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Center Line Market Trends

Today, December 22, 2009

Median Sales Price in Center Line

Embed Info
1 yr 5 yr Max
Center Line median sales prices
Number of sold homes in Center Line
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$95,782+18.6%$82,722$80,750$95,000
3 bedrooms$55,000-22.9%$67,500$71,325$132,450
4 bedrooms--$28,567$53,851$109,000
All properties$57,500-28.1%$68,794$79,991$121,985
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Center Line Summary

The median sales price for homes in Center Line MI for Sep 09 to Nov 09 was $57,500. This represents a decline of 16.4%, or $11,294, compared to the prior quarter and a decrease of 28.1% compared to the prior year. Sales prices have depreciated 52.9% over the last 5 years in Center Line.

The average listing price for Center Line homes for sale on Trulia was $67,729 for the week ending Dec 16, which represents an increase of 1.3%, or $853, compared to the prior week and an increase of 2.7%, or $1,768, compared to the week ending Nov 25. Average price per square foot for Center Line MI was $56, a decrease of 11.1% compared to the same period last year.

 

Average Listing Price in Center Line

Embed Info
1 yr 5 yr Max
Center Line average property price
Center Line – number of properties
No. BedroomsWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
1 bedroom-----
2 bedrooms$55,186-2.6%$56,658$56,303$57,812
3 bedrooms$63,862+1.7%$62,779$62,058$60,815
4 bedrooms$81,0330.0%$81,033$76,925$84,356
All properties$67,729+1.3%$66,876$65,830$65,961
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Average Price Per Sqft for Homes in Center Line

Embed Info
1 yr 5 yr Max
Center Line average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$85+26.9%$85$67$108
3 bedrooms$52-16.1%$70$62$106
4 bedrooms--$41$49$81
All properties$56-11.1%$68$63$104
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Homes for Sale in Center Line

7210 Standard, Center Line MI
7210 Stand…
$105,000
3 br  1 ba
8430 Superior, Center Line MI
8430 Super…
$135,000
5 br  2 ½ ba
7324 McKinley, Center Line MI
7324 McKin…
$69,900
3 br  1 ba
8425 Harding, Center Line MI
8425 Hardi…
$89,000
3 br  2 ba
8201 Warren Boulevard, Center Line MI
8201 Warren…
$134,567
4 br  2 ba
24381 Juliet Drive, Center Line MI
24381 Juli…
$89,900
2 br  1 ½ ba
View all Center Line Homes for Sale
 
Stats & Trends
Center Line

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Warren
$74,000
$81,801
Hazel Park
$69,774
$51,477
Eastpointe
$56,100
$60,866
Madison Heights
$71,500
$86,603
Roseville
$62,588
$71,074
Harper Woods
$62,000
$70,758
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Advice

Recent Q&A in Center Line, MI

Q: Can a seller give you money toward carpeting and appliances? I have read that even though they offer carpet 10 answers
Q: $100000 max. price, 3 bed rooms; 2 full bath; basement, After 1992 onwards built property; between 18 mile and 20 mile road & inbetween Mound and 3 answers
Q: I purchased a home @ 22435 Glen Ct St Clair Shores MI 48080 I would like to know the average prive of homes in this area..Possible intrested in 7 answers
Q: I am a tenant in a home that my family has lived in for nearly 3 years. We are in the 48038 zip code of Michigan. We originally signed a one year 4 answers
Q: Does anyone have any case law or legislative reference to support the notion that in Michigan purchase money mortgages are non-recourse? thanks!! 1 answer

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More Advice:
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Nearby Cities Real Estate

  • Warren Real Estate
  • Hazel Park Real Estate
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Nearby Cities Sold Homes

  • Warren Sold Homes
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Nearby Cities Home Prices

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Center Line Stats & Trends

  • Center Line Real Estate Overview
  • Center Line Schools
  • Center Line Community Info
  • Center Line Home Prices
  • Center Line Real Estate
  • Center Line Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Center Line real estate market. Find Center Line properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Center Line 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 Center Line housing statistics are available for each Center Line, 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.