Beachwood Oh 44122 - Home Value Report First Quarter 2011

By
Real Estate Agent with Howard Hanna Real Estate Services

Beachwood OH Real Estate 44122 - Home Value Report First Quarter 2011

 

 

Beachwood OH Real Estate

 

 

Before we discuss the state of home values in Beachwood, OH, specifically in the zip code 44122, we will first provide a list of all the homes that sold during the first quarter in 2011. Then, we will show a comparison of March 2011 to March 2010, provide a statistical comparison between the first quarter of 2011 to last year, and finally provide commentary.

27500 Cedar #809 $89,000
24105 Edgehill Dr $158,000
2930 Richmond Rd $185,000
2541 Elmhurst Dr $190,000
25940 Hurlingham Rd  $190,000
21026 Almar Dr $202,500
24707 Albert Ln $205,000
2618 Deptford Dr $217,500
12 Chelsea Ct $220,000
19 Deerfield Ln $230,000
23227 Wendover Dr $238,000
25418 Halburton Rd $290,000
24442 Meldon Blvd $360,000
2513 Fairwood Court $515,000
24875 Woodside Ln $1,100,000

 

All Sales           # of homes sold         Ave. Sales Price              

March  2011               6                        $204,500               

March  2010               8                        $259,245

First Quarter 2011     15                       $292,667

First Quarter 2010     16                       $279,685 

*source NEOHREX ( Regional MLS )

 

COMMENTARY:

It's hard to believe that the first 3 months of the year are over. Overall, the Beachwood real estate market is holding its own compared to last year. We are still not seeing a lot of direction one way or another in terms of home values, but the warming weather will hopefully spur home buying as we enter the spring market. The fact that Cleveland was recently featured as one of the top Cities To Buy A Home could also help.

Traditionally, Beachwood has a limited housing inventory, so there is typically never an over supply of homes on the market. Beachwood is also viewed as a highly desirable area in which to live and work as it offers easy access to I271, superb amenities, excellent rated schools and some of the best shopping in all of Ohio. 

Below are other articles of interest pertaining to Beachwood OH Market Reports:

Beachwood OH Real Estate - Year End Report 2010

Beachwood OH Real Estate - Bi-Annual Market Report 2010


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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 Beachwood Oh real estate and homes see  Beachwood 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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Beachwood Oh 44122 - Home Value Report First Quarter 2011 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©April, 2011

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