Dmitry & Maureen: Moving Metro Detroit

731 S. Bates, Birmingham MI

Someone is going to get a GREAT deal on this super home, steps out of desireable downtown Birmingham. When the home last sold in 2004, the list price was $1,395,000. Dmitry and I relisted it this week for the motivated seller at $799,990.

No, nothing is wrong with the house. It is not a foreclosure, and it is in pristine condition. It is a FANTASTIC house, completely renovated with new baths, 2 kitchens, and 2 master suites. I LOVE this house.

You can take a look at the 731 S. Bates in Birmingham on line, or, better yet, stop by Sunday afternoon at our open house from 1 to 4.

Be prepared to fall in love. I really think this home will go fast. You have been warned

Originally posted on our Birmingham Michigan Real Estate Blog

I just ran a complete search of home sales in Birmingham MI for the first three quarters of 2008. There were 243 home sales (225 sold, 18 pending sales) between January 1st and September 30th, 2008.

I decided to create a pdf file so that readers could take a look at these sales themselves. Statistics about Birmingham home prices are always skewed by the high number of $1 sales, deeds that are recorded without the actual sales price. So far this year, I counted 48 $1 sales. So basically over 20% of the home sales data is incorrect or hidden.

Unfortunately, this leads to huge distortions in the statistics we receive from our MLS and our board of Realtors. These statistics are most skewed for Birmingham and Bloomfield Hills, where the practice is most common. The numbers are consistently skewed, so we continue to use them as we have nothing better to offer.

For the downloadable compelete report, please visit miOaklandCounty.com

Someone is going to get a GREAT deal on this super home, steps out of desireable downtown Birmingham. When the home last sold in 2004, the list price was $1,395,000. Dmitry and I relisted it this week for the motivated seller at $799,990.

No, nothing is wrong with the house. It is not a foreclosure, and it is in pristine condition. It is a FANTASTIC house, completely renovated with new baths, 2 kitchens, and 2 master suites. I LOVE this house.

You can take a look at the 731 S. Bates in Birmingham on line, or, better yet, stop by today between 1 and 4.

Be prepared to fall in love. I really think this home will go fast. You have been warned ;-)

Republished from miOaklandCounty.com