How Your Rochester & Rochester Hills MI Home Compares with Homes Sold December 2010

By
Real Estate Agent with RE/MAX Showcase Homes

Rochester Hills Michigan Market Analysis & Statistics Homes Sold December 2010

December 2010 median sale prices increased 11% from November 2010 & # of homes sold decreased 12% from November 2010.  Bank owned homes median price increased 21% in December 2010 from November 2010.  Private owned homes median price increased 08% in December 2010 from November 2010 & # homes decreased 10% in December 2010.  December 2010 median sale price increased 16% from December 2009. Year ending December 2010 median sale price compared to year ending December 09 increased 08%.  Statistics rounded to nearest % -compiled from RealComp II data believed to be reliable.

Active & Solds December 2010

369 listings: 60 Sold listings:
Average List Price $263,545 Average Sold Price $216,088
Median List Price $207,500 Median Sold Price $214,950
Highest List Price $2,100,000 Highest Sold Price $490,000
Lowest List Price $19,500 Lowest Sold Price $18,000
Avg. DOM 210 Avg. DOM 97
Private Owned 302 listings Private Owned 44 Sold
Median List Price $234,900 Median Sold Price $239,500
Bank Owned 67 listings Bank Owned 16 Sold
Median List Price $122,450 Median Sold Price $165,000

Active & Solds November 2010

377 listings: 68 Sold listings:
Median List Price $199,900 Median Sold Price $190,450
Private Owned 307 listings Private Owned 49 Sold
Median List Price $230,000 Median Sold Price $220,000
Bank Owned 70 listings Bank Owned 19 Sold
Median List Price $118,200 Median Sold Price $130,100

Active & Solds December 2009

373  listings: 64 Sold listings:
Median List Price $199,900 Median Sold Price $181,000

January 1, 2009 – December 31, 2009

1036 listings: 727 Sold listings:
Median List Price $198,950 Median Sold Price $185,000

January 1, 2010 – December 31, 2010

1170 listings: 861 Sold listings:
Median List Price $209,900 Median Sold Price $200,000

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

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

Rochester Hills 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 onTwitter.

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Topic:
Real Estate Market Trends
Location:
Michigan Oakland County Rochester Hills
Groups:
Americas Relocation Home Services - Our Mission is to Connect Home Buyers & Sellers With Local Real Estate Professionals
Local Expert
Posts to Localism
Tags:
market analysis rochester hills december 2010
homes sold rochester hills december 2010
rochester hills realtor
home price statitics

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Rainmaker
179,860

Cathy Tishhouse

Royal Oak Real Estate
Looking to Sell Your Home
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Additional Information

Royal Oak Realtor located in Birmingham Michigan, selling Real Estate in Birmingham, Royal Oak, Beverly Hills, Berkley and surrounding communities on Oakland County and Metro Detroit