Beverly Hills Market Analysis & Statistics Homes Sold April 2010

Market Analysis Homes Sold in Beverly Hills MI April 2010

April 2010 median sale prices decreased 23% from March 2010 & # of homes sold increased 26%. Private owned median prices decreased 21% in April 2010 from March ‘10 & # of homes increased 47%. Bank owned homes median price decreased 49% in April 2010 from March 2010 and  # of homes sold decreased 25% in April 2010 from March 2010. April 2010 median sale price decreased 23% from April 2009 with a 43% increase in # homes sold in April ’10. Year ending Apr. 2010 median sale price compared to yr ending Apr. 2009 decreased 10%.

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

Active & Sold April 2010

109 listings: 23 Sold listings:
Average List Price $237,588 Average Sold Price $170,472
Median List Price $219,900 Median Sold Price $135,000
Highest List Price $1,200,000 Highest Sold Price $565,000
Lowest List Price $39,900 Lowest Sold Price $25,500
Avg. Days On Market 166 Avg. Days On Market 175
Private Owned 92 listings Private Owned 17 Sold
Median List Price $234,950 Median Sold Price $155,000
Bank Owned 17 listings Bank Owned 6 Sold
Median List Price $140,000 Median Sold Price $81,325

Active & Sold March 2010

109 listings: 17 Sold listings:
Median List Price $215,000 Median Sold Price $175,000
Private Owned 92 listings Private Owned 9 Sold
Median List Price $225,000 Median Sold Price $196,000
Bank Owned 17 listings Bank Owned 8 Sold
Median List Price $160,800 Median Sold Price $160,000

Active & Sold April 2009

98  listings: 13 Sold listings:
Median List Price $234,950 Median Sold Price $175,000

May 1, 2008 – April 30, 2009

191 listings: 106 Sold listings:
Median List Price $225,000 Median Sold Price $196,750

May1, 2009 – April 30, 2010

254 listings: 169 Sold listings:
Median List Price $214,950 Median Sold Price $177,300

2009 – 2010 Summary of Increase and Decrease of Market in Beverly Hills, Michigan

Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar
Compared to previous month +65 -14 +20 +18 -18 +16 -16 -23 +28 -11 -34 -26
Compared to same month previous year (2008 – 2009) -17 -34 -22 -16 -18 -07 +03 -20 +33 -05 -09 -23
Compared to Yr. Ending same month previous Yr. -24 -28 -30 -27 -24 -24 -19 -21 -08 -09 -09 -10

Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in April 2010 with March 2010 & April 09; year ending April 09 with year ending April 2010.  It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.  It also shows a year in review of the market decrease and increase for 2009 through 2010.

To view previous statistics for Beverly Hills Michigan click here.

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