Beachwood Home Statistics October 2009
Here is a list of all single family homes that sold here in Beachwood in October. A market summary will follow.
| SOLDS October 2009 |
SALE PRICE |
| |
|
| 24561 S Woodland Rd |
$145,000 |
| 2577 Elmhurst Dr |
$222,500 |
| 23608 Ranch Rd |
$222,500 |
| 24875 Shaker Blvd |
$235,000 |
| 23258 Fernwood Dr |
$252,000 |
| 2630 Buckhurst Dr |
$340,000 |
| 24602 Hawthorne Dr |
$358,000 |
| 2257 Orchard Way |
$568,500 |
MARKET SUMMARY
Last month's Beachwood home statistics look much better than those from October 2008.
Overall, we had 9 homes sell last month compared to only 7 sales in October 2008. The average sales price last month of $295,944 was also higher than in 2008, which was $174,857.
Year to date figures also indicate that 2009 is going to be better statistically than 2008. So far this year, we have had 93 sales in Beachwood at an average price of $261,557. Last year at this time, we has 83 home sales at an average price of $257,288.
While the number of sales don't seem to be a lot, Beachwood is a fairly small city with a limited housing stock. Usually, there are no more than 40-60 homes on the market in Beachwood at any given time. With a solid tax base, excellent rated schools, and an active Chamber of Commerce, Beachwood real estate is usually in demand. Beachwood offers its residents great location with easy access to I271, superb amenities, and access to some of the best shopping in all of Ohio. The large depreciation seen in other areas has not hit Beachwood, according to our Beachwood home statistics.
With 22 homes currently under contract, 2009 should end up being statistically better than last year, a good sign for the local Beachwood real estate market.
Check out other articles of interest on Beachwood Ohio:
Beachwood Market Report Third Quarter of 2009
Beachwood Ohio Monthly Market Report April 2009
Beachwood Ohio First Quarter Market Report 2009
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ABOUT THE AUTHORS:
Dan Schuman is a proud member of the Beachwood Chamber of Commerce and has served on the Board of Directors for the past 7 years.
The Schuman Team, Amy and Dan Schuman, specialize in luxury homes and work extensively with buyers and sellers who are relocating to Beachwood.
If you are looking to buy or sell a home in Beachwood or surrounding suburbs you can contact the Schuman Team at 216-346-3235.
VIEW ALL BEACHWOOD AREA HOMES FOR SALE BY CLICKING BELOW:
CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE
Beachwood Home Statistics October 2009 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Nov,2009
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