The Pepper Pike real estate market got off to a decent start in the beginning of the year and has been able to hold steady as we enter the spring market.
Specifically, 6 homes sold in April 2009, which is the same number of homes that sold during the same period last year. The good news is that year to date, homes sale are up 33% in 2009 compared to last year. In addition, recent activity shows that 7 homes went under contract in April.
Here is an unofficial list of all homes that SOLD in April in Pepper Pike.
| SOLDS APRIL 2009 | SALE PRICE |
| 30699 Summit | $155,000 |
| 30550 Shaker | $247,000 |
| 3420 Lawton Lane | $260,000 |
| 32381 Meadowlark Way | $460,000 |
| 4600 Glengary | $501,500 |
| 3100 Legends Way | $610,000 |
SUMMARY
The spring market is in full force and market activity has increased throughout the area. Buyers are feeling slightly more confident as the stock market and economic reports suggest a possible end in sight of the recession.
There are serious buyers ready to make a buying decision in Pepper Pike but are just waiting to find that special home. Sellers who price their homes competitively have the best chance of selling and achieving their goals. Activity should continue to be brisk at least until mid July as many buyers with school aged children will want to be settled into their new home for the start of the school year in August.
Check out previous Pepper Pike Ohio market reports:
Pepper Pike Ohio Market Report First Quarter 2009
Pepper Pike Ohio Market Report Jan/Feb 2009
Pepper Pike Ohio Year End Market Report 2008
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ABOUT THE AUTHORS:
The Schuman Team uses their home staging expertise to sell listings quicker and for more money. The average home in the Cleveland area sold in over 100 days in 2008 and their listings sold in less than 60 days. They also specialize in luxury homes and work extensively with buyers and sellers who are relocating in or out of the area.
Click here to see all homes listed for sale in the Cleveland area. For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.
If you are looking to buy or sell a home in Beachwood, Moreland Hills, Orange, Pepper Pike, Solon or the surrounding Eastern suburbs, please contact them as they would be happy to show you why people love working with the Schuman Team.
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