Rochester Hills Michigan Market Analysis & Statistics Homes Sold August 2010

Rochester Hills Michigan Market Analysis & Statistics Homes Sold August 2010

August 2010 median sale prices decreased 02% from July 2010 & # of homes sold decreased 09% from July 2010.  Bank owned homes median price decreased 22% in August 2010 from July 2010.  Private owned homes median price increased 09% in August 2010 from July 2010 & # homes decreased 14% in August 2010.  August 2010 median sale price decreased 03% from August 2009. Year ending August 2010 median sale price compared to year ending August 09 decreased 3%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds August 2010

455 listings: 74 Sold listings:
Average List Price $271,714 Average Sold Price $213,349
Median List Price $229,900 Median Sold Price $194,250
Highest List Price $2,100,000 Highest Sold Price $480,000
Lowest List Price $26,900 Lowest Sold Price $35,000
Avg. DOM 214 Avg. DOM 94
Private Owned 400 listings Private Owned 56 Sold
Median List Price $249,995 Median Sold Price $238,950
Bank Owned 55 listings Bank Owned 18 Sold
Median List Price $112,900 Median Sold Price $92,500

Active & Solds July 2010

514 listings: 81 Sold listings:
Median List Price $219,900 Median Sold Price $199,000
Private Owned 455 listings Private Owned 66 Sold
Median List Price $239,900 Median Sold Price $216,500
Bank Owned 59 listings Bank Owned 15 Sold
Median List Price $122,900 Median Sold Price $119,000

Active & Solds August 2009

448  listings: 67 Sold listings:
Median List Price $230,950 Median Sold Price $200,000

September 1, 2008 – August 31, 2009

1018 listings: 637 Sold listings:
Median List Price $219,450 Median Sold Price $199,000

September 1, 2009 – August 31, 2010

1278 listings: 897 Sold listings:
Median List Price $209,000 Median Sold Price $193,500

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in August 2010 with July 2010 & August 2009; year ending August 09 with yr ending August 2010. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $10,000.

Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug
Compared to previous month -15 00 +05 00 +08 -09 +12 00 -05 +07 -19 -02
Compared to same month previous year (2008 – 2009) -22 -20 -03 +03 00 -13 +07 +07 +03 +17 +10 -03
Compared to Yr. Ending same month previous Yr. -16 -18 -18 -18 -16 -16 -16 -16 -13 -09 -03 -03

To view previous statistics for Rochester & Rochester Hills, click here.

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