Market Analysis Homes Sold in Beverly Hills MI September 2010

Market Analysis Homes Sold in Beverly Hills MI September 2010

September 2010 median sale prices increased 01% from August 2010 & # of homes sold increased 73%. Private owned median prices decreased 02% in September 2010 from August 2010 & # of homes increased 79%. Bank owned homes median price increased 48% in September 2010 from August 2010 and  # of homes sold remained the same September 2010 from August 2010.  September 2010 median sale price remained relatively the same compared to September 2009 with a 20% increase in # homes sold in September 2010. Year ending September 2010 median sale price compared to yr ending September 2009 increased 01%.

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

Active & Sold September 2010

94 listings: 15 Sold listings:
Average List Price $255,503 Average Sold Price $228,930
Median List Price $226,000 Median Sold Price $222,000
Highest List Price $1,200,000 Highest Sold Price $367,500
Lowest List Price $60,000 Lowest Sold Price $118,000
Avg. Days On Market 180 Avg. Days On Market 166
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 August 2010

83 listings: 4 Sold listings:
Median List Price $225,000 Median Sold Price $220,000
Private Owned 75 listings Private Owned 3 Sold
Median List Price $225,000 Median Sold Price $230,000
Bank Owned 8 listings Bank Owned 1 Sold
Median List Price $166,200 Median Sold Price $ 73,000

Active & Sold September 2009

91  listings: 12 Sold listings:
Median List Price $225,000 Median Sold Price $222,500

October 1, 2008 – September 30, 2009

197 listings: 118 Sold listings:
Median List Price $199,950 Median Sold Price $183,750

October 1, 2009 – September 30, 2010

248 listings: 169 Sold listings:
Median List Price $199,900 Median Sold Price $185,000

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

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

To view previous statistics for Beverly Hills Michigan click here.

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