Bainbridge Ohio Home Values Report - November 2010

By
Real Estate Agent with Howard Hanna Real Estate Services

Bainbridge Ohio Home Values Report - November 2010

bainbrdige home statistics

Before discussing Bainbridge Ohio home values, we will go over sales for November of 2010. Here is a list of homes that sold in Bainbridge in November 2010 with a map below indicating location. The plus sign on the map indicates multiple sales in that specific area.

  

8834 S Spring Valley Park Dr $80,000
17613 Walnut $135,500
8022 S Riverside Dr $245,000
8639 Apple Hill Rd $272,500
8754 Holly Springs Trl $278,000
16611 Mohican Trl $292,500
17408 Beech Grove $470,000
16420 Crown Pointe $632,000
8360 Woodberry Blvd $685,000

 

All Sales                          # of homes sold         Ave. Sales Price 

November 2010                      9                        $343,389  

November 2009                     11                       $253,591

YTD 2010                               113                     $308,857

YTD 2009                               95                       $319,188

*Source NEOHREX 

 

 Bainbridge sold homes November 2010

 

SUMMARY

As you can see from the figures above, sales are better than last year, although the average price of a home in Bainbridge is lower. While many surrounding areas, such as Solon and Twinsburg, have seen less  sales and a higher average sales price, the statistics in Bainbridge are the exact opposite. 

The fact that there are more sales is a always a good thing, as it indicates a renewed sense of confidence for home buyers. The drop in average home price is fairly small, so we don't see anything major to be alarmed about here.

When looking at home values in Bainbridge the statistics above should be used in conjunction with other figures. Just because the average price of a home is lower this year does not mean that every home has lost value. Every neighborhood and for that matter, every home is unique. Therefore, the best way to determine value is to compare a home to similar homes that have recently sold. A local real estate agent can assist with this.

Please look for our popular end of the year report next month. We will make a thorough assessment of the Bainbridge real estate market and give our thoughts on what to expect in 2011.

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About The Authors:

Dan and Amy Schuman live on the East side of Cleveland and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.

For Ohio and Bainbridge Oh real estate and homes see  Bainbridge Oh Real Estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235 or email.

   

Homes For Sale in Cleveland OH What's my Cleveland Home Value

 

  

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Bainbridge Ohio Home Values Report - Noevember 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©December, 2010

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