Birmingham Market Report

$1,172,551

AVERAGE PRICE OF 427 HOMES

$3,100,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,897,383

AVERAGE PRICE OF 202 MULTI-MILLION DOLLAR HOMES

$1,852,059

AVERAGE PRICE OF 96 NEWLY BUILT HOMES

$1,135,967

AVERAGE PRICE OF 18 HOMES WITH A POOL

$1,334,580

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $1,172,551
Avg Bedrooms 3.36 beds
Avg Bathrooms 3.31 baths

Average Price by Bedrooms

1 bedroom $393,600
2 bedrooms $746,208
3 bedrooms $974,029
4 bedrooms $1,259,421
5 bedrooms $2,287,296
Birmingham Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 456 440 467 455 446
Average Price $1,124,930 $1,090,415 $1,097,220 $1,147,651 $1,094,470
Avg Price Change +3.17% -0.62% -4.60% +4.86% -2.60%
Median Price $859,494 $840,172 $851,436 $892,695 $866,897
Med Price Change +2.30% -1.34% -4.85% +2.98% -1.82%
Avg Bedrooms 3.31 beds 3.3 beds 3.41 beds 3.5 beds 3.43 beds
Avg Bathrooms 3.19 baths 3.19 baths 3.33 baths 3.5 baths 3.39 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 427 $1,172,551 84 days
Distressed Homes 2 $3,100,000 198 days
Multi-Million Dollar Homes 202 $1,897,383 112 days
Newly Built Homes 96 $1,852,059 166 days
Homes with a Pool 18 $1,135,967 27 days
Reduced Price Homes 10 $1,334,580 61 days
Arterra Realty
Arterra Realty Michigan LLC
425 South Main Street, Suite 101
Rochester, MI 48307
248-731-0048

Arterra Realty Clinton Twp LLC
The Mall at Partridge Creek
17370 Hall Road, Suite 111B
Clinton Township, MI 48038
586-460-2040

Arterra Realty Detroit LLC
Cocoon Building
2785 East Grand Blvd
Detroit, MI 48211
248-731-0048

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