Berkley Real Estate Market Report, Third Quarter 2013
October 1, 2013
By the numbers:
3rd Qrt 2012
|
2nd Qrt 2013
|
3rd Qrt 2013
| |
Average Sale Price
|
$134,549
|
$155,893
|
$167,211
|
Average Sq Foot
|
1,283
|
1,188
|
1,249
|
Cost per Sq Foot
|
$104
|
$131
|
$133
|
Number of sales
|
94
|
101
|
102
|
- The 3rd quarter real estate market in Berkley is up a big 24% over the same period last year
- There was a modest 5% increase over last quarter as the market begins to normalize
- The number of houses sold stayed near the same over all three quarters in the report
Keep in mind, the 3rd quarter 2013 numbers are estimates and will be adjusted during the next report due in January of 2014. The numbers come from RealComp.
Morris Hagerman is a local real estate agent with Real Estate One in Royal Oak, Michigan. He serves Berkley and the other Woodward 5 communities, including Ferndale, Pleasant Ridge, Royal Oak and Huntington Woods. Hagerman is also a member of the Berkley/Huntington Woods Area Chamber of Commerce. You can contact him by phone at 248-854-8440, email at morrishagermanproperties@gmail.com or visit his web page.
Morris Hagerman is a local real estate agent with Real Estate One in Royal Oak, Michigan. He serves Berkley and the other Woodward 5 communities, including Ferndale, Pleasant Ridge, Royal Oak and Huntington Woods. Hagerman is also a member of the Berkley/Huntington Woods Area Chamber of Commerce. You can contact him by phone at 248-854-8440, email at morrishagermanproperties@gmail.com or visit his web page.
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