Rochester & Rochester Hills Market Analysis Homes Sold April 2010

Rochester Hills Michigan Market Analysis & Statistics Homes Sold April 2010

April 2010 median sale prices decreased 1% from March 2010 & # of homes sold increased 16% in April 2010.  Bank owned homes median price decreased 8% in April 2010 from March 2010.  Private owned homes median price increased 8% in April 2010 from March 2010 & # homes increased 14% in April 2010. April 2010 median sale price increased 5% from April 2009. Year ending April 2010 median sale price compared to yr ending April. 09 decreased 15%.

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

Active & Solds April 2010

536 listings: 81 Sold listings:
Average List Price $290,009 Average Sold Price $218,302
Median List Price $224,900 Median Sold Price $205,000
Highest List Price $2,499,000 Highest Sold Price $586,190
Lowest List Price $16,000 Lowest Sold Price $18,100
Avg. DOM 213 Avg. DOM 149
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 March 2010

534 listings: 68 Sold listings:
Median List Price $224,450 Median Sold Price $205,000
Private Owned 498 listings Private Owned 56 Sold
Median List Price $229,950 Median Sold Price $206,500
Bank Owned 36 listings Bank Owned 12 Sold
Median List Price $152,240 Median Sold Price $151,500

Active & Solds April 2009

500  listings: 45 Sold listings:
Median List Price $224,900 Median Sold Price $194,000

May 1, 2008 – April 30, 2009

1074 listings: 619 Sold listings:
Median List Price $226,945 Median Sold Price $217,000

May 1, 2009 – April 30, 2010

1273 listings: 818 Sold listings:
Median List Price $202,000 Median Sold Price $185,000

2009 – 2010 Summary of Increase and Decrease of Market in Rochester & Rochester Hill, Michigan

Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar
Compared to previous month +02 -04 -05 -01 +13 -15 00 +05 00 +08 -09 -01
Compared to same month previous year (2008 – 2009) -10 -13 -21 -28 -01 -22 -20 -03 +03 00 -13 +05
Compared to Yr. Ending same month previous Yr. -15 -14 -13 -16 -14 -16 -18 -18 -18 -16 -16 -15

Compares Rochester & Rochester Hills median price of homes sold for residential homes sold in April 2010 with March 2010 & April 09; year ending April 09 with yr ending April 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.  It also shows a year in review of the market decrease and increase for 2009 through 2010.

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

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