Beverly Hills Market Analysis for March 2009 & First Quarter 2009
By Cathy Tishhouse, Royal Oak Real Estate
(RE/MAX Showcase Homes)
This is a monthly market analysis for Beverly Hills Michigan. It compares only residential homes sold in March 2009 with Feb. 09 determining # of homes sold for the month & increase/decrease in median sold price. It shows all homes sold then private owned vs. Bank Owned/HUD. In the latter part of 2008, Realtors were required to categorize ownership status so figures are not accurate for bank owned in earlier months and not calculated. Beverly Hills Market Analysis also compares First Quarter 2009 to 2008 and year ending March 2008 to March. 2009. To exclude leases in data, minimum sale price used was $5,000. Market Analysis March. 09 median sale prices decreased 53% from Feb. 09 & a 25% decrease in # of homes sold. Private owned median price increased 12% in March 09 from Feb. 09. ...
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