Ferndale Monthly Market Analysis Homes Sold Oct. 2009
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October. 09 median sale prices increased 18% from Sept. 09 & a 24% increase in # of homes sold. Private owned median price stayed the same Oct. 09 from Sept. 09. Bank owned homes median price increased 29% in Oct. 09 from Sept. 09. |
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October 09 median sale price increased 8% from October 08 |
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Yr ending Oct. 09 median sale price compared to yr ending Oct. 08 decreased 48%; |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold October 2009
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283 listings: |
|
49 Sold listings: |
|
|
Median List Price |
$79,900 |
Median Sold Price |
$55,100 |
|
Avg. Days On Market |
151 |
Avg. Days On Market |
86 |
|
Private Owned |
244 listings |
Private Owned |
24 Sold |
|
Median List Price |
$89,700 |
Median Sold Price |
$92,000 |
|
Bank Owned |
39 listings |
Bank Owned |
25 Sold |
|
Median List Price |
$36,900 |
Median Sold Price |
$34,000 |
Active & Sold September 2009
|
289 listings: |
|
37 Sold listings: |
|
|
Median List Price |
$87,000 |
Median Sold Price |
$44,900 |
|
Private Owned |
253 listings |
Private Owned |
21 Sold |
|
Median List Price |
$94,900 |
Median Sold Price |
$92,000 |
|
Bank Owned |
36 listings |
Bank Owned |
16 Sold |
|
Median List Price |
$29,950 |
Median Sold Price |
$24,250 |
Active & Sold October 2008
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274 listings: |
|
40 Sold listings: |
|
|
Median List Price |
$79,950 |
Median Sold Price |
$50,744 |
November 1, 2007 – October 31, 2008
|
602 listings: |
|
368 Sold listings: |
|
|
Median List Price |
$79,993 |
Median Sold Price |
$73,800 |
November 1, 2008 – October 31, 2009
|
689 listings: |
|
455 Sold listings: |
|
|
Median List Price |
$59,900 |
Median Sold Price |
$40,000 |
Ferndale Michigan Market Analysis for October 2009 Compares only median sold price of residential homes sold in Oct. 09 with Sept. 09 & Oct. 08; year ending Oct. 08 with yr ending Oct. 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.
Market Analysis for Ferndale September 2009
Market Analysis for Ferndale August 2009
Market Analysis for Ferndale July 2009
Market Analysis for Ferndale June 2009
Market Analysis for Ferndale March 2009
Market Analysis for Ferndale February 2009
Oakland County Market Analysis for July 2009
Oakland County Market Analysis for June 2009
Oakland County Market Analysis for May 2009
Ferndale 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.
Market Analysis for Homes Sold in Berkley MI October 2009
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Oct. 09 median sale prices increased 15% from Sept. 09 & # of homes sold increased 8%. Private owned median prices increased 10% in Oct 09 from September 09 & # of homes sold stayed the same. Bank owned homes median price decreased 31% in Oct. 09 from September 09. |
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Oct. 09 median sale price decreased 30% from Oct 08 & 21% increase in # homes sold. |
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Yr ending Oct 2009 median sale price compared to yr ending Oct. 08 decreased 30% |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold October 2009
|
165 listings: |
|
24 Sold listings: |
|
|
Median List Price |
$130,000 |
Median Sold Price |
$97,000 |
|
Avg. Days On Market |
149 |
Avg. Days On Market |
119 |
|
Private Owned |
144 listings |
Private Owned |
15 Sold |
|
Median List Price |
$135,000 |
Median Sold Price |
$116,500 |
|
Bank Owned |
21 listings |
Bank Owned |
9 Sold |
|
Median List Price |
$69,900 |
Median Sold Price |
$33,500 |
Active & Sold September 2009
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174 listings: |
|
22 Sold listings: |
|
|
Median List Price |
$126,000 |
Median Sold Price |
$82,000 |
|
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 October 2008
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160 listings: |
|
19 Sold listings: |
|
|
Median List Price |
$135,000 |
Median Sold Price |
$138,800 |
November 1, 2007 –October 31, 2008
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376 listings: |
|
235 Sold listings: |
|
|
Median List Price |
$139.900 |
Median Sold Price |
$138,800 |
November 1, 2008 – October 31, 2009
|
384 listings: |
|
243 Sold listings: |
|
|
Median List Price |
$119,900 |
Median Sold Price |
$98,000 |
Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in October 2009 with September 2009 & October 08; year ending October 08 with year ending October 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.
