How Your Ferndale Home Compares with Homes Sold November 2010

Ferndale Monthly Market Analysis Homes Sold November 2010

November 2010 median sale prices decreased 32% from October 2010 & a 10% decrease in # of homes sold. Private owned median decreased 06% in November 2010 from October 2010.  Bank owned homes median price increased 04% in November 2010 from October 2010. November 2010 median sale price decreased 45% from November 2009. Yr ending November 2010 median sale price compared to yr ending November 2009 increased 11%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable

Active & Sold November 2010

265 listings: 37 Sold listings:
Average List Price $66,745 Average Sold Price $55,880
Median List Price $55,000 Median Sold Price $31,000
Highest List Price $225,000 Highest Sold Price $205,000
Lowest List Price $ 8,900 Lowest Sold Price $12,250
Avg. Days On Market 146 Avg. Days On Market 84
Private Owned 212 listings Private Owned 19 Sold
Median List Price $65,000 Median Sold Price $75,000
Bank Owned 53 listings Bank Owned 18 Sold
Median List Price $27,900 Median Sold Price $24,700

Active & Sold October 2010

295  listings: 41 Sold listings:
Median List Price $63,000 Median Sold Price $45,500
Private Owned 247 listings Private Owned 27 Sold
Median List Price $70,000 Median Sold Price $80,000
Bank Owned 48 listings Bank Owned 14 Sold
Median List Price $34,400 Median Sold Price $23,800

Active & Sold November 2009

269  listings: 41 Sold listings:
Median List Price $59,900 Median Sold Price $56,000

December 1, 2008 – November 30, 2009

698 listings: 470 Sold listings:
Median List Price $49,900 Median Sold Price $41,950

December 1, 2009 – November 30, 2010

652 listings: 424 Sold listings:
Median List Price $54,900 Median Sold Price $46,900

Ferndale Michigan Market Analysis for November 2010 Compares only median sold price of residential homes sold in November 2010 with October 2010 & November 2009; year ending November 2009 with yr ending November 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.

To see more statistics from previous months for Ferndale Homes Sold, click here.

Ferndale Michigan Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate 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 onTwitter.

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