This Northeast Ohio community is rich with history and tradition.  It offers a variety of housing options for one and all as well as abundant city resources for recreation.  The school system excels in preparing students for their college careers and beyond, and of course, it's difficult not to focus on the real estate market-which ain't too shabby, folks!

Here are the latest market statistics for the past six months:

This chart shows the active listings stats. Right now, there are 104 active listings.

This chart shows us that the sector of the market that is currently selling, meaning it's under contract is signficantly lower in price than the active listings that remain on the market illustrated in the first graphic. This tells us that homes are selling, but they are the more affordable, entry level homes. 

This chart tells us that over the last six months, the average list price of a sold home was $244,153.  It also tells us that it took an average of 131 days to get the job done and close the transaction.  Note once again the pending sales, which are the most recent contracts that buyers have written are at a lower price point.  This indicates that there are more buyers in the entry level range right now actively purchasing homes.

Of the listings that have been on the market over the last six months, this chart shows the percentages of what is active, sold and pending.  With 52% active and 47% either pending or sold, it is a somewhat balanced market.  This indicates stability and an absorption of homes out of the inventory.

This pie chart illustrates the percentages of homes that sold in a particular time frame.  Planning a move? This is the best indicator of the time it will take to get the home from "for sale" to SOLD.

Wondering how market time effects the ultimate sale price?  In this instance, not much.  Homes are holding their value and selling within 5% of list price. 

Here are some handy links for the City of Twinsburg so that you can learn more!

Twinsburg City Link

http://www.mytwinsburg.com/

 Parks and Recreation Department & Activity Offerings

http://www.mytwinsburg.com/site.cfm/currentactivityguide.cfm

Learn About Twinsburg's Roots

http://www.mytwinsburg.com/site.cfm/about-twinsburg.cfm

Stay up to date with all the happenings in and around T-Town with the City's e-newletter here

http://www.mytwinsburg.com/site.cfm/register-t-mail.cfm