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Birmingham Market Report

$1,028,525

AVERAGE PRICE OF 728 HOMES

$524,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,868,638

AVERAGE PRICE OF 264 MULTI-MILLION DOLLAR HOMES

$1,638,594

AVERAGE PRICE OF 172 NEWLY BUILT HOMES

$1,286,199

AVERAGE PRICE OF 32 HOMES WITH A POOL

$492,939

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $1,028,525
Avg Bedrooms 3.32 beds
Avg Bathrooms 3.14 baths

Average Price by Bedrooms

1 bedroom $475,989
2 bedrooms $1,273,823
3 bedrooms $694,463
4 bedrooms $1,028,875
5 bedrooms $1,525,100
Birmingham Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 684 614 554 519 519
Average Price $1,061,020 $1,114,104 $1,139,841 $1,152,416 $1,191,705
Avg Price Change -5.00% -2.31% -1.10% -3.41% +2.63%
Median Price $794,456 $850,775 $859,313 $861,904 $896,651
Med Price Change -7.09% -1.00% -0.30% -4.03% +2.48%
Avg Bedrooms 3.27 beds 3.26 beds 3.23 beds 3.23 beds 3.24 beds
Avg Bathrooms 3.17 baths 3.22 baths 3.21 baths 3.22 baths 3.25 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 728 $1,028,525 123 days
Distressed Homes 4 $524,500 71 days
Multi-Million Dollar Homes 264 $1,868,638 180 days
Newly Built Homes 172 $1,638,594 318 days
Homes with a Pool 32 $1,286,199 78 days
Reduced Price Homes 37 $492,939 74 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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