Real Estate Market Update for West Bloomfield, MI

Video: Real Estate Community Tour for West Bloomfield, MI

See Real estate community tour for West Bloomfield, MI
Welcome to October's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was up more than 200% from one year earlier, and down 13% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 5%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold increased more than 150% year-over-year, and decreased 11% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for West Bloomfield, MI
School Data for West Bloomfield, MI

School Name Distance Type Grades School Rating Parent Rating
St Mary's Preparatory School 0.7 mi Catholic 9-12 0 4
St. Mary's Preparatory 0.7 mi Catholic - 0 0
Our Lady Of Refuge 1.0 mi Catholic - 0 0
Our Lady Of Refuge School 1.0 mi Catholic PRESCHOOL-8 0 0
Lone Pine Elementary School 1.0 mi Public PRESCHOOL-3 0 0
Abbott Middle School 1.1 mi Public 6-8 4 3
West Bloomfield High School 1.2 mi Public 9-12 4 4
West Hills Middle School 1.4 mi Public 4-8 5 0
Doherty Elementary School 1.8 mi Public PRESCHOOL-2 4 0
Sheiko Elementary School 1.9 mi Public 3-5 3 0
Brookfield Academy - West Bloomfield 2.0 mi Private PRESCHOOL-5 0 0
West Bloomfield Transition Center 2.2 mi Public UNGRADE-UNGRADE 0 0
Orchard Lake Middle School 2.3 mi Public 6-8 4 3
Scotch Elementary School 2.3 mi Public 2-5 4 0
Gretchko Elementary School 2.4 mi Public K-2 0 5
Temple Israel Early Childhood Center 2.8 mi Private PRESCHOOL-K 0 0
Pleasant Lake Elementary School 3.1 mi Public PRESCHOOL-5 3 0
Adult Education 3.4 mi Public UNGRADE-UNGRADE 0 0
Sarah And Irving Pitt Child Development Center 3.8 mi Private PRESCHOOL-K 0 0
Frankel Jewish Academy Of Metro Detroit 3.8 mi Private 9-12 0 4
Congregation B'nai Moshe School 3.8 mi Private K-9 0 0
Project Search 3.9 mi Public UNGRADE-UNGRADE 0 0
Keith Elementary School 4.0 mi Public K-5 4 0
Walnut Creek Middle School 4.3 mi Public 6-8 4 0
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
Local Weather for West Bloomfield, MI
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.