Market Analysis for Homes Sold in Berkley MI April 2011
Market Analysis for Homes Sold in Berkley MI April 2011
April 2011 median sale prices increased 05% from March 2011 & # of homes sold decreased 08%. Private owned median prices in decreased 10% in April 2011 from March 2011 & # of homes sold increased 20%. Bank owned homes median price increased 47% in April 2011 from March 2011. April 2011 median sale price decreased 03% from April 2010 & and # homes sold decreased 30% in April 2011. Year ending April 2011 median sale price compared to yr ending April 2010 decreased 08% in April 2011. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold April 2011
|
144 listings: |
22 Sold listings: |
||
| Average List Price | $135,974 | Average Sold Price | $ 97,214 |
| Median List Price | $129,000 | Median Sold Price | $ 85,450 |
| Highest List Price | $319,000 | Highest Sold Price | $200,000 |
| Lowest List Price | $29,900 | Lowest Sold Price | $ 36,000 |
| Avg. Days On Market | 140 | Avg. Days On Market | 96 |
|
Private Owned |
124 listings |
Private Owned |
15 Sold |
| Median List Price | $134,950 | Median Sold Price | $114,500 |
|
Bank Owned |
20 listings |
Bank Owned |
7 Sold |
| Median List Price | $ 63,950 | Median Sold Price | $ 74,450 |
Active & Sold March 2011
|
159 listings: |
24 Sold listings: |
||
| Median List Price | $119,890 | Median Sold Price | $ 81,200 |
|
Private Owned |
135 listings |
Private Owned |
12 Sold |
| Median List Price | $129,900 | Median Sold Price | $126,989 |
|
Bank Owned |
24 listings |
Bank Owned |
12 Sold |
| Median List Price | $ 49,400 | Median Sold Price | $ 39,500 |
Active & Sold April 2010
|
154 listings: |
32 Sold listings: |
|
|
| Median List Price | $134,900 | Median Sold Price | $ 118,450 |
May 1, 2009 – April 30, 2010
|
386 listings: |
264 Sold listings: |
|
|
| Median List Price | $115,000 | Median Sold Price | $ 99,000 |
May 1, 2010 – April 30, 2011
|
375 listings: |
253 Sold listings: |
|
|
| Median List Price | $109,900 | Median Sold Price | $ 91,000 |
Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in April 2011 with March 2011 & April 2010; year ending April 2010 with year ending April 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $5,000.
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