Bloomfield Hills and Bloomfield Township Real Estate Market Statistics for October, 2005

There are currently 625 single family homes on the market in Bloomfield Hills and Bloomfield Township.
For the 625 listings:
Avg List Price $1,074,940.00
The Median Price $695,000.00
The Highest Price $14,750,000.00
The Lowest Price $13,500.00
The Average Market Time 118

There are currently 55 single family homes pending sale in Bloomfield Hills and Bloomfield Township.
For the 55 listings:
Avg List Price $748,976.00
The Median Price $545,900.00
The Highest Price $2,695,000.00
The Lowest Price $119,900.00
The Average Market Time 103

430 homes have sold in Bloomfield Hills and Bloomfield Township since January 1, 2005.
For the 430 listings:
Avg List Price $359,578.00
The Median Price $315,000.00
The Highest Price $2,500,000.00
The Lowest Price $1.00
The Average Market Time 75
Statistics for sold homes are artificially low because many transactions are not recorded at their actual selling price, but at $1.00.

Written by Maureen Francis
SKBK Sotheby's International Realty, 248.430.4450
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