Posts Tagged ‘Homes Sold Berkley February 2011’
Market Analysis for Homes Sold in Berkley MI February 2011
February 2011 median sale prices increased 30% from January 2011 & # of homes sold remained relatively the same. Private owned median prices increased 22% in February 2011 from January 2011 & # of homes sold increased 14%. Bank owned homes median price increased 17% in February 2011 from January 2011. February 2011 median sale price increased 13% from February 2010 & and # homes sold increased 21% in February 2011. Year ending February 2011 median sale price compared to yr ending February 2010 increased 05%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.
Active & Sold February 2011
|163 listings:||19 Sold listings:|
|Average List Price||$131,369||Average Sold Price||$ 97,770|
|Median List Price||$119,900||Median Sold Price||$ 90,000|
|Highest List Price||$289,000||Highest Sold Price||$175,000|
|Lowest List Price||$32,680||Lowest Sold Price||$ 58,500|
|Avg. Days On Market||139||Avg. Days On Market||121|
|Private Owned||143 listings||Private Owned||14 Sold|
|Median List Price||$127,988||Median Sold Price||$118,000|
|Bank Owned||20 listings||Bank Owned||5 Sold|
|Median List Price||$ 67,830||Median Sold Price||$ 66,000|
Active & Sold January 2011
|162 listings:||18 Sold listings:|
|Median List Price||$116,950||Median Sold Price||$ 62,750|
|Private Owned||135 listings||Private Owned||12 Sold|
|Median List Price||$120,000||Median Sold Price||$ 92,300|
|Bank Owned||27 listings||Bank Owned||6 Sold|
|Median List Price||$ 59,900||Median Sold Price||$ 54,950|
Active & Sold February 2010
|159 listings:||15 Sold listings:|
|Median List Price||$119,900||Median Sold Price||$ 78,000|
March 1, 2009 – February 28, 2010
|404 listings:||260 Sold listings:|
|Median List Price||$109,900||Median Sold Price||$ 95,500|
March 1, 2010 – February 28, 2011
|408 listings:||264 Sold listings:|
|Median List Price||$113,250||Median Sold Price||$100,000|
Monthly market analysis for Berkley Michigan Real Estate compares residential homes sold in February 2011 with January 2011 & February 2010; year ending February 2010 with year 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 $5,000.
If you are looking to Purchase a Home, click here.
If you are looking to Sell a Home, click here.
To view previous months Market Analysis of Berkley Michigan, click here
Berkley Michigan 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.