“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Cathy Tishhouse Royal Oak Real Estate

Ferndale Michigan Market Analysis for Homes Sold in October 2009

Ferndale Monthly Market Analysis Homes Sold Oct. 2009

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.

October 09 median sale price increased 8% from October 08

Yr ending Oct. 09 median sale price compared to yr ending Oct. 08 decreased 48%;

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

Active & Sold October 2009

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

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 Michigan October 2009

Market Analysis for Homes Sold in Berkley MI October 2009

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.

Oct. 09 median sale price decreased 30% from Oct 08 & 21% increase in # homes sold.

Yr ending Oct 2009 median sale price compared to yr ending Oct. 08 decreased 30%

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

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

160 listings:

19 Sold listings:

Median List Price

$135,000

Median Sold Price

$138,800

November 1, 2007 –October 31, 2008

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.

Birmingham Michigan Market Analysis Homes Sold October 2009

Market Analysis For Birmingham MI October 2009

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.

October 09 median sale price increased 16% from October 08.

Yr ending Oct. 2009 median sale price compared to yr ending Oct. 08 decreased 19%

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

Active & Solds October 2009

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

333 listings:

21 Sold listings:

Median List Price

$444,900

Median Sold Price

$238,500

November 1, 2008 – October 31, 2009

627 listings:

315 Sold listings:

Median List Price

$350,000

Median Sold Price

$260,000

November 1, 2007– October 31, 2008

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.

Royal Oak Michigan Market Analysis Homes Sold October 2009

Market Analysis for Royal Oak Michigan October 2009

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

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

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

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.

First Time Home Buyer Credit Extended & Expanded to Current Home Owners

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."

Table of benefits of extened Home buyer credit

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.