WHAT EVERY HOME BUYER AND SELLER SHOULD KNOW

44022 CHAGRIN FALLS 44023

INVENTORY REPORT FOR JUNE 12, 2009

Dollar Price Range      Active & Contingent Listings     Pending & Sold Listings  Current Inventory (months)

$150,000 - 300,000                 163/13                                  17/53                            15 

$300,001 - 500,000                 163/10                                  14/40                            19

$500,001 +                              179/6                                   10/13                            48

                                            _________                               ________                       _______

                                             505/29                                   41/106                          21.8

                        Total Homes for Sale                 534

                        Average Sales/Month                24.5 

                        Months of Inventory                  21.8

                        Pure and simple, there are a lot of homes for sale in CHAGRIN FALLS.  The above numbers may be eye openers for many of you. 

                        If you are currently selling your home, you are probably very well aware of them.  Most importantly, ALL BUYERS AND SELLERS should be aware of them for your street, neighborhood, and community.  The numbers can change dramatically by location, even within your local community.

                        If you are looking to purchase a home in the next few months, please give us a call.  We show all properties listed by any real estate broker and most for sale by owner homes.  Most importantly, our purchase analysis for buyers includes the street, neighborhood, and the local community facts.

                       If your interest is in homes priced above $500,000, the above chart indicates an inventory of 4 years.  If you are ready to negotiate, there are excellent values available in every price range.

                       For families and individuals involved in a relocation or transfer, you're timing couldn't be any better.  The Greater Cleveland Community has so much to offer and is one of the most affordable major metropolitan areas in the country.

                       Our website contains information on mortgage rates, lenders, local community groups, details about us and our services, and helpful information for living or moving to the Chagrin Valley.   Check out our website now:           YourClevelandRealtors.com

                        Jim & Joan Norbuta

                        RE/MAX Traditions