | 1336 | 67.3652 |
| 734 KENTUCKY DR | 90000 | 100000 | 105 | 1612 | 62.0347 |
| 903 HIGH ST | 108900 | 108900 | 1 | 903 | 120.598 |
| 940 HOMESTEAD CT | 119900 | 110000 | 50 | 2698 | 40.7709 |
| 1642 DANCER DR | 124900 | 122000 | 94 | 1454 | 83.9064 |
| 325 ESSEX DR | 174900 | 131250 | 190 | 2442 | 53.7469 |
| 735 LEINSTER RD | 164900 | 138000 | 162 | 2013 | 68.5543 |
| 816 HAMPTON CIR | 145300 | 138000 | 36 | 2004 | 68.8622 |
| 655 FIELDSTONE DR | 169000 | 145000 | 79 | 2334 | 62.1251 |
| 1291 GETTYSBURG CT | 170000 | 149000 | 32 | 2316 | 64.335 |
| 803 LION ST | 150000 | 150000 | 361 | 2000 | 75 |
| 1280 BARNESWOOD LN | 151900 | 151900 | 114 | 2616 | 58.0657 |
| 205 EASTLAWN DR | 179900 | 155000 | 64 | 2038 | 76.0549 |
| 2112 CHALET DR | 175000 | 160000 | 89 | 2344 | 68.2593 |
| 1836 JASON CIR | 159900 | 162000 | 162 | 3100 | 52.258 |
| 1666 MORNINGSIDE LN | 159900 | 162000 | 9 | 1676 | 96.6587 |
| 1632 DENNETT LN | 170000 | 165000 | 56 | 1686 | 97.8647 |
| 2875 CULBERTSON AVE | 174900 | 165000 | 36 | 2140 | 77.1028 |
| 3842 MILDRED AVE | 169900 | 166000 | 13 | 1844 | 90.0216 |
| 2180 AVONCREST DR | 159900 | 167500 | 8 | 2478 | 67.5948 |
| 1014 POINTE PLACE BLVD | 164900 | 168000 | 4 | 2754 | 61.0021 |
| 618 SHELLBOURNE DR | 169900 | 169900 | 158 | 2531 | 67.1276 |
| 548 TEN POINT DR | 169900 | 170000 | 89 | 2653 | 64.0784 |
| 1049 CLOPTON BRIDGE DR | 179900 | 170000 | 16 | 2160 | 78.7037 |
| 791 SHELLEY DR | 189500 | 175000 | 104 | 2562 | 68.306 |
| 2530 WORTHAM DR | 174900 | 176000 | 56 | 2289 | 76.8894 |
| 6130 SHELDON RD | 214000 | 178500 | 159 | 4630 | 38.5529 |
| 535 THORNRIDGE DR | 189900 | 180000 | 166 | 2076 | 86.7052 |
| 2465 HILLENDALE DR | 187500 | 180000 | 87 | 2165 | 83.1408 |
| 25 WALTONSHIRE CT | 179900 | 180000 | 4 | 2498 | 72.0576 |
| 2089 ALSDORF AVE | 185000 | 181000 | 48 | 1846 | 98.0498 |
| 2362 LASSITER DR | 176000 | 182100 | 168 | 3058 | 59.5487 |
| 1680 DEVONWOOD DR | 194900 | 185000 | 2 | 2504 | 73.8817 |
| 712 WHITNEY DR | 189900 | 186000 | 173 | 2076 | 89.5953 |
| 1243 BARNESWOOD LN | 205000 | 190000 | 162 | 1960 | 96.9387 |
| 578 WYNGATE DR | 197500 | 194500 | 4 | 2125 | 91.5294 |
| 1110 E FAIRVIEW LN | 219000 | 195000 | 499 | 2500 | 78 |
| 284 SHAGBARK DR | 214900 | 197500 | 110 | 2170 | 91.0138 |
| 2146 WAYWARD DR | 198000 | 198000 | 5 | 2406 | 82.2942 |
| 820 FIELDSTONE DR | 204900 | 200000 | 110 | 2415 | 82.8157 |
| 529 PLUM RIDGE DR | 215000 | 208000 | 11 | 2577 | 80.714 |
| 1285 SANDY RIDGE DR | 225000 | 215000 | 36 | 2360 | 91.1016 |
| 810 AUGUSTA CT | 209000 | 221000 | 35 | 3010 | 73.4219 |
| 1060 HICKORY HILL DR | 225000 | 223000 | 15 | 2382 | 93.6188 |
| 430 OAK ST | 249999 | 225000 | 156 | 1596 | 140.9774 |
| 3332 FULHAM DR | 254900 | 225000 | 394 | 2035 | 110.5651 |
| 313 LAKE FOREST RD | 249900 | 230000 | 171 | 2687 | 85.5973 |
| 187 CHALMERS DR | 219900 | 230000 | 97 | 3000 | 76.6666 |
| 3112 BAYPOINT DR | 239000 | 230000 | 110 | 2371 | 97.0054 |
| 1297 HICKORY HILL DR | 250000 | 233500 | 127 | 2360 | 98.9406 |
| 1725 KILBURN RD | 259900 | 235000 | 1 | 2908 | 80.8115 |
| 600 LEHIGH RD | 228000 | 237000 | 12 | 2428 | 97.6112 |
| 3267 FANTAIL DR | 229000 | 245000 | 230 | 2949 | 83.079 |
| 2062 WENTWORTH DR | 274900 | 265000 | 50 | 2977 | 89.0157 |
| 2196 CHIPPENHAM CHASE | 275000 | 265000 | 30 | 2851 | 92.9498 |
| 1285 CHAFFER DR | 299000 | 271000 | 61 | 2873 | 94.3264 |
| 3334 EVERETT DR | 291900 | 274000 | 25 | 2500 | 109.6 |
| 3801 EVERETT DR | 319900 | 280000 | 28 | 3362 | 83.2837 |
| 379 MYSTIC VLY | 299900 | 284000 | 35 | 2667 | 106.4866 |
| 1922 BLUE GRASS DR | 325000 | 310000 | 38 | 2978 | 104.0967 |
