Market Analysis Homes Sold in Beverly Hills MI June 2010

Market Analysis Homes Sold in Beverly Hills MI June 2010

June 2010 median sale prices decreased 23% from May 2010 & # of homes sold increased 12%. Private owned median prices decreased 08% in June 2010 from May ‘10 & # of homes increased 08%. Bank owned homes median price decreased 53% in June 2010 from May 2010 and  # of homes sold increased 25% in June 2010 from May 2010. June 2010 median sale price decreased 01% from June 2009 with a 43% increase in # homes sold in June ’10. Year ending June 2010 median sale price compared to yr ending June 2009 increased 03%.

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

Active & Sold June 2010

96 listings: 17 Sold listings:
Average List Price $254,190 Average Sold Price $196,802
Median List Price $234,900 Median Sold Price $186,500
Highest List Price $1,200,000 Highest Sold Price 345,000
Lowest List Price $56,900 Lowest Sold Price $53,000
Avg. Days On Market 163 Avg. Days On Market 107
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 May 2010

91 listings: 15 Sold listings:
Median List Price $249,900 Median Sold Price $242,500
Private Owned 83 listings Private Owned 12 Sold
Median List Price $249,900 Median Sold Price $215,750
Bank Owned 8 listings Bank Owned 3 Sold
Median List Price $171,350 Median Sold Price $307,000

Active & Sold June 2009

90  listings: 11 Sold listings:
Median List Price $234,950 Median Sold Price $188,000

July 1, 2008 – June 30, 2009

188 listings: 109 Sold listings:
Median List Price $222,287 Median Sold Price $182,500

June 1, 2009 – June 30, 2010

259 listings: 180 Sold listings:
Median List Price $215,000 Median Sold Price $187,250

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

July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June
Compared to previous month +18 -18 +16 -16 -23 +28 -11 -34 +33 -23 +44 -23
Compared to same month previous year (2008 – 2009) -16 -18 -07 +03 -20 +33 -05 -09 +65 -23 +38 -01
Compared to Yr. Ending same month previous Yr. -27 -24 -24 -19 -21 -08 -09 -09 -09 -10 +02 +03

To view previous statistics for Beverly Hills Michigan click here.

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