Real Estate
 
REAL ESTATE NEIGHBORHOOD PROPERTY UPDATE AND MARKET DATA 
Market Update for August 2017
Although inventory has increased over last month by 5%, the inventory is still in short supply. Average year to date sales price has increased 9% over this time last year to $294K. New pending sales went down 8% causing the month supply to increase only slightly. Low end market below $200k are still turning over quickly with only 1.1 months worth of homes. Buyers in the lower price range will want to remain aggressive, while higher price ranges may have more negotiating power. 


ACTIVES
4454 Barchester Drive, Bloomfield Hills, MI 48302  - LIST PRICE $475,000 - 3494 sq. feet, 5 bedrooms, 4.1 baths
4652 Brightmore Road, Bloomfield Hills, MI 48302 -  LIST PRICE $599,999  - 3199 sq. feet, 4 bedrooms, 3.1 baths

SOLDS:
4611 Brightmore Ct., Bloomfield Hills, MI 48302      SOLD PRICE $685,000 - 3486 sq. feet  5 bedrooms, 4.2 baths
4365 Compton Way, Bloomfield Hills, MI 48302      SOLD PRICE $720,000 - 3828 sq. feet  5 bedrooms, 3.2 baths
4354 Compton Way, Bloomfield Hills, MI 48302      SOLD PRICE $549,000 - 3270 sq. feet  5 bedrooms 3.2  baths
967 Sandhurst Rd.,  Bloomfield Hills, MI  48302      SOLD PRICE $530,000 - 3538 sq. feet  4 bedrooms 3.1 baths
4327 Stoneleigh Rd. Bloomfield Hills, MI 48302       SOLD PRICE $457,500 - 2892 sq. feet  4 bedrooms 2.2 baths
4350 Stoneleigh Rd. Bloomfield HIlls, MI 48302       SOLD PRICE $449,000 - 3,067 sq. feet  4 bedrooms 2.1baths
4340 Vernor Court,  Bloomfield Hills,   MI 48302      SOLD PRICE $408,000 - 3,429 sq. feet  4 bedrooms 3.2 baths
4376 Barchester Dr, Bloomfield Hills,  MI 48302      SOLD PRICE $675,000 -  3,486 sq. feet  4 bedrooms 3 baths

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