Market Analysis & Statistics For Homes Sold Birmingham MI June 2011

Market Analysis & Statistics For Birmingham MI June 2011

June 2011 median sale prices decreased 01% from May 2011 & # of homes sold stayed the same. Private owned homes median price increased 06% in June 2011 from May 2011.  Bank owned homes median price increased 21% in June 2011 from May 2011.  June 2011 median sale price decreased 19% from June 2010. Yr ending June 2011 median sale price compared to yr ending June 2010 increased 02%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds June 2011

247 listings: 37 Sold listings:
Average List Price $600,518 Average Sold Price $394,651
Median List Price $449,900 Median Sold Price $296,000
Highest List Price $3,400,000 Highest Sold Price $1,538,500
Lowest List Price $38,900 Lowest Sold Price $ 38,900
Avg. DOM 161 Avg. DOM 115
Private Owned 238 listings Private Owned 32 Sold
Median List Price $459,000 Median Sold Price $331,500
Bank Owned 9 listings Bank Owned 5 Sold
Median List Price $209,900 Median Sold Price $230,000

Active & Solds May 2011

247 listings: 37 Sold listings:
Median List Price $449,900 Median Sold Price $299,444
Private Owned 237 listings Private Owned 31 Sold
Median List Price $450,000 Median Sold Price $310,000
Bank Owned 10 listings Bank Owned 6 Sold
Median List Price $183,900 Median Sold Price $181,250

Active & Solds June 2010

255 listings: 45 Sold listings:
Median List Price $449,900 Median Sold Price $240,000

July 1, 2010 – June 30, 2011

588 listings: 378 Sold listings:
Median List Price $350,000 Median Sold Price $266,500

July 1, 2009– June 30, 2010

629 listings: 419 Sold listings:
Median List Price $349,900 Median Sold Price $260,000

Birmingham Market Analysis compares only median sold price of residential homes sold in June 2011 with May 2011 & June 2010; year ending June 2010 with yr ending June 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.

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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