Market Analysis & Statistics For Birmingham MI December 2010

Market Analysis & Statistics For Birmingham MI December 2010

December 2010 median sale prices increased 03% from November 2010 & a 30% increase # of homes sold. Private owned homes median price decreased 24% in December 2010 from November 2010.  Bank owned homes median price decreased 24% in December 2010 from November 2010. December 2010 median sale price decreased 09% from December 2009. Yr ending December 2010 median sale price compared to yr ending December 2009 decreased 06%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds December 2010

239 listings: 40 Sold listings:
Average List Price $648,395 Average Sold Price $308,077
Median List Price $425,000 Median Sold Price $243,500
Highest List Price $6,900,000 Highest Sold Price $970,000
Lowest List Price $69,900 Lowest Sold Price $60,000
Avg. DOM 206 Avg. DOM 115
Private Owned 223 listings Private Owned 32 Sold
Median List Price $449,900 Median Sold Price $297,500
Bank Owned 16 listings Bank Owned 8 Sold
Median List Price $118,400 Median Sold Price $114,200

Active & Solds November 2010

240 listings: 28 Sold listings:
Median List Price $439,445 Median Sold Price $237,250
Private Owned 223 listings Private Owned 22 Sold
Median List Price $479,000 Median Sold Price $392,500
Bank Owned 17 listings Bank Owned 6 Sold
Median List Price $164,900 Median Sold Price $149,950

Active & Solds December 2009

238 listings: 39 Sold listings:
Median List Price $444,500 Median Sold Price $267,100

January 1, 2010 – December 31, 2010

591 listings: 392 Sold listings:
Median List Price $324,900 Median Sold Price $250,000

January 1, 2009– December 31, 2009

555 listings: 356 Sold listings:
Median List Price $349,900 Median Sold Price $266,050

Birmingham Market Analysis compares only median sold price of residential homes sold in December 2010 with November 2010 & December 09; year ending November 09 with yr ending November 2010.  It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $15,000.

If you would like to know what your home is worth, click here for a free Comparative Market Analysis.

Click here to view Birmingham Michigan previous months market statistics.

Click here to view Bloomfield Hills & West Bloomfield, Michigan for more market statistics.

or visit our new website about Birmingham Michigan Homes to learn more about Birmingham & search for homes.

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