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From Dawn's Annual Report for Hudson, Ohio
Real Estate Review of Hudson
Despite the national  trends in the housing marketing, the community of Hudson is continuing to show a strong, stable price market although it may take slightly longer to sell.
Property values in Hudson remained steady in 2007, with the average sales price for the year staying within $1,000 of 2006 after significantly increasing  for the previous 2 years. This represents a constant increase since 2000 with the exception of 2004 when the average sale price remained constant.  The average sales price for 2000 was $292,439, increasing to $296,288 in 2001 and $299,159 in 2002.  A larger increase occurred in 2003 when the average sales price jumped to $322,387.  The market then remained flat in 2004 with an average sales price of $322,074.  The market then continued to increase to $334,439 in 2005, $342,909 in 2006 and finally to $343,505 in 2007.  The quarterly data shows that average sales prices in Hudson tend to spike during the third quarter of each year with a significant dip in the fourth quarter.
The average sale price for the 2007 was $343,505.
The total number of home sales remained constant in 2007 after a decrease in 2006. There were 319 ... more

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