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Independence Ohio Real Estate Market Report For May 2009

By
Real Estate Agent with RE/MAX Above & Beyond

Below you will find the number of total active listings along with those that went into contingent, pending, and closed status for the month of May. Although foreclosures and short sales are a large part of the market, the federal tax credit has brought some new buyers into the market. If you want to sell your home this year, pricing remains critical. If you are interested in buying a home this year, speak with a qualified and reputable lender and get a pre-approval before you go house hunting.

 

  INDEPENDENCE
  SINGLE FAMILY
# of active listings 38
Avg. list price $365,288
Avg. sqft. 2875
Avg. price per sqft $125.76
Avg. market time 148
   
# of contingent listings for May 2009 1
Avg. list price $144,900
Avg. sqft. 1668
Avg. price per sqft. $83.87
Avg. market time 69
   
# of pending listings for May 2009 2
Avg. list price $299,450
avg. sqft. 2521
Avg. price per sqft. $121.54
Avg. market time 48
   
# of closed sales for May 2009 3
Avg. list price/Avg. sale price
$128,700/$123,033
Avg. sqft. 1283
Avg. price per sqft. $95.94
Avg. market time 18

Here is a sampling of where I will market your home:

where I advertise your home

If you would like to buy or sell a home in Independence Ohio or in the surrounding communities, please call me at 440-263-7496, or you may want to visit my website for more specific information on the communities I service: Brecksville Ohio Real Estate, Broadview Heights Ohio Real Estate, North Royalton Ohio Real Estate Independence Ohio Real Estate, Seven Hills Ohio Real Estate, Parma Ohio Real EstateParma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex and is deemed reliable but not guaranteed.

 

 

 

 

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