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Southfield Market Trends

Today, January 4, 2010

Median Sales Price in Southfield

Embed Info
1 yr 5 yr Max
Southfield median sales prices
Number of sold homes in Southfield
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$48,000-27.3%$75,000$66,000$125,500
3 bedrooms$72,500+17.4%$55,000$61,750$170,000
4 bedrooms$80,000-22.0%$71,500$102,500$204,108
All properties$75,000-8.9%$60,000$82,335$167,462
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Southfield Summary

The median sales price for homes in Southfield MI for Sep 09 to Nov 09 was $75,000. This represents an increase of 25%, or $15,000, compared to the prior quarter and a decrease of 8.9% compared to the prior year. Sales prices have depreciated 55.2% over the last 5 years in Southfield.

The average listing price for Southfield homes for sale on Trulia was $106,813 for the week ending Dec 30, which represents an increase of 0%, or $18, compared to the prior week and a decline of 0.2%, or $264, compared to the week ending Dec 09. Average price per square foot for Southfield MI was $54, a decrease of 3.6% compared to the same period last year.

 

Average Listing Price in Southfield

Embed Info
1 yr 5 yr Max
Southfield average property price
Southfield – number of properties
No. BedroomsWeek ending
Dec 30
w-o-wWeek ending
Dec 23
Week ending
Dec 16
Week ending
Dec 9
1 bedroom$73,803+2.8%$71,821$72,257$68,905
2 bedrooms$75,9380.0%$75,954$76,460$77,400
3 bedrooms$96,975+0.8%$96,206$97,688$97,458
4 bedrooms$149,396-3.3%$154,476$153,940$150,405
All properties$106,8130.0%$106,795$107,984$107,077
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Average Price Per Sqft for Homes in Southfield

Embed Info
1 yr 5 yr Max
Southfield average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$59-3.3%$66$61$123
3 bedrooms$57+5.6%$47$54$336
4 bedrooms$40-27.3%$47$55$270
All properties$54-3.6%$62$56$238
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Homes for Sale in Southfield

25500 Waycross, Southfield MI
25500 Wayc…
$325,000
3 br  2 ½ ba
28041 Fontana Drive, Southfield MI
28041 Font…
$190,000
4 br  2 ½ ba
27140 West 10 Mile Road, Southfield MI
27140 W 10…
$89,900
2 br  1 ½ ba
25239 Muerland Road, Southfield MI
25239 Muer…
$40,000
2 br  1 ba
27330 Arborway Road #22, Southfield MI
27330 Arbo…
$65,000
2 br  2 ba
24795 Lois Lane, Southfield MI
24795 Lois…
$169,976
3 br  2 ba
View all Southfield Homes for Sale
 
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Southfield

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  • 48033
  • 48034
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Nearby Cities

Cities
Median
sales price
Average
listing price
Lathrup Village
$105,000
$143,322
Beverly Hills
$195,000
$274,230
Bingham Farms
$262,500
$598,216
Franklin
$254,900
$778,422
Bloomfield Township
$1,568,500
$802,933
Bloomfield
$265,000
$628,865
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Advice

Recent Q&A in Southfield, MI

Q: I put an offer on a short sale property back in November. My husband and I decided to end our relationship with our agent and we have not been able 4 answers
Q: Should I look for another agent? I believe he's lying to me regarding short sale purchase 9 answers
Q: how do a agent obtain reo properties for michigan? 1 answer
Q: i filed bankrupcy it been a year since my discharge , will that be a problem for me to ge a loan 1 answer
Q: how do you go about buying property that has been foreclosed before it hits the market? 3 answers

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Nearby Cities Real Estate

  • Lathrup Vlg Real Estate
  • Lathrup Village Real Estate
  • Beverly Hills Real Estate
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  • Bloomfield Township Real Estate

Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Lathrup Vlg Home Prices
  • Lathrup Village Home Prices
  • Beverly Hills Home Prices
  • Bingham Farms Home Prices
  • Franklin Home Prices
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Southfield Stats & Trends

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

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