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Birmingham Market Trends

Today, December 9, 2009

Median Sales Price in Birmingham

Embed Info
1 yr 5 yr Max
Birmingham median sales prices
Number of sold homes in Birmingham
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$29,500-55.4%$105,000$66,217$152,500
2 bedrooms$152,500+13.0%$142,000$135,000$199,000
3 bedrooms$236,930-3.7%$211,330$246,050$269,500
4 bedrooms$316,038-3.4%$355,336$327,000$485,000
All properties$186,888-16.5%$213,950$223,947$259,900
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Birmingham Summary

The median sales price for homes in Birmingham MI for Sep 09 to Nov 09 was $186,888. This represents a decline of 12.6%, or $27,062, compared to the prior quarter and a decrease of 16.5% compared to the prior year. Sales prices have depreciated 28.1% over the last 5 years in Birmingham.

The average listing price for Birmingham homes for sale on Trulia was $624,906 for the week ending Dec 02, which represents a decline of 0.5%, or $3,022, compared to the prior week and a decline of 2.2%, or $14,137, compared to the week ending Nov 11. Average price per square foot for Birmingham MI was $158, a decrease of 2.5% compared to the same period last year.

 

Average Listing Price in Birmingham

Embed Info
1 yr 5 yr Max
Birmingham average property price
Birmingham – number of properties
No. BedroomsWeek ending
Dec 2
w-o-wWeek ending
Nov 25
Week ending
Nov 18
Week ending
Nov 11
1 bedroom$147,034+2.8%$143,090$141,942$104,970
2 bedrooms$272,108-1.0%$274,785$273,137$277,478
3 bedrooms$457,736-0.3%$459,034$458,604$454,084
4 bedrooms$1,028,570+0.1%$1,027,906$1,028,832$1,044,988
All properties$624,906-0.5%$627,928$628,289$639,043
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Average Price Per Sqft for Homes in Birmingham

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1 yr 5 yr Max
Birmingham average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$51-66.2%$107$151$198
2 bedrooms$138+4.5%$143$132$231
3 bedrooms$169-7.1%$146$182$274
4 bedrooms$144-15.3%$173$170$248
All properties$158-2.5%$148$162$462
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Homes for Sale in Birmingham

1422 Ruffner Avenue, Birmingham MI
1422 Ruffn…
$460,000
4 br  3 ½ ba
2325 West Maple Road, Birmingham MI
2325 W Map…
$174,999
3 br  2 ba
2535 Manchester Road, Birmingham MI
2535 Manch…
$450,000
4 br  3 ba
2859 East Maple Road, Birmingham MI
2859 E Map…
$40,000
1 br  1 ba
636 East Lincoln Street, Birmingham MI
636 E Linc…
$122,900
2 br  2 ba
2859 East Maple Road #14, Birmingham MI
2859 E Map…
$40,000
1 br  1 ba
View all Birmingham Homes for Sale
 
Stats & Trends
Birmingham

Real Estate Overview

Market Trends

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Community Info

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  • 48009
  • 48012
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Nearby Cities

Cities
Median
sales price
Average
listing price
Beverly Hills
$204,450
$282,332
Bingham Farms
$275,000
$572,002
Franklin
$225,000
$742,182
Clawson
$75,000
$116,658
Berkley
$109,280
$132,926
Lathrup Village
$90,000
$134,489
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.