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Romeo, 48065 Market Trends

Today, December 15, 2009

Median Sales Price in 48065

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1 yr 5 yr Max
48065, Romeo median sales prices
Number of sold homes in 48065, Romeo
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
48065$136,200-5.7%$112,450$144,386$179,500
Romeo$90,950-23.8%$61,000$119,424$162,500
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Romeo, 48065 Summary

The median sales price for homes in ZIP code 48065 for Sep 09 to Nov 09 was $136,200. This represents an increase of 21.1%, or $23,750, compared to the prior quarter and a decrease of 5.7% compared to the prior year. Sales prices have depreciated 24.1% over the last 5 years in 48065, Romeo.

Average listing price for homes on Trulia in ZIP code 48065 was $247,380 for the week ending Dec 08, which represents a decline of 1.5%, or $3,821 compared to the prior week and a decline of 5.2%, or $13,655, compared to the week ending Nov 17. Average price per square foot for homes in 48065 was $72 in the most recent quarter.

 

Average Listing Price in 48065

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1 yr 5 yr Max
48065, Romeo average property price
48065, Romeo – number of properties
LocationWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
48065$247,380-1.5%$251,201$259,748$261,035
Romeo$162,113-2.7%$166,696$157,281$160,296
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Average Price Per Sqft for Homes in 48065

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1 yr 5 yr Max
48065, Romeo average price per square foot
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
48065$72-25.0%$70$96$132
Romeo$63-37.6%$61$101$137
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Popular Zips in Romeo

Zips Week ending
Dec 9
w-o-w Week ending
Dec 2
Week ending
Nov 25
48065 1 — 1 1
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Homes for Sale in 48065

6121 Christopher Court, Bruce MI
6121 Chris…
$250,000
4 br  3 ba
415 Ewell Street, Romeo MI
415 Ewell…
$65,000
2 br  1 ba
 Scotch Settlement, Bruce MI
Scotch Se…
$99,900
 
72726 Solanus Drive, Bruce MI
72726 Sola…
$284,900
4 br  2 ba
415 Ewell Street, Romeo MI
415 Ewell…
$65,000
2 br  1 ba
 Scotch Settlement, Bruce MI
Scotch Se…
$99,900
 
View all 48065 Homes for Sale
 
Stats & Trends
48065, Romeo

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Romeo

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Nearby Cities

Cities
Median
sales price
Average
listing price
Leonard
$154,800
$344,360
Armada
$120,000
$270,034
Washington
$296,500
$374,548
Ray
$113,356
$218,320
Oxford
$138,000
$319,165
Dryden
$205,000
$261,127
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Advice

Recent Q&A in Romeo, MI

Q: I put a bid in on a short sale. My agent told us that the listing agent and the home owner didn't even present the offer to the bank. Is that? 4 answers
Q: I was approved for an FHA loan in January of '09. I haven't used it, do I need to reapply? Also does Michigan have any first time home 2 answers
Q: is it okay for a listing agent to include the square footage from a finished space above the detached garage in the square footage of the main house? 3 answers
Q: is it common to pay more than the listing price on bank owned homes? 10 answers
Q: are we subject to a lawsuit, performance, when bank rejects the short sale due to commssions? 9 answers

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More Advice:
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Nearby Cities Real Estate

  • Bruce Real Estate
  • Addison Township Real Estate
  • Leonard Real Estate
  • Armada Real Estate
  • Almont Real Estate
  • Washington Real Estate

Nearby Cities Sold Homes

  • Bruce Sold Homes
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Nearby Cities Home Prices

  • Bruce Home Prices
  • Addison Township Home Prices
  • Leonard Home Prices
  • Armada Home Prices
  • Almont Home Prices
  • Washington Home Prices

48065 Stats & Trends

  • 48065 Real Estate Overview
  • Romeo Schools
  • Romeo Community Info
  • Romeo Home Prices
  • 48065 Real Estate
  • 48065 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Romeo real estate market. Find Romeo properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Romeo average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Romeo housing statistics are available for each Romeo, MI neighborhood.
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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.