Troy Michigan Real Estate Market Statistics for October, 2005

by Maureen Francis on November 3, 2005

in Market Updates,Troy MI Real Estate,Uncategorized

There are currently 558 single family homes on the market in Troy, Michigan.
For the 558 listings:
Avg List Price $348,393.00
The Median Price $299,900.00
The Highest Price $1,199,000.00
The Lowest Price $104,900.00
The Average Market Time 89

71 homes are pending sale in Troy.
For the 71 listings:
Avg List Price $344,753.00
The Median Price $299,900.00
The Highest Price $1,150,000.00
The Lowest Price $145,900.00
The Average Market Time 80

Since January 1, 2005, 584 homes have sold in Troy.
For the 584 listings:
Avg List Price $288,576.00
The Median Price $268,500.00
The Highest Price $878,000.00
The Lowest Price $1.00
The Average Market Time 58
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

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