Twinsburg Real Estate - Monthly Market Report May 2010
Here is a list of all homes that sold in Twinsburg during May, 2010.
1801 Rolling Hills Dr #D | $81,000 |
1752 Westwood Dr | $84,900 |
2234 Heather Ln | $120,000 |
10390 W Cobblestone | $155,000 |
9739 Burton Dr | $239,000 |
2352 Champion Trl | $249,500 |
3074 Bierce Cir | $260,000 |
10055 Deerfield Ct | $260,000 |
9188 Davis Way | $273,000 |
3116 Darien Ln | $335,000 |
1525 Waynesboro Dr | $338,000 |
3203 Saint Mikala Ct | $360,000 |
SUMMARY
The sales of Twinsburg OH real estate are ahead of last years numbers and things should continue to be good through June 30th, the day the home buyer tax credit ends.
Overall, there were 13 homes that sold in Twinsburg last month. Here are how things compared last month to May 2009. We have also included year to date figures.
All Sales # of homes sold Ave. Sales Price
May 2010 13 $225,108
April 2009 17 $166,976
Year To Date # of homes sold Ave. Sales Price
2010 69 $196,648
2009 66 $187,195
Twinsburg real estate greatly benefited from the home buyer tax credit as evidenced by the 41 homes that are currently under contract. We anticipate next months' report, our semi-annual market report, to show in increase in both the number of sales and average sales price in Twinsburg compared to 2009.
The real question is what happens during the second half of 2010? While most experts agree that the tax credit helped fuel sales in many areas of the country, especially those with affordable housing, like Twinsburg, whether the market can sustain the increase demand in housing is debatable.
The summer season, which is typically the busiest season of the year, could help continue the momentum created by the tax credit. In addition, low interest rates and a slowly improving economy are helping people feel more comfortable with the thought of buying or selling a home.
Regardless of what happens over the next few months, a nice home that is competitively priced will stand out from the competition and be viewed as more attractive to buyers. Outdated homes that are overpriced will continue to sit and be passed by.
Below are other articles of interest pertaining to Twinsburg Real Estate:
Twinsburg Real Estate - Monthly Market Report April 2010
Twinsburg Real Estate - Year End Marketing Report 2009
Twinsburg Real Estate - Market Report February 2010
Twinsburg Real Estate - First Quarter Home Statistics 2010
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About The Authors:
This Twinsburg Ohio Real Estate Market Report is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty.
The Schumans service the Eastern suburbs of Cleveland and have worked with numerous professional athletes, business owners, and executives who are relocating to Cleveland. They specialize in the Cleveland Ohio luxury home market and also enjoy working with first-time buyers as well.
For Ohio and Twinsburg OH real estate and homes see Twinsburg real estate
If you are looking to buy or sell a home in Twinsburg or surrounding suburbs, please contact the Schuman Team at 216-346-3235.
SEE ALL TWINSBURG HOMES FOR SALE BY CLICKING BELOW:
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Twinsburg Real Estate - Monthly Market Report May 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©June2010
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