Cuyahoga Falls Market Update For Condominiums in 2011 - here is a look at the condo market in 2011 compared to 2010.
Cuyahoga Falls Condominiums:
2011 - 74 sold - average sale price $100,676 - average days on the market 208 days.
2010 - 56 sold - average sale price $107,340 - average days on the market 178 days.
Both years the average sale price to list price was 95%.
While the number of sales in 2011 was up, so were the days on market while the average sales price was down.
Our condominium market here is always challenging and that can best be evidenced by the following data:
Current Listings Available - 69 - that is close to a 12 month supply.
Average days on the market for current condominium listings is 349 Days.
Condominiums are selling, but it is imperative that they be priced correctly and in updated, move in condition.
If you are thinking of buying or selling a Cuyahoga Falls condominium, call me. I can help.