Here is a list of all homes that officially transferred in November. We will provide a summary after the list.
As predicted in recent posts, last month was a very active month in terms of home sales here in Solon. Officially, there were 22 total homes that sold in November in Solon at an average sales price of $244,427. This is almost the same exact average sales price as September and October. Last November saw only 11 sales at an average price of $248,364. These Solon home statistics indicate a trend of lower and moderate … (0 comments)
Here is a list of all homes that officially transferred in October. We will provide a summary after the list.
There were 16 total homes that sold in October in Solon at an average sales price of $241,444. This is almost the same exact average sales price as last month. Last September saw 22 sales at an average price of $314,682 . These Solon home statistics indicate a trend continuing of lower and moderate priced homes selling and higher priced homes sitting on the market. SUMMARY Overall, sales and average sales price remain lower than in 2008 … (0 comments)
Overall, June was a great month in terms of home sales in Solon, as predicted in previous posts. The large number of sales last month was a direct result of the increase in buyer activity during the Spring market. Specifically, 39 homes officially sold last month at an average sales price of $337,083. Last June, we had 36 sales at an average … (2 comments)
May was a decent month for Solon real estate in terms of actual sold homes here, evidence of things picking up during the spring market. Specifically, 13 homes officially sold last month at an average sales price of $293,639. Last year, 20 homes sold in May for an average of $309,975. Last month, only a few sales were bank owned homes, which is drastic change from the beginning part of 2009 when a large percentage of sold homes were bank owned. This means that there are less investors and bargain shoppers, and more … (0 comments)
solon market statistics: Solon Ohio Real Estate: Monthly Marketing Report April 2009
- 05/04/09 08:27 AM
April was somewhat slow in terms of actual sold homes, but was extremely busy in terms of contracts. A detailed explanation will be given in the summary comments below. Specifically, 12 homes officially sold last month compared with 18 sales in February 2008. However, a real indication of buyer activity is better measured by the fact that 34 homes went under contact in April. While most of these homes haven't transferred as this time, this does show that buyer activity is picking up. Here is an unofficial list of all homes that SOLD in April, 2009 here in Solon.
Here is how the first quarter of 2009 compares with the same time period from 2008:
Summary: The number of homes and market time aren't too far off from last year's figures. However, the average sales price is down from 2008. There are a lot more lower priced homes being sold and fewer luxury homes being sold, causing the average sales price … (2 comments)
The first quarter is now officially complete. The Solon Ohio luxury real estate market has been somewhat active so far in 2009. There have been a total of 6 luxury home sales in Solon. This is almost equivalent to the number of homes that sold during the first quarter of 2008, where we had 7 home sales.
A COMPARISON OF FIRST QUARTER HOMES SALES - SOLON LUXURY HOME MARKET 2009 VS. 2008
SUMMARY: Even though the actual number of sales in 2009 is only 1 less than last year, the … (1 comments)
solon market statistics: Solon Ohio Real Estate: Housing Market Statistics - Sold Homes 2009
- 03/15/09 08:39 AM
SOLON OHIO REAL ESTATE - HOUSING MARKET REPORT Here are a few graphs showing real estate market conditions in Solon, Ohio as of March 15, 2009. Over the last 6 months, from September 15, 2008 - March 15, 2009, 82 homes have sold in Solon. The first graph breaks down the number of homes that sold in each price range. As can be seen, more homes sold in the $100,000-199,999 price range than any other price range. However, the average price of a home in Solon over the last 6 months was $287,869, and average market time was 104 days.
The Solon Ohio luxury real estate market has been somewhat active during the first 60 days of 2009. Luxury homes in the Cleveland metropolitan area are defined as those selling for over $500,000. Thus far, 5 luxury homes have officially sold this year in Solon. This is equal to the number of homes that sold during the first 60 days of 2008 as well. However, there is a slight trend this year compared to 2008. Here is a comparison:
Note: These homes were all located in the popular luxury home subdivisions of … (3 comments)
solon market statistics: Solon Real Estate - Monthly Marketing Report February 2009
- 03/02/09 09:25 AM
February was a relatively calm month in terms of Solon real estate market activity. Specifically, 10 homes officially sold last month compared with 17 sales in February 2008. However, a real indication of buyer activity is better measured by the fact that 13 homes went under contact in February. While most of these homes haven't transferred, it is important to note that all of these homes went under contract over the last 30 days. This is a sign that there are serious buyers currently in the market to buy in Solon. Summary: Here is an unofficial list of all homes that went under contract, and a … (0 comments)
solon market statistics: Solon Real Estate- Bi-Monthly Marketing Report February 2009
- 02/19/09 12:02 PM
After seeing the snowiest month on record in January, with relatively strong sales, the weather has been a non-factor here in February. The warmer weather has had little effect so far, as market activity has tapered off a bit, but we are only half way through the month. At the midway point here in February, 9 homes have gone under contract and 5 homes have officially sold. Here is a list of all homes that recently went under contract along with their final list price.
Summary: With so much uncertainty in the market, there are still a lot of buyers on the sidelines just waiting for … (4 comments)
January was one of the snowiest months in Cleveland history as we received over 40" of snow. In addition, temperatures plummeted to a near record low of -13 in the middle of the month. Despite the weather, the Solon real estate market fared pretty well. Specifically, 9 homes officially sold last month compared with 13 sales in January 2008. However, a real indication of buyer activity is better measured by the fact that 19 homes went under contact in January. While most of these homes haven't transferred, it is important to note that … (6 comments)
SOLON LUXURY HOME STATISTICS 2008 ____________________________________________________________ Average List Price...................... .............................$703,164 Average Sale Price...................................................$664,140
Most Expensive Home Sold........................................$985,000 Average Sale Price per Square Foot.................................151.07
Average House Size (square feet)....................................4473
Average Days on Market...............................................120 Total Sold..................................................................49
PRICE BAND COMPARISONS ____________________________________________________
Luxury homes SOLD from $500,000 - $599,000........................16
Luxury homes SOLD from $600,000 - $699,000.........................17
Luxury homes SOLD from $700,000 - $799,000.........................10
Luxury homes SOLD from $800,000 - $899,000..........................5
Luxury homes SOLD from $900,000 and up...............................1
… (9 comments)
solon market statistics: Solon Real Estate- Bi-Monthly Marketing Report January 2009
- 01/17/09 02:56 AM
The weather outside may be the coldest we've seen in years, but the Solon real estate market is heating up. Naturally, it is way too early to make predictions on how our market here will end up in 2009 but the real estate market here is Solon is off to a very good start. Specifically, as we are now midway through the month of January, 13 homes have gone under contract. That is almost a home a day, an unbelievable statistic considering all of the negative news we have all seen and read regarding real estate. There were only 9 homes under contract at … (2 comments)
2008 was a good year for Solon real estate. Being ranked as the #1 suburb in the Cleveland area by Cleveland Magazine for the last 2 years and also having one of the top rated school districts in the state has kept Solon somewhat isolated from the major problems that many other local communities are having. I know what a lot of people are thinking, how could it have been a GOOD year when the media is constantly painting a picture of doom and gloom in the real estate market? Well, for starters, … (0 comments)
Welcome to our Active Rain blog, a platform we use to communicate to buyers, sellers, and other real estate professionals. We cover topics relating to real estate but discuss other subjects as well, including our local area, Cleveland, Ohio. We want everyone reading to come away feeling that the time spent here was worthwhile. Thank you for visiting our blog.
SOLON MONTHLY HOME STATISTICS NOVEMBER 2009
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