Rochester and Rochester Hills Michigan Market Analysis & Statistics Homes Sold February 2010
By Cathy Tishhouse, Royal Oak Real Estate
(RE/MAX Showcase Homes)
Rochester Hills Michigan Market Analysis & Statistics Homes Sold February 2010 February 2010 median sale prices decreased 9% from January 2010 & # of homes sold stayed relatively the same. Private owned median price increased 9% in Feb. 2010 from Jan. 2010 and # of homes stayed relatively the same. Bank owned homes median price decreased 21% in February 2010 from January 2010. February 2010 median sale price decreased 13% from a year ago February 2009 & # homes sold increased 36% in Feb. 2010. Yr ending Feb. 2010 median sale price compared to yr ending Feb. 09 decreased 16%. The Year to date summary (farther below), indicates that the market is still very volatile in Rochester & Rochester Hills Michigan. February was not a good month and year to date totals are still in the negati...
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