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Birmingham Market Report

$1,200,965

AVERAGE PRICE OF 526 HOMES

$1,995,657

AVERAGE PRICE OF 234 MULTI-MILLION DOLLAR HOMES

$1,743,307

AVERAGE PRICE OF 180 NEWLY BUILT HOMES

$1,567,394

AVERAGE PRICE OF 17 HOMES WITH A POOL

$651,842

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $1,200,965
Avg Bedrooms 3.24 beds
Avg Bathrooms 3.26 baths

Average Price by Bedrooms

1 bedroom $632,044
2 bedrooms $1,484,375
3 bedrooms $849,500
4 bedrooms $1,121,967
5 bedrooms $1,641,450
Birmingham Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 536 603 670 650 645
Average Price $1,161,152 $1,143,478 $1,099,569 $1,124,551 $1,141,146
Avg Price Change +1.55% +3.99% -2.27% -1.48% +0.62%
Median Price $874,982 $868,828 $805,501 $833,012 $824,407
Med Price Change +0.71% +7.86% -3.42% +1.04% +3.79%
Avg Bedrooms 3.24 beds 3.34 beds 3.34 beds 3.33 beds 3.35 beds
Avg Bathrooms 3.21 baths 3.24 baths 3.21 baths 3.21 baths 3.26 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 526 $1,200,965 143 days
Multi-Million Dollar Homes 234 $1,995,657 180 days
Newly Built Homes 180 $1,743,307 255 days
Homes with a Pool 17 $1,567,394 89 days
Reduced Price Homes 14 $651,842 88 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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