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Week ending Dec 16
Week ending Dec 16
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Redford, 48240 Real Estate Overview
Today, December 25, 2009
Market View for 48240
Avg. Listing Price
$67,576
Wk ending Dec 16
-$1,188
-1.7%
w-o-w
-1.7%
w-o-w
Median Sales Price
$58,000
Sep '09 - Nov '09
-$9,138
-13.6%
y-o-y
-13.6%
y-o-y
Redford, 48240 Summary
The median sales price for homes in ZIP code 48240 in Redford from Sep 09 to Nov 09 was $58,000 based on 141 sales. Compared to the same period one year ago, the median sales price decreased 13.6%, or $9,138, and the number of sales decreased 16.6%. Average price per square foot for homes in 48240 was $67, a decrease of 13% compared to the same period last year.
There are currently 200 resale and new homes in ZIP code 48240 on Trulia, including 271 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48240 was $67,576 for the week ending Dec 16, which represents a decrease of 1.7%, or $1,188, compared to the prior week. Popular ZIP codes in Redford include 48239 and 48240, with average listing prices of $75,512 and $67,576.
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