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Independence Ohio Real Estate Market Report for Third Quarter 2009

By
Real Estate Agent with RE/MAX Above & Beyond

Below you will find the market statistics for Independence Ohio. We have seen a slight increase in activity due to first time buyers who want to avail themselves of the $8000 tax credit, but the Nov. 30th deadline is looming and realistically they should be under contract by about Oct. 15th. Pricing continues to be key in this buyer's market and will continue to be key as we enter the 4th quarter of this year and the first quarter of the new year.

  INDEPENDENCE
  SINGLE FAMILY
# OF ACTIVE LISTINGS 49
AVG. SQFT. 2701
AVG. PRICE PER SQFT. $131.58
AVG. MARKET TIME 141
AVG. LIST PRICE $361,544
AVG. SALE PRICE N/A
   
# OF CONTINGENT LISTINGS 2
AVG. SQFT. 2115
PRICE PER SQFT. 106.56
AVG. MARKET TIME 403
AVG. LIST PRICE 203,950
AVG. SALE PRICE  
   
# OF PENDING LISTINGS 2
AVG. SQFT. 1638
AVG. PRICE PER SQFT $115.93
AVG. MARKET TIME 410
AVG. LIST PRICE $252,450
AVG. SALE  PRICE N/A
   
# OF CLOSED LISTINGS 11
AVG. SQFT. 2562
AVG. PRICE PER SQFT. $93.2
AVG. MARKET TIME 79
AVG. LIST PRICE $227,350
AVG. SALE PRICE $208,055

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