Is Birmingham, MI 48009 a buyer’s or seller’s market?
Birmingham is a seller’s market. With about 2.9 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.9Under 4 months = seller’s market
Sold above original list23.8%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$377▲ +7.8% vs. last year
Run the numbers for 48009
Nearby markets
Auburn Hills 48326Seller’s market $187 /sq ftBerkley 48072Seller’s market $227 /sq ftBloomfield Hills 48301Seller’s market $271 /sq ftBloomfield Hills 48302Seller’s market $229 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology