Rochester Hills Michigan Market Analysis & Statistics Homes Sold May 2010

Rochester Hills Michigan Market Analysis & Statistics Homes Sold May 2010

May 2010 median sale prices decreased 5% from April 2010 & # of homes sold remained relatively the same in May 2010.  Bank owned homes median price remained relatively the same in May 2010 from April 2010.  Private owned homes median price decreased 2% in May 2010 from April 2010 & # homes stayed the same in May 2010. May 2010 median sale price increased 3% from May 2009. Yr ending May 2010 median sale price compared to yr ending May 09 decreased 13%.

Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds May 2010

527 listings: 80 Sold listings:
Average List Price $288,556 Average Sold Price $211,295
Median List Price $220,000 Median Sold Price $195,250
Highest List Price $2,499,000 Highest Sold Price $708,000
Lowest List Price $21,000 Lowest Sold Price $45,000
Avg. DOM 217 Avg. DOM 135
Private Owned 480 listings Private Owned 65 Sold
Median List Price $230,000 Median Sold Price $220,000
Bank Owned 47 listings Bank Owned 15 Sold
Median List Price $144,900 Median Sold Price $140,000

Active & Solds April 2010

536 listings: 81 Sold listings:
Median List Price $224,900 Median Sold Price $205,000
Private Owned 493 listings Private Owned 65 Sold
Median List Price $229,900 Median Sold Price $225,000
Bank Owned 43 listings Bank Owned 16 Sold
Median List Price $137,900 Median Sold Price $139,500

Active & Solds May 2009

505  listings: 57 Sold listings:
Median List Price $220,000 Median Sold Price $189,900

June 1, 2008 – May 31, 2009

1077 listings: 630 Sold listings:
Median List Price $225,000 Median Sold Price $215,000

June 1, 2009 – May 31, 2010

1290 listings: 843 Sold listings:
Median List Price $200,000 Median Sold Price $186,000

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in May 2010 with April 2010 & May 09; year ending May 09 with yr ending May 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.

June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May
Compared to previous month -05 -01 +13 -15 00 +05 00 +08 -09 +12 00 -05
Compared to same month previous year (2008 – 2009) -21 -28 -01 -22 -20 -03 +03 00 -13 +07 +07 +03
Compared to Yr. Ending same month previous Yr. -13 -16 -14 -16 -18 -18 -18 -16 -16 -16 -16 -13

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

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