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
Market Analysis for Berkley September 2009
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.
Market Analysis For Birmingham MI October 2009
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October 09 median sale prices increased 5% from September 09 & a 26% decrease # of homes sold. Private owned homes median price decreased 10% in Oct. 09 from Sept. 09. Bank owned homes median price decreased 21% in Oct. 09 from September 09. |
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October 09 median sale price increased 16% from October 08. |
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Yr ending Oct. 2009 median sale price compared to yr ending Oct. 08 decreased 19% |
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Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Solds October 2009
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340 listings: |
|
28 Sold listings: |
|
|
Median List Price |
$419,500 |
Median Sold Price |
$284,000 |
|
Avg. DOM |
195 |
Avg. DOM |
149 |
|
Private Owned |
319 listings |
Private Owned |
24 Sold |
|
Median List Price |
$450,000 |
Median Sold Price |
$295,000 |
|
Bank Owned |
21 listings |
Bank Owned |
4 Sold |
|
Median List Price |
$279,900 |
Median Sold Price |
$112,750 |
Active & Solds September 2009
|
384 listings: |
|
38 Sold listings: |
|
|
Median List Price |
$399,900 |
Median Sold Price |
$268,762 |
|
Private Owned |
358 listings |
Private Owned |
27 Sold |
|
Median List Price |
$439,450 |
Median Sold Price |
$326,250 |
|
Bank Owned |
26 listings |
Bank Owned |
11 Sold |
|
Median List Price |
$159,900 |
Median Sold Price |
$142,900 |
Active & Solds October 2008
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333 listings: |
|
21 Sold listings: |
|
|
Median List Price |
$444,900 |
Median Sold Price |
$238,500 |
November 1, 2008 – October 31, 2009
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627 listings: |
|
315 Sold listings: |
|
|
Median List Price |
$350,000 |
Median Sold Price |
$260,000 |
November 1, 2007– October 31, 2008
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556 listings: |
|
244 Sold listings: |
|
|
Median List Price |
$389,950 |
Median Sold Price |
$320,000 |
Birmingham Market Analysis compares only median sold price of residential homes sold in October 09 with September 09 & October 08; year ending October 08 with yr ending October 09. 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 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
Market Analysis for Birmingham September 2009
Market Analysis for Birmingham August 2009
Market Analysis for Birmingham July 2009
Market Analysis for Birmingham June 2009
Market Analysis for Birmingham May 2009
Market Analysis for Birmingham April 2009
Market Analysis for Birmingham March 2009
Market Analysis for Birmingham February 2009
Birmingham Michigan January 2009 Market Analysis
Oakland County Market Analysis for July 2009
Oakland County Market Analysis for June 2009
Oakland County Market Analysis for May 2009
Birmingham 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.
