Bentleyville Ohio Real Estate - Year End Market Report 2010

By
Real Estate Agent with Howard Hanna Real Estate Services

Bentleyville Ohio Real Estate - Year End Market Report 2010

 

Bentleyville Market Report 2010

 

This is our year end market report for real estate in Bentleyville, Ohio. We will give year end statistics for 2010 and make a comparison to 2009. We will also provide commentary.( Source of data = NEOHREX )

 

Year      # of Homes Sold        Ave. Sales Price                High                  Low

2010                       12                      $752,867               $2,500,000         $139,900

2009                       11                      $591,241               $1,000,000         $282,650

 

 

 

Selling Price Range  Quantity      Average DOM  
$120,000 thru $139,999 1 35  
$200,000 thru $249,999 1 53  
$350,000 thru $399,999 2 179  
$550,000 thru $599,999 1 28  
$600,000 thru $649,999 1 55  
$650,000 thru $699,999 1 664  
$700,000 thru $749,999 1 36  
$800,000 thru $849,999 1 213  
$900,000 thru $949,999 1 87  
$1,000,000 thru $1,249,999 1 184  
$2,500,000 thru $2,749,999 1 2  
  12 143  

 

Commentary - Overall, Bentleyville is a fairly exclusive area with a median income of approximately $200,000 and population of less than 1000 ( Source US Census Bureau ). Consequently, there are very few home sales in a given year here, and most are of the luxury home variety, those defined as exceeding $500,000.  The majority of sales occur in the Chagrin Valley Trails subdivision.

This past year was actually better in terms of the number of actual sales and average sales price compared to 2009.

Moving forward, we expect 2011 to be similar to 2010 in terms of sales and average sales price.

Bentleyville is deemed desirable thanks in part to its location, sitting between Solon and Chagrin Falls, and its upscale housing stock. People relocating to the Cleveland area find Bentleyville to be a manageable drive to both downtown and the airport. Bentleyville is also appealing to those with children as it is situated within the excellent rated Chagrin Falls School District.

 


View Bentleyville Ohio in a larger map

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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 Bentleyville Oh real estate and homes see  Bentleyville 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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