Bloomfield Hills Home Sale Statistics — November, 2005
Published December 2nd, 2005 in Bloomfield Hills MI Real Estate, Market Updates.There are currently 597 single family homes on the market in the City of Bloomfield Hills and Bloomfield Township.
For the 597 listings:
Avg List Price $1,114,649.00
The Median Price $695,000.00
The Highest Price $14,750,000.00
The Lowest Price $134,900.00
The Average Market Time 127 days
412 single family homes have sold since January 1, 2005
For the 412 listings:
Avg List Price $348,835.00
The Median Price $307,750.00
The Highest Price $2,765,000.00
The Lowest Price $1.00 **
The Average Market Time 78 days
There are 50 homes currently under contract in Bloomfield Hills and Bloomfield Township.
For the 50 listings:
Avg List Price $827,464.00
The Median Price $554,450.00
The Highest Price $3,250,000.00
The Lowest Price $119,900.00
The Average Market Time 106 days
**$1 sales are recorded at the buyer’s or seller’s request to keep the sale price confidential.
______________________________________________________________Written by Maureen Francis
SKBK Sotheby's International Realty, 248.430.4450
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