Rochester Hills Michigan Market Analysis & Statistics Homes Sold October 2010

Rochester Hills Michigan Market Analysis & Statistics Homes Sold October 2010

October 2010 median sale prices stayed relatively the same from September 2010 & # of homes sold stayed relatively the same from September 2010.  Bank owned homes median price increased 22% in October 2010 from September 2010.  Private owned homes median price decreased 13% in October 2010 from September 2010 & # homes decreased 11% in October 2010.  October 2010 median sale price increased 12% from October 2009. Year ending October 2010 median sale price compared to year ending October 09 increased 05%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds October 2010

423 listings: 73 Sold listings:
Average List Price $262,180 Average Sold Price $200,629
Median List Price $212,900 Median Sold Price $195,000
Highest List Price $2,100,000 Highest Sold Price $520,000
Lowest List Price $14,000 Lowest Sold Price $16,000
Avg. DOM 189 Avg. DOM 99
Private Owned 355 listings Private Owned 50 Sold
Median List Price $234,900 Median Sold Price $209,000
Bank Owned 68 listings Bank Owned 23 Sold
Median List Price $105,900 Median Sold Price $118,000

Active & Solds September 2010

455 listings: 74 Sold listings:
Median List Price $229,900 Median Sold Price $194,250
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 October 2009

441  listings: 91 Sold listings:
Median List Price $209,000 Median Sold Price $172,500

November 1, 2008 – October 31, 2009

1037 listings: 687 Sold listings:
Median List Price $200,000 Median Sold Price $189,000

November 1, 2009 – October 31, 2010

1221 listings: 871 Sold listings:
Median List Price $209,900 Median Sold Price $199,900

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in October 2010 with September 2010 & October 2009; year ending October 09 with yr ending October 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.

Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct
Compared to previous month +05 00 +08 -09 +12 00 -05 +07 -19 -02 +07 00
Compared to same month previous year (2008 – 2009) -03 +03 00 -13 +07 +07 +03 +17 +10 -03 +17 +12
Compared to Yr. Ending same month previous Yr. -18 -18 -16 -16 -16 -16 -13 -09 -03 -03 +01 +05

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

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