Market Analysis Homes Sold in Beverly Hills MI October 2010

Market Analysis Homes Sold in Beverly Hills MI October 2010

October 2010 median sale prices decreased 19% from September 2010 & # of homes sold stayed the same. Private owned median prices decreased 18% in October 2010 from September 2010 & # of homes decreased 14%. Bank owned homes median price increased 15% in October 2010 from September 2010 and  # of homes sold increased 67% in October 2010 from September 2010.  October 2010 median sale price decreased 10% from October 2009 with a 17% decrease in # homes sold in October 2010. Year ending October 2010 median sale price compared to yr ending October 2009 decreased 03%.

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

Active & Sold October 2010

81 listings: 15 Sold listings:
Average List Price $248,524 Average Sold Price $190,490
Median List Price $224,700 Median Sold Price $180,250
Highest List Price $1,200,000 Highest Sold Price $360,000
Lowest List Price $45,950 Lowest Sold Price $44,500
Avg. Days On Market 167 Avg. Days On Market 53
Private Owned 73 listings Private Owned 12 Sold
Median List Price $225,000 Median Sold Price $185,625
Bank Owned 8 listings Bank Owned 3 Sold
Median List Price $159,850 Median Sold Price $165,000

Active & Sold September 2010

94 listings: 15 Sold listings:
Median List Price $226,000 Median Sold Price $222,000
Private Owned 86 listings Private Owned 14 Sold
Median List Price $233,000 Median Sold Price $225,500
Bank Owned 8 listings Bank Owned 1 Sold
Median List Price $166,200 Median Sold Price $140,000

Active & Sold October 2009

84  listings: 18 Sold listings:
Median List Price $224,950 Median Sold Price $199,750

November 1, 2008 – October 31, 2009

187 listings: 121 Sold listings:
Median List Price $215,000 Median Sold Price $188,000

November 1, 2009 – October 31, 2010

232 listings: 166 Sold listings:
Median List Price $199,900 Median Sold Price $181,750

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

Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct
Compared to previous month -23 +28 -11 -34 +33 -23 +44 -23 00 +16 +01 -19
Compared to same month previous year (2008 – 2009) -20 +33 -05 -09 +65 -23 +38 -01 -20 +14 00 -10
Compared to Yr. Ending same month previous Yr. -21 -08 -09 -09 -09 -10 +02 +03 -03 -02 +01 -03

To view previous statistics for Beverly Hills Michigan click here.

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