Market Analysis & Statistics For Birmingham MI May 2010
By Cathy Tishhouse, Royal Oak Real Estate
(RE/MAX Showcase Homes)
Market Analysis & Statistics For Birmingham MI May 2010 May 2010 median sale prices decreased 23% from April‘10 & a 7% decrease # of homes sold. Private owned homes median price decreased 22% in May ‘10 from April ‘10. Bank owned homes median price decreased 25% in May‘10 from April ‘10. May 2010 median sale price decreased 23% from May 09. Yr ending May 2010 median sale price compared to yr ending May 2009 decreased 04%. Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable Active & Solds May 2010 321 listings: 39 Sold listings: Average List Price $644,453 Average Sold Price $251,796 Median List Price $449,900 Median Sold Price $190,000 Highest List Price $5,900,000 Highest Sold Price $636,250 Lowest List Price $85,900 Lowest Sold Price $84,0...
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