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Week ending Dec 16
Week ending Dec 16
w-o-w
Southfield Real Estate Overview
Today, December 26, 2009
Market View for Southfield
Avg. Listing Price
$107,984
Wk ending Dec 16
+$907
+0.8%
w-o-w
+0.8%
w-o-w
Median Sales Price
$71,385
Sep '09 - Nov '09
-$10,950
-13.3%
y-o-y
-13.3%
y-o-y
Southfield Summary
Average price per square foot for Southfield MI was $54, a decrease of 3.6% compared to the same period last year. The median sales price for homes in Southfield MI for Sep 09 to Nov 09 was $71,385 based on 409 home sales. Compared to the same period one year ago, the median home sales price decreased 13.3%, or $10,950, and the number of home sales decreased 28.6%.
There are currently 711 resale and new homes in Southfield on Trulia, including 627 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Southfield MI was $107,984 for the week ending Dec 16, which represents an increase of 0.8%, or $907, compared to the prior week.
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