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.

Monday, October 03, 2005

Bloomfield Hills Market Statistics - September 2005

There are currently 618 homes on the market in the City of Bloomfield Hills and surrounding Bloomfield Township. For the 618 listings: Avg List Price $1,083,832.00 The Median Price $699,450.00 The Highest Price $14,750,000.00 The Lowest Price $119,900.00 The Average Market Time 114 60 homes are under contract as of 10/03/05 For the 60 listings: Avg List Price $788,470.00 The Median Price $542,900.00 The Highest Price $3,100,000.00 The Lowest Price $230,000.00 The Average Market Time 93 Since January 2, 2005, 330 homes have sold in Bloomfield Hills and Bloomfield Township. For the 330 listings: Avg List Price $329,930.00 The Median Price $304,000.00 The Highest Price $2,400,000.00 The Lowest Price $1.00 The Average Market Time 73 Sales prices recorded as $1.00 (to mask the actual price in public records) artificially lower the statistics for homes that have sold. Market time is also artificially lowered in these statistics because homes are often re-listed as new after a price change, erasing the previous listing period from these statistics. Data supplied by Realcomp II. Search the MLS for homes on www.Oakland-County-Homes.com For more accurate data regarding your home or neighborhood, please contact Dmitry & Maureen.

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    Copyright 2005-2006 Maureen Francis. All rights reserved.
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