Rochester Hills Michigan Market Analysis & Statistics Homes Sold February 2011

Rochester Hills Michigan Market Analysis & Statistics Homes Sold February 2011

February 2011 median sale prices increased 20% from January 2011 & # of homes sold increased 16% from January 2011.  Bank owned homes median price decreased 35% in February 2011 from January 2011.  Private owned homes median price increased 27% in February 2011 from January 2011 & # homes increased 24% in February 2011.  February 2011 median sale price increased 06% from February 2010. Year ending February 2011 median sale price compared to year ending February 1010 increased 09%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds February 2011

343 listings: 49 Sold listings:
Average List Price $259,283 Average Sold Price $195,777
Median List Price $217,500 Median Sold Price $191,000
Highest List Price $2,250,000 Highest Sold Price $465,000
Lowest List Price $19,500 Lowest Sold Price $19,250
Avg. DOM 199 Avg. DOM 132
Private Owned 289 listings Private Owned 34 Sold
Median List Price $239,900 Median Sold Price $236,750
Bank Owned 54 listings Bank Owned 15 Sold
Median List Price $119,400 Median Sold Price $ 75,175

Active & Solds January 2011

321 listings: 41 Sold listings:
Median List Price $199,900 Median Sold Price $152,000
Private Owned 262 listings Private Owned 26 Sold
Median List Price $227,000 Median Sold Price $174,000
Bank Owned 59 listings Bank Owned 15 Sold
Median List Price $116,900 Median Sold Price $116,500

Active & Solds February 2010

342  listings: 49 Sold listings:
Median List Price $210,950 Median Sold Price $180,000

March 1, 2009 – February 28, 2010

1049 listings: 756 Sold listings:
Median List Price $199,000 Median Sold Price $183,000

March 1, 2010 – February 28, 2011

1148 listings: 855 Sold listings:
Median List Price $209,900 Median Sold Price $200,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in February 2011 with January 2011 & February 2010; year ending February 2010 with yr ending February 2011. It shows all homes sold then private owned vs. Bank Owned/HUD.  To exclude leases in data, minimum sale price used was $10,000.

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

If you are looking to purchase a home, click here for a search of the MLS.

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

Rochester Hills Realtor selling Oakland County Real Estate.  TishHouse sells Houses – selling Real Estate Southeastern Michigan with RE/MAX Showcase Homes in Birmingham, Michigan.  Helping People in a challenging market by specializing in Short Sales.  See what my clients have to say about my extraordinary customer service.  Follow me on Twitter.

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