Birmingham Market Report

$1,089,198

AVERAGE PRICE OF 391 HOMES

$819,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,891,454

AVERAGE PRICE OF 151 MULTI-MILLION DOLLAR HOMES

$1,802,833

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$1,549,580

AVERAGE PRICE OF 20 HOMES WITH A POOL

$609,500

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,089,198
Avg Bedrooms 3.45 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $312,959
2 bedrooms $691,753
3 bedrooms $772,655
4 bedrooms $1,199,848
5 bedrooms $2,276,674
Birmingham Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings n/a 353 397 512 579
Average Price n/a $1,078,880 $1,038,687 $1,069,767 $1,070,564
Avg Price Change n/a +3.87% -2.99% -0.07% -2.27%
Median Price n/a $881,659 $879,158 $849,301 $801,877
Med Price Change n/a +0.28% +3.52% +5.91% +0.56%
Avg Bedrooms n/a 3.51 beds 3.52 beds 3.47 beds 3.36 beds
Avg Bathrooms n/a 3.37 baths 3.45 baths 3.43 baths 3.34 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 391 $1,089,198 90 days
Distressed Homes 2 $819,000 15 days
Multi-Million Dollar Homes 151 $1,891,454 127 days
Newly Built Homes 65 $1,802,833 148 days
Homes with a Pool 20 $1,549,580 122 days
Reduced Price Homes 4 $609,500 44 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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