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Solon Real Estate - 2009 Year End Home Statistics
 
 Solon Real Estate - 2009 Year End Home Statistics


 
Here is our official 2009 Solon Real Estate year in review complete with a comparison to 2008. We will provide commentary after giving statistics. Please keep in mind that due to the merging of two different multiple listing services during 2009, the 2008 statistics below may differ slightly to last years' year end statistics.
 
All Sales           # of homes sold         Ave. Sales Price              Ave. Days on Market 
2009                       245                           $285,607                             107  
2008                       244                           $334,040                              97
Highest Sale = $785,000
Lowest Sale = $25,499
 

Luxury Sales     # of homes sold        Ave. Sales Price              Ave. Days on Market
2009                        31                            $599,060                             128
2008                        48                            $657,456                              97 
 
COMMENTARY
Actual sales in Solon real estate in 2009 were almost exactly the same as the total number of sales in 2008. The main difference is there were more homes selling in the lower price points and much fewer luxury home sales.
Overall, the local real estate market here in Solon responded quite well to the worst economy since the Great Depression. Considering that more homes actually sold this past year compared to 2008, we feel that the bottom of the market is behind us and look forward to more home ... more

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