Market Analysis & Statistics For Homes Sold Birmingham MI April 2011
Market Analysis & Statistics For Birmingham MI April 2011
April 2011 median sale prices decreased 09% from March 2011 & a 23% decrease # of homes sold. Private owned homes median price decreased 15% in April 2011 from March 2011. Bank owned homes median price increased 08% in April 2011 from March 2011. April 2011 median sale price decreased 10% from April 2010. Yr ending April 2011 median sale price compared to yr ending April 2010 decreased 05%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Solds April 2011
| 240 listings: | 30 Sold listings: | ||
| Average List Price | $594,197 | Average Sold Price | $306,028 |
| Median List Price | $449,450 | Median Sold Price | $222,000 |
| Highest List Price | $3,400,000 | Highest Sold Price | $1,030,500 |
| Lowest List Price | $74,500 | Lowest Sold Price | $ 68,250 |
| Avg. DOM | 164 | Avg. DOM | 117 |
| Private Owned | 230 listings | Private Owned | 24 Sold |
| Median List Price | $454,500 | Median Sold Price | $291,000 |
| Bank Owned | 10 listings | Bank Owned | 6 Sold |
| Median List Price | $138,900 | Median Sold Price | $134,125 |
Active & Solds March 2011
| 237 listings: | 39 Sold listings: | ||
| Median List Price | $459,998 | Median Sold Price | $245,000 |
| Private Owned | 219 listings | Private Owned | 28 Sold |
| Median List Price | $479,000 | Median Sold Price | $343,750 |
| Bank Owned | 18 listings | Bank Owned | 11 Sold |
| Median List Price | $129,790 | Median Sold Price | $123,000 |
Active & Solds April 2010
| 254 listings: | 44 Sold listings: | ||
| Median List Price | $429,950 | Median Sold Price | $247,450 |
May 1, 2010 – April 30, 2011
| 599 listings: | 389 Sold listings: | ||
| Median List Price | $349,900 | Median Sold Price | $250,000 |
May 1, 2009– April 30, 2010
| 605 listings: | 395 Sold listings: | ||
| Median List Price | $350,000 | Median Sold Price | $262,500 |
Birmingham Market Analysis compares only median sold price of residential homes sold in April 2011 with March 2011 & April 2010; year ending April 2010 with yr ending April 2011. It shows all homes sold then private owned vs. Bank Owned/HUD. To exclude leases in data, minimum sale price used was $15,000.
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