Market Analysis for Royal Oak Michigan October 2009
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Oct. 09 median sale prices increased 7% from Sept. 09 & # of homes sold increased 8%. Private owned median price increased 5% in Oct.. 09 from Sept. 09. Bank owned homes median price increased 5.5% in October 09 from September 09. |
|
Oct. 09 median sale price decreased 14% from Oct. 08 & # homes sold increased 19% |
|
Yr ending Oct. 09 median sale price compared to yr ending Oct. 08 decreased 24%; |
|
Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable. |
Active & Sold October 2009
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547 listings: |
|
85 Sold listings: |
|
|
Median List Price |
$142,900 |
Median Sold Price |
$120,000 |
|
Avg. Days On Market |
143 |
Avg. Days On Market |
131 |
|
Private Owned |
492 listings |
Private Owned |
62 Sold |
|
Median List Price |
$149,900 |
Median Sold Price |
$135,000 |
|
Bank Owned |
55 listings |
Bank Owned |
23 Sold |
|
Median List Price |
$70,000 |
Median Sold Price |
$64,000 |
Active & Sold September 2009
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553 listings: |
|
78 Sold listings: |
|
|
Median List Price |
$149,900 |
Median Sold Price |
$111,250 |
|
Private Owned |
509 listings |
Private Owned |
54 Sold |
|
Median List Price |
$153,900 |
Median Sold Price |
$128,750 |
|
Bank Owned |
45 listings |
Bank Owned |
24 Sold |
|
Median List Price |
$68,900 |
Median Sold Price |
$60,437 |
Active & Sold October 2008
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531 listings: |
|
69 Sold listings: |
|
|
Median List Price |
$147,000 |
Median Sold Price |
$139,000 |
November 1, 2007 – October 31, 2008
|
1138 listings: |
|
676 Sold listings: |
|
|
Median List Price |
$154,900 |
Median Sold Price |
$151,000 |
November 1, 2008 – October 31, 2009
|
1200 listings: |
|
738 Sold listings: |
|
|
Median List Price |
$129,900 |
Median Sold Price |
$114,700 |
Monthly market analysis October 2009 for Royal Oak Michigan compares only median sold price of residential homes sold in October 09 with September 09 & October 08; year ending October 08 with yr ending October 09. It shows all homes sold then private owned vs. Bank Owned/HUD to determine the # of homes sold for the month and increase/decrease in median sold price. To exclude leases in data, minimum sale price used was $5,000.
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
Market Analysis for Royal Oak September 2009
Market Analysis for Royal Oak August 2009
Market Analysis for Royal Oak July 2009
Market Analysis for Royal Oak June 2009
Market Analysis for Royal Oak May 2009
Market Analysis for Royal Oak April 2009
Market Analysis for Royal Oak March 2009
Market Analysis for Royal Oak February 2009
Oakland County Market Analysis for July 2009
Oakland County Market Analysis for June 2009
Oakland County Market Analysis for May 2009
Royal Oak 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.
All week updates and blog posts have been appeariing about the pending legislation to extend and expand the Home Buyer Credit until April 30, 2010. While we knew it had passed the House and the Senate, the final peice was knowing the bill was signed by President Obama. One would think this is an easy thing to find out. With NAR sending announcements (along with many other sources), I still wanted verification before I posted the features and comparisons of the new bill (below). I tweeted a question to @BarackObama as the current tweets were all about the Health Care Bill being passed by the House. Today, I finally received several e-mails saying it was signed but still without an official date.
According to the White House website, the bill was signed November 6, 2009. Below are the details and comparisons to the First Time Home Buyer credit (taken from NAR) that was to expire November 30, 2009. The great thing about the new bill is that it now includes buyers who currently own a home and are looking to buy another. Why is the date the bill was signed so important? After reading the fequently asked questions, the bill doesn't begin where the old one left off and start December 1, 2009 - it begins the day the bill was signed. If a current home owner is closing on November 7, they are eligible for the $6,500 credit (if they meet the criteria). Also, with the increased income limits, anyone who did not qualify will immediately be eligible if income is now within $125,000 (single) and $225,000 (joint). To view the 'Frequently Asked Questions on the NAR site, there is a PDF of the chart below and the FAQ under the "NAR Tax Credit Resources" on the purple tab, lower right.
One additional provision I found on the White House news release for the extended Home Buyer Credit is: "The new law extends a similar credit until May, 2011 for members of the uniformed services whose duty takes them overseas."

Looking to take advantage of the extended & expanded Home Buyer Credit and search for homes, click here.
RE/MAX Realtor selling Oakland County Real Estate & Wayne County Real Estate. TishHouse sells Houses - selling Real Estate in Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan. See what my clients have to say about my extraordinary customer service. Follow me on Twitter.
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