Market Analysis Homes Sold in Beverly Hills MI July 2010

Market Analysis Homes Sold in Beverly Hills MI July 2010

July 2010 median sale prices stayed relatively the same from June 2010 & # of homes sold were the same. Private owned median prices decreased 07% in July 2010 from June 2010 & # of homes increased 07%. Bank owned homes median price increased 30% in July 2010 from June 2010 and  # of homes sold increased 25% in July 2010 from June 2010. July 2010 median sale price decreased 20% from July 2009 and # homes sold stayed the same in July 2010. Year ending July 2010 median sale price compared to yr ending July 2009 decreased 03%.

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

Active & Sold July 2010

96 listings: 17 Sold listings:
Average List Price $247,814 Average Sold Price $188,776
Median List Price $224,800 Median Sold Price $185,000
Highest List Price $1,200,000 Highest Sold Price $359,500
Lowest List Price $60,000 Lowest Sold Price $42,000
Avg. Days On Market 177 Avg. Days On Market 155
Private Owned 86 listings Private Owned 14 Sold
Median List Price $224,800 Median Sold Price $183,500
Bank Owned 10 listings Bank Owned 3 Sold
Median List Price $197,400 Median Sold Price $205,000

Active & Sold June 2010

96 listings: 17 Sold listings:
Median List Price $234,900 Median Sold Price $186,500
Private Owned 88 listings Private Owned 13 Sold
Median List Price $234,900 Median Sold Price $198,000
Bank Owned 8 listings Bank Owned 4 Sold
Median List Price $189,440 Median Sold Price $144,066

Active & Sold July 2009

96  listings: 17 Sold listings:
Median List Price $226,000 Median Sold Price $230,000

August 1, 2008 – July 31, 2009

192 listings: 113 Sold listings:
Median List Price $207,450 Median Sold Price $187,000

August 1, 2009 – July 31, 2010

259 listings: 180 Sold listings:
Median List Price $199,000 Median Sold Price $180,750

Monthly market analysis for Beverly Hills Michigan Real Estate compares residential homes sold in July 2010 with June 2010 & July 09; year ending July 09 with year ending July 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.

Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July
Compared to previous month -18 +16 -16 -23 +28 -11 -34 +33 -23 +44 -23 00
Compared to same month previous year (2008 – 2009) -18 -07 +03 -20 +33 -05 -09 +65 -23 +38 -01 -20
Compared to Yr. Ending same month previous Yr. -24 -24 -19 -21 -08 -09 -09 -09 -10 +02 +03 -03

To view previous statistics for Beverly Hills Michigan click here.

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