| 755 LOGGERS CIR | 325000 | 310000 | 41 | 3013 | 102.8874 |
| 3035 KENWOOD DR | 319000 | 312500 | 79 | 3774 | 82.8033 |
| 1106 KRISTA LN | 349900 | 325000 | 52 | 3014 | 107.8301 |
| 3493 BLUE HERON LN | 349900 | 328000 | 8 | 3750 | 87.4666 |
| 1734 SKYLINE DR | 369000 | 335000 | 108 | 3569 | 93.8638 |
| 1361 TULBERRY CIR | 339900 | 335000 | 12 | 3300 | 101.5151 |
| 1935 WATSON CIR | 374999 | 339000 | 96 | 3415 | 99.2679 |
| 1840 SUDBURY CT | 350000 | 355000 | 17 | 4390 | 80.8656 |
| 1161 TERRA LN | 379900 | 367000 | 21 | 2900 | 126.5517 |
| 748 WINDSONG DR | 390000 | 370000 | 126 | 3000 | 123.3333 |
| 1902 WESTRIDGE DR | 375000 | 380000 | 235 | 4072 | 93.3202 |
| 1447 KENTFIELD DR | 419900 | 390000 | 68 | 3195 | 122.0657 |
| 544 SPRINGVIEW DR | 399900 | 400000 | 6 | 3789 | 105.5687 |
| 3865 CHERRYWOOD LN | 475000 | 430000 | 66 | 4243 | 101.3433 |
| 1388 PEBBLE RIDGE DR | 469000 | 450000 | 381 | 4100 | 109.756 |
| 333 FERNDALE AVE | 599000 | 515000 | 128 | 3240 | 158.9506 |
| 315 FERNDALE AVE | 599900 | 520000 | 260 | 3214 | 161.7921 |
| 795 MAJESTIC | 568000 | 525000 | 50 | 4070 | 128.9926 |
| 267 WYNGATE DR | 574900 | 530000 | 37 | 3700 | 143.2432 |
I think there still are some bargains in Rochester Hills if you are looking to buy. Information courtesy of RealComp II Ltd.
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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. If you are looking to Purchase a Home, click here for an IDX Home Search If you are looking to Sell a Home, click here for an outline of our Marketing Strategy 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.
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Rochester & Rochester Hills Michigan Market Analysis Homes Sold August 2009
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August 09 median sale prices increased 13% from July 09 & a 13% decrease # of homes sold. Bank owned homes median price increased 10% in August 09 from July 09 |
|
Private owned homes median price increased 11% in August 09 from July 09 & # sold stayed the same in August 09 |
|
August 09 median sale price decreased 1% from August 08 |
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Yr ending August 09 median sale price compared to yr ending August 08 decreased 14% |
|
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds August 2009
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625 listings: |
|
64 Sold listings: |
|
|
Median List Price |
$249,000 |
Median Sold Price |
$205,000 |
|
Avg. DOM |
213 |
Avg. DOM |
93 |
|
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 July 2009
|
655 listings: |
|
74 Sold listings: |
|
|
Median List Price |
$234,900 |
Median Sold Price |
$177,500 |
|
Private Owned |
597 listings |
Private Owned |
50 Sold |
|
Median List Price |
$248,000 |
Median Sold Price |
$199,500 |
|
Bank Owned |
58 listings |
Bank Owned |
24 Sold |
|
Median List Price |
$129,900 |
Median Sold Price |
$115,000 |
Active & Solds August 2008
|
626 listings: |
|
65 Sold listings: |
|
|
Median List Price |
$249,000 |
Median Sold Price |
$207,000 |
September 1, 2007 – August 31, 2008
|
1160 listings: |
|
599 Sold listings: |
|
|
Median List Price |
$248,950 |
Median Sold Price |
$233,000 |
September 1, 2008 – August 31, 2009
|
1195 listings: |
|
634 Sold listings: |
|
|
Median List Price |
$229,900 |
Median Sold Price |
$199,450 |
Compares Rochester & Rochester Hills homes median sold price of residential homes sold in August 09 with July 09 & August 08; year ending August 08 with yr ending August 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.
