When you browse the City of Westlake website you can see they are proud of this 'best' designation. Westlake is just under 16 square miles and is within about 15 minutes to Hopkins Airport and Downtown Cleveland. Westlake has a train stop for the Norfolk and Southern RR and is close to highways like I-90 and I-480.
Cleveland State Univ., Tri C, have educational 'wings' in Westlake, and a spectrum of medical facilities like Fairview Hospital, and satelite facilities for Lakewood Hospital, The Cleveland Clinic and University Hospitals. I would say they have the medical bases covered!
There are just over 30,000 residents living in Westlake. Major employers (besides the medical facilities listed above) include: Bonne Bell, Hyland Software, Energizer and USG/American Metals
Did I mention it is a hop skip and jump to the Metro-Parks, has it's own parks, and a Recreation Center that includes five pools. Can you see why people want to live here?
How about some housing stats? I've taken results from 2005-2007. These statistics are for Broker listed homes sold between January and the end of May in each of the three years. The stats include single family homes as well as condos, because a nice supply of both types of homes exist in Westlake. Homes in Westlake are holding their value, in spite of changes that may have occurred elsewhere.
2005: 159 Homes Sold. Average Ask Price $274,836. The Average Sale Price was $265,625. Days on market for these sold homes averaged 77.
2006: 156 Homes Sold. Average Ask Price $271,615. The Average Sale Price was $260,677. The number of days on the market for these homes was 86.
January to the Present, 2007: 107 Homes Sold. The Average Ask Price was $281,667. The Average Sale Price was 268,986. Days on the market averaged out to 84 days.
So a stable housing market and under the general area average of 90 days on the market before selling. This means if you relocate to NE Ohio and choose to live in Westlake you have a vast array of homes to choose from and they are holding their value.
For a map of Westlake and it's proximity to other areas in NE Ohio, click here. Please call me if I can help you find your new home, or if you have any questions about the area!
Westlake Community Profile Information can also be found in pdf form here.
Peace Out - 3C
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