It's amazing to me how many times I am on a listing appointment in the Birmingham Real Estate Market and I am competing against other agents who never inform the sellers of what the current market statistics are.  How can a seller make an educated decision without knowing the facts about what exactly is going on in the real estate market.  Well those that are interested here are the latest statistics for the Birmingham Michigan Real Estate Market.

There are currently 618 Homes for sale in Birmingham, Michigan, of which 26 homes sold in the last 30 days.  That means 4% of the inventory is being sold each month.  240 homes have sold this entire year in Birmingham.  It took an average of 189 days to sell each home and if no other homes came on the market we now have 23 month supply of inventory.  Unfortunately 43 new homes came on the market last month in Birmingham, Michigan.  Last month 45 homes that were listed for sale, had their listing agreement expire and never sold.  If you are interested in searching homes for sale in Birmingham Michigan go to www.markzproperties.com.

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