Twinsburg Real Estate - Monthly Market Report August 2010
Here is a list of all homes that sold in Twinsburg during August, 2010.
2005 Twinsburg | $105,100 |
2856 Tinkers Ln #51 | $110,000 |
1608 Ridgewood Ct | $130,000 |
10451 Belleau Dr | $170,000 |
10225 Darrow Rd | $179,500 |
2251 Meadowood Blvd | $216,000 |
2135 Demi Dr | $218,000 |
11257 Stanley Ln | $245,000 |
10172 Bissell Dr | $294,900 |
10062 Bissell Dr | $299,900 |
9128 Oakview Ct | $300,000 |
3020 Irena Ln | $320,000 |
3193 Abrams Dr | $362,500 |
3070 Cabot Way | $366,750 |
1573 Waynesboro Dr | $407,500 |
SUMMARY
Real estate sales in Twinsburg OH were down last month compared to the same period of time in 2009. However, average sales price was higher than in 2009.
Specifically, we saw 15 home sales last month compared to 25 in August 2009. Here is a comparison from last August as well as updated year-to-date figures.
All Sales # of homes sold Ave. Sales Price
August 2010 15 $248,343
August 2009 25 $210,256
Year To Date # of homes sold Ave. Sales Price
2010 131 $213,357
2009 136 $196,537
Things have cooled off a little bit since the home buyer tax credit expired at the end of June. Twinsburg real estate got off to a quick start during the first two quarters of the year but the entire local real estate market has slowed considerably since then. Until last month, we have been up in total sales and average sales price compared to 2009. However, the average sales price of a home in Twinsburg has increased since last year, which we view as a positive sign.
Local buyers and those relocating to the area are finding Twinsburg to be fairly affordable compared to higher-end suburbs located nearby. The fact that Twinsburg was named the #1 Suburb by Cleveland Magazine in their most recent issue of "Rating The Suburbs" has put a spotlight on this great community and may lead to increased home sales.
We anticipate that Twinsburg real estate will continue to do better this year in terms of average sales price, compared to last year. The actual number of sale may continue to lag behind though. The fall typically sees new inventory come on the market, especially right after Labor Day. So, continued low rates and new inventory may result in increased sales, especially among move-up buyers.
Below are other articles of interest pertaining to Twinsburg Real Estate:
Twinsburg Real Estate - Monthly Market Report July 2010
Twinsburg Real Estate - Bi-Annual Market Report 2010
Twinsburg Real Estate - Year End Marketing Report 2009
Twinsburg Real Estate - First Quarter Home Statistics 2010
Twinsburg Restaurants - Our Favorites
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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 August 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©September2010
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