Current Market Activity in Strongsville

By
Real Estate Agent with Russell Realty

Here's what's happening in Real Estate:  Here are some statistics for the month of July.  These stats are pulled directly from the Multiple Listing Service, providing us with an ‘over-view' of the activity in these communities.  It's always good to know how the market is doing. 

Strongsville:  New Listings = 121; Average List Price = $243,250; Pending Sales = 51; Average List Price of Pending Sales = $209,928; Closed Sales = 56; Average Sale Price of those Closed = $239,290, Percentage of Sale Price to List Price = 95.94%; Average Days on the Market = 72.

Comments (1)

Tim Bradford
Cleveland, OH
NMLS 250013

Like the information and its presentation.   Am a little surprised with the 95.94% percentage.   Also, As a lender I am always interested in the types of financing the borrowers obtain.    Do you have any insight into that?   Loan To Values, Fixed or Arms, and even lenders used.   Surprisingly I did a little survey of homes sold and was surprised the number of internet lenders used instead of the local banks, savings and loans and banker/brokers like myself.    One lender I saw people using was considerably higher than the local available options.  

Sep 07, 2007 06:58 AM