Housing Market Report for November

Birmingham Bloomfield Hills are included in the MIDWEST area

The Market for November showa that closed sales were down from November 2006 18.9 percent which is actually better than last month which was down by 21.7 percent. Even though the Midwest show as down 1.6 percent two of the areas are showing and increase in home prices. Granted theat increase is small be at least it is an increase.

REAL Trends Housing Market Report – November 2007 vs. November 2006

               Closed Sales Units    Average Sales Price

 

National         Down 18.9%           Down 1.6%
 
Regional
  Northeast     Down 11.8%           Up 2.5%
  South          Down 33.9%           Down 0.8%
  Midwest       Down 14.1%          Down 1.6%
  West           Down 29.1%           Up 0.3%

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