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MacIntosh Farms Broadview Heights Ohio Real Estate First Quarter Market Report 2010

By Barb Szabo, CRS

Real Estate Agent with RE/MAX Above & Beyond

April 05, 2010 01:39 AM

MacIntosh Farms Broadview Heights Ohio First Quarter Market Report 2010

The numbers you see below are fairly typical first quarter results. Some of the closed and contingent sales likely went under contract in December and early January. I have been very busy during the first quarter as is the case with many of the agents in my office. I would expect a good increase in the number of transactions in the second quarter. Although the number of transactions will increase, it remains to be seen whether or not there will be a significant increase in closed sales prices. The green areas represent a decrease from 4th quarter. Many buyers and sellers are trying to take advantage of the tax credit, which ends on April 30th 2010

MacIntosh Farms First Quarter Market Report 2010

		MACINTOSH FARMS
	CONDOS	CLUSTERS	SINGLE FAMILY
# OF ACTIVE	12	5	8
AVG. SQFT.	1781	1967	3126
AVG. PRICE PR SQFT	$99.50	$134.36	$110.14
AVG. MARKET TIME	155	207	157
AVG. LIST PRICE	$170,742	$278,080	$340,418

#OF CONTINGENT	1	0	1
AVG. SQFT.	1890		2782
AVG. PRICE PER SQFT.	$70.32		$120.38
AVG. MARKET TIME	41		24
AVG. LIST PRICE	$132,900		$334,900

# OF PENDING	1	2	0
AVG. SQFT.	1751	2008
AVG. PRICE PER SQFT.	$102.74	$109.54
AVG. MARKET TIME	248	57
AVG. LIST PRICE	$179,900	$219,950
AVG. SALE PRICE

# OF CLOSED SALES	2	3	1
AVG. SQFT.	1759	2301	3600
AVG. PRICE PER SQFT.	$91.53	$110.73	$95.00
AVG. MARKET TIME	134	171	57
AVG. LIST PRICE	$147,400	$269,933	$354,777
AVG. SALE PRICE	$142,500	$251,667	$342,000