Fourth Quarter 2012 to 2013 Real Estate Market Report for Select Communities
Community
|
Average Sale Price
|
Average Square Foot
|
Number of Units
|
Average Price/
Square Foot
| |
Berkley 2012
|
$144,381
|
1,267
|
91
|
$114
| |
Berkley 2013
|
$164,330
|
1,241
|
91
|
$132
| |
Change
|
114%
|
98%
|
100%
|
116%
| |
Huntington Woods 2012
|
$305,114
|
2,417
|
18
|
$126
| |
Huntington Woods 2013
|
$445,352
|
2,680
|
19
|
$166
| |
Change
|
146%
|
111%
|
106%
|
132%
| |
Pleasant Ridge 2012
|
$238,620
|
2,094
|
10
|
$114
| |
Pleasant Ridge 2013
|
$212,390
|
1,527
|
11
|
$139
| |
Change
|
89%
|
73%
|
110%
|
122%
| |
Ferndale 2012
|
$83,123
|
1,201
|
107
|
$6900
| |
Ferndale 2013
|
$101,210
|
1,122
|
127
|
$90
| |
Change
|
122%
|
93%
|
119%
|
130%
| |
Royal Oak 2012
|
$165,282
|
1,344
|
298
|
$123
| |
Royal Oak 2013
|
$191,990
|
1,368
|
316
|
$140
| |
Change
|
116%
|
102%
|
106%
|
114%
| |
Madison Heights 2012
|
$58,447
|
1,080
|
98
|
$54
| |
Madison Heights 2013
|
$79,016
|
1,093
|
90
|
$72
| |
Change
|
135%
|
101%
|
92%
|
134%
| |
Southfield 2012
|
$74,579
|
1,762
|
205
|
$42
| |
Southfield 2013
|
$107,420
|
1,822
|
177
|
$59
| |
Change
|
144%
|
103%
|
86%
|
139%
| |
All date from MLS, January 2014
|
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