IfIf you are looking to Purchase a Home, click here for an IDX Home Search
If you are looking to Sell a Home, click here for an outline of our Marketing Strategy
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.
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This will be my last Short Sale Class, so if you missed the others or you are looking for an update, it will be worth your time to come. I will have two guests with me, Aric Melder (bankruptcy Attorney) and Brent Jones (CPA). We will cover how to negotiate short sales in detail, the legal and tax consequences of these transactions. All three of us are local professionals with real word experience. We can not run from them anymore, so we best learn how to do them right. Thriving with Short Sales
Navigating a short sale in today's market is, at best, a trying experience. REALTOR® and short sale expert Mike Sher CDPE will help you find your way when he brings this popular program to Clinton Township on September 25. Learn more.
Come and check it out.
Mike
| Thriving with Short Sales |
Foreclosure agents presently control a high percentage of the homes-sold market share: short sales are a way for traditional REALTORS® to capture that business. Short sales allow you to have saleable-priced listings that will attract more showings, sign calls, Internet leads and help control inventory. Short sales will keep you busy.
Topics include prospecting for short sales; converting a phone call to an appointment; listing presentations; hardship, documents and how to protect your commission; introduce yourself to the bank; handling offers and working with the bank; keeping the buyer, the buyer's agent, the seller and the bank focused and calm; pitfalls to avoid during the process; and more.
September 25: 9:30 am - 12:30 pm (Clinton Twp.) | FREE
| Location | MCAR - Clinton Twp. |
| Address | 36800 Gratiot Ave |
| Clinton Twp., MI 48035 |
Contact (MCAR) Metropolitan Consolidated Association of REALTORS® to sign up
Phone: (248) 879-5730 Fax: (248) 879-8280
Office: (248) 644-4700x242 Fax :(248) 499-1020 4120 Telegraph Rd, Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com
CDPE (Certified Distress Property Expert)
MCAR, Short Sale Trainer
Max Brook and Real Estate One Short Sale Specialist.
The Mike Realtor Team Blog - Metro Detroit/Oakland County
Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City
But, We Can Help!
This is a competitive real estate market. If you have to sell and can not, perhaps it is time to look at a Short Sale. The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.
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Rochester & Rochester Hills Michigan Market Analysis Homes Sold July 2009
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July 09 median sale prices decreased 1% from June 09 & a 12% increase # of homes sold. Bank owned homes median price increased 13% in July 09 from June 09 |
|
Private owned homes median price remained steady in July 09 from June 09 & # sold increased 18% in July 09 |
|
July 09 median sale price decreased 28% from July 08 |
|
Yr ending July 09 median sale price compared to yr ending July 08 decreased 16% |
|
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds July 2009
|
655 listings: |
|
74 Sold listings: |
|
|
Median List Price |
$234,900 |
Median Sold Price |
$177,500 |
|
Avg. DOM |
210 |
Avg. DOM |
118 |
|
Private Owned |
597 listings |
Private Owned |
50 Sold |
|
Median List Price |
$248,000 |
Median Sold Price |
$199,500 |
|
Bank Owned |
58 listings |
Bank Owned |
24 Sold |
|
Median List Price |
$129,900 |
Median Sold Price |
$115,000 |
Active & Solds June 2009
|
657 listings: |
|
65 Sold listings: |
|
|
Median List Price |
$239,900 |
Median Sold Price |
$180,000 |
|
Private Owned |
599 listings |
Private Owned |
41 Sold |
|
Median List Price |
$248,000 |
Median Sold Price |
$199,900 |
|
Bank Owned |
58 listings |
Bank Owned |
24 Sold |
|
Median List Price |
$138,950 |
Median Sold Price |
$99,750 |
Active & Solds July 2008
|
656 listings: |
|
75 Sold listings: |
|
|
Median List Price |
$248,250 |
Median Sold Price |
$248,000 |
August 1, 2007 – July 31, 2008
|
1193 listings: |
|
612 Sold listings: |
|
|
Median List Price |
$249,900 |
Median Sold Price |
$238,750 |
August 1, 2008 – July 31, 2009
|
1211 listings: |
|
630 Sold listings: |
|
|
Median List Price |
$225,000 |
Median Sold Price |
$200,000 |
Rochester & Rochester Hills Market Analysis for Homes Sold July 2009 compares only median sold price of residential homes sold in July 09 with June 09 & July 08; year ending July 08 with yr ending July 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.
If you are looking to Purchase a Home, click here for an IDX Home Search
If you are looking to Sell a Home, click here for an outline of our Marketing Strategy
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.
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