Here's what's happening in Real Estate: Here are some statistics for the month of May. These stats are pulled directly from the Multiple Listing Service, providing us with an ‘over-view' of the activity in these communities. It's always good to know how the market is doing. If you have a city that you would like to know stat's on, or if you are considering selling your home and would like a more detailed Market Analysis on your property, please let us know!
Strongsville: New Listings = 130; Average List Price = $248,509; Pending Sales = 54; Closed Sales = 40; Average Sale Price = $218,771, Average Days on the Market = 73.
Berea: New Listings = 38; Average List Price = $159,507; Pending Sales = 23;
Closed Sales = 13; Average Sale Price = $135,077, Average Days on the Market = 73.
Our market has been steady during the month of June. Home Owners are still putting their properties on the market for sale and Buyers are out there buying their new homes or purchasing their next investment property.
We are all reading about the many foreclosures happening within our market. It is unfortunate for those homes that have been foreclosed upon, but for anyone looking for investment properties, there are many to choose from. There are a lot of factors to consider when purchasing an investment property, so if you or someone you know are looking for assistance with your next purchase, please don't hesitate to call us. We're here to help!
Summertime is here so get out there and enjoy! Don't forget your sun screen!
If you are interested in what is going on in your neighborhood, here are some links you should check out.
Berea: www.bereahomesales.com
Strongsville: www.strongsvillehomesales.com
Olmsted: www.olmstedhomesales.com
For a FREE Quick Over the Net Home Evaluation, try these links.
Berea: www.mybereapropertyvalue.com
Strongsville: www.mystrongsvillepropertyvalue.com
Olmsted: www.myolmstedpropertyvalue.com
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