Residential real estate market information for Metro Detroit's Northern Suburbs brought to you by Realtors Maureen Francis and Dmitry Koublitsky of SKBK Sotheby's International Realty. Monthly market statistics for home owners in Oakland County. MLS listings available on our web site: Oakland-County-Homes.com.

Saturday, October 01, 2005

Birmingham Real Estate Market Statistics, September 2005

There are currently 410 single family homes on the market in Birmingham. For the 410 homes on the market today: Average List Price $922,724.00 The Median Price $689,450.00 The Highest Price $8,499,000.00 The Lowest Price $155,000.00 The Average Market Time 108 days Since January 1, 2005m 242 single family homes have sold in Birmingham. For the 242 sold homes: Average List Price $343,219.00 The Median Price $271,500.00 * The Highest Price $2,400,000.00 The Lowest Price $1.00 * The Average Market Time 71 * Some sales are recorded in public records as having transacted at $1.00 in order to mask the actual sales price. This skews median price calculations down. There are currently 29 homes under contract in Birmingham. Information collected from Realcomp II as of October 1, 2005

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