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Independence Ohio Real Estate Market Report for Fourth Quarter 2009

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Real Estate Agent with RE/MAX Above & Beyond

Independence Ohio Real Estate Market Report for Fourth Quarter 2009

It is typical for the market to slow down this time of year, but we still saw an overall decline in closed and pending sale prices in 4th quarter compared to 3rd. A few exceptions here and there but not enough to say the market improved much. Much of the business in the first quarter of 2010 will have been written in the 4th quarter so it remains to be seen if we will see a little more in the way of improvement. If you're planning to sell your home in 2010, the right price will be critical.

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  INDEPENDENCE
  SINGLE FAMILY
# OF ACTIVE LISTINGS 31
AVG. SQFT. 2529
AVG. PRICE PER SQFT. $131.50
AVG. MARKET TIME 149
AVG. LIST PRICE $341,689
AVG. SALE PRICE N/A
   
# OF CONTINGENT LISTINGS 1
AVG. SQFT. 2520
PRICE PER SQFT. $86.90
AVG. MARKET TIME 126
AVG. LIST PRICE 219,000
AVG. SALE PRICE  
   
# OF PENDING LISTINGS 2
AVG. SQFT. 1766
AVG. PRICE PER SQFT $103.26
AVG. MARKET TIME 39
AVG. LIST PRICE $176,900
AVG. SALE  PRICE N/A
   
# OF CLOSED LISTINGS 12
AVG. SQFT. 2112
AVG. PRICE PER SQFT. $101.21
AVG. MARKET TIME 232
AVG. LIST PRICE $226,342
AVG. SALE PRICE $204,658

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