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November 16, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Birmingham, Michigan

Reported by Eva Morrow, Associate Broker

Updated November 13, 2009.

Current Market Rating: 2




1
2
3
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5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
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5
Falling

Rising

Eva Morrow reports for Birmingham Michigan a strong buyers market with plenty of opportunities to invest. View stats since January 2008 below. These stats do not include leases or dollar sales.-

50,000 - 400,000

Active Listings: 116
Average List: $236,045
Average List $/Sq Ft: 162.20
Average Market Time: 198.25

Pending Listings: 33
Average List: $200,888
Average List $/Sq Ft: 118.64
Average Market Time: 117.79

Sold Listings: 351
Average Sale:$212,434
Average Sale $/Sq Ft: 129.37
Average Market Time: 136.85

All Listings
Total Listings: 500 Average Total DOM: 150.96

High Value Low Value Average Value
List Price: $400,000 $59,900 $236,045
Sale Price(Sold): $400,000 $59,000 $212,434

401,000 and up

Active Listings: 147
Average List: $1,088,813
Average List $/Sq Ft: 283.39
Average Market Time: 217.59

Pending Listings: 13
Average List: $602,431
Average List $/Sq Ft: 193.54
Average Market Time: 98.62

Sold Listings: 182
Average Sale:$654,856
Average Sale $/Sq Ft: 202.32
Average Market Time: 175.46

All Listings
Total Listings: 342 Average Total DOM: 163.89

High Value Low Value Average Value
List Price: $7,950,000 $409,900 $1,088,813
Sale Price(Sold): $3,600,000 $402,000 $654,856



ZIP Code: 48009

Approximate Location Boundaries: Between Evergreen and Coolidge and 14 Mile and Quarton

Location Characteristics: Named one of the country's "20 Most Walkable Communities," Birmingham covers 4.73 square miles and includes tons of restaurants, galleries, shopping areas, movie theatres and much more. The homes range from small and quaint to large and impressive and tend to be more expensive, the closer they are within walking distance to downtown Birmingham. As of the 2000 census, the total population was 19,291. A suburb of Detroit, the city hosts a downtown that attracts shoppers from throughout the Metro Detroit area.
The city's downtown district has many coffee houses, ice cream parlors, upscale apparel, and home furnishing shops, restaurants and theatres. The Townsend Hotel is one of the state's premiere locations for lodging, and is the choice for many celebrities visiting or working in Southeastern Michigan.
The city has over twenty parks with many amenities including tennis courts, baseball diamonds, playgrounds, golf courses, sledding hills, nature trails, picnic areas and deep woods. Shain Park, the city's main commons, is the site of the Village Fair, art shows, summer music concerts and numerous community events.


For More Information:

View Market Conditions of other areas served by Eva Morrow

Navigate: Top > Michigan > Birmingham

About Eva Morrow:
Thank you for visiting my Market Conditions Report. As a Franklin resident and successful business woman, I'm passionate about real estate. I drive to deliver results and always achieve my client's real estate goals. I believe in providing excellent customer service and go above and beyond the call of duty to service my clients. I believe in succeeding and delivering the highest quality service that anyone could possibly provide in the real estate industry. The process of buying and selling a home can be fun and rewarding. I've been an entrepreneur for over 20 years and I know how to get the job done right. Please take a moment to listen to my clients testimonials and know that I can lead you through the real estate process with confidence and security. I'm also involved in the Franklin community and work hard to support the local businesses there. I look forward to working with you and would love to hear from you anytime. Please feel free to send me an e-mail to eva@evamorrow.com. Also vist my high end marketing at www.MichiganHomes.Net where you can search the entire michigan multiple listing service online:

∙ Accurate Analysis
∙ Always on the Cusp of New Marketing Techniques
∙ Direct Communication by Phone and E-Mail
∙ State of the Art Internet Marketing
∙ Reaching Your Target Buyer
∙ Direct Response Advertising
∙ Direct Mail Marketing
∙ Key Internet Marketing
∙ Key Media Exposure
∙ Key Realtor Exposure
∙ Toll Free 800 Info line for your home
∙ Statistical updates
∙ Guarenteed results
∙ Perfected negotiating skills


Eva's website "www.MichiganHomes.Net" is in the top searches on Yahoo, Google, MSN and others and features an individual web page for every listing. Buyers can also find school and community information and be pre-approved online. Eva is a dedicated serious realtor who will provide the highest level of service for her clients. Please call Eva for a real estate consultation and experience the difference! Eva 248-320-9100


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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