Rochester Hills Michigan Market Analysis & Statistics Homes Sold January 2011

Rochester Hills Michigan Market Analysis & Statistics Homes Sold January 2011

January 2011 median sale prices decreased 29% from December 2010 & # of homes sold decreased 32% from December 2010.  Bank owned homes median price decreased 29% in January 2011 from December 2010.  Private owned homes median price idecreased 27% in January 2011 from December 2010 & # homes decreased 41% in January 2011.  January 2011 median sale price decreased 23% from January 2010. Year ending January 2011 median sale price compared to year ending January 1010 increased 08%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds January 2011

321 listings: 41 Sold listings:
Average List Price $265,662 Average Sold Price $182,591
Median List Price $199,900 Median Sold Price $152,000
Highest List Price $2,250,000 Highest Sold Price $505,000
Lowest List Price $24,900 Lowest Sold Price $32,000
Avg. DOM 213 Avg. DOM 80
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 December 2010

369 listings: 60 Sold listings:
Median List Price $207,500 Median Sold Price $214,950
Private Owned 302 listings Private Owned 44 Sold
Median List Price $234,900 Median Sold Price $239,500
Bank Owned 67 listings Bank Owned 16 Sold
Median List Price $122,450 Median Sold Price $165,000

Active & Solds January 2010

327  listings: 47 Sold listings:
Median List Price $199,900 Median Sold Price $196,500

February 1, 2009 – January 31, 2010

1017 listings: 737 Sold listings:
Median List Price $198,000 Median Sold Price $185,000

February 1, 2010 – January 31, 2011

1135 listings: 855 Sold listings:
Median List Price $209,000 Median Sold Price $200,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in January 2011 with December 2010 & January 2010; year ending January 02010 with yr ending January 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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