Pepper Pike OH 44124 - Home Value Report First Quarter 2011

By
Real Estate Agent with Howard Hanna Real Estate Services

Pepper Pike OH  44124 - Home Value Report First Quarter 2011

pepper pike home value report 

 

Before we discuss the direction of home values here in Pepper Pike, we will first give a list of all homes that sold during the first quarter of 2011. We will show a comparison of sales for the first quarter this year compared to the first three months of 2010. We will also do a comparison of March 2011 to the previous year. Finally, we will provide commentary.

ALL HOME SALES IN PEPPER PIKE, ZIP CODE 44124 FIRST QUARTER 2011

2411 Lander Rd $114,500
29776 S Woodland Rd $175,000
29475 Bolingbrook $227,000
6220 North Pointe Dr $232,469
30899 E Landerwood $254,900
2744 Kersdale $292,000
1 Hunting Hollow Dr $325,000
32005 Fairmount Blvd $383,000
29475 S Woodland Rd $470,000
4820 Glengary $537,500
3400 Old Brainard Rd $900,000
29227 Shaker Blvd $920,000

 

 

All Sales                          # of homes sold         Ave. Sales Price 

First Quarter 2011                12                         $402,614 

First Quarter 2010                19                         $418,447

March 2011                           4                          $254,125

March 2010                           8                          $493,750

*source NEOHREX ( Regional MLS )

SUMMARY

The first quarter sales are typically a result of homes that went under contract either towards the end of 2010, or the beginning of this year. During the cold weather months, sales tend to be slower, with bargain hunters picking up lower-end homes. While sales and average sales price are both lower compared to 2010, it's too early to tell if this is a trend or simply chalk it up to really bad weather, including brutally wet and cold spring weather.

Pepper Pike real estate had a very good year last year compared to 2009, so we are looking for things to pick up during the second quarter.

 

Pepper Pike real estate will continue to be regarded by many as very desirable thanks in part to the excellent rated ( by the State of Ohio ) schools, picturesque homes on beautiful 1 acre wooded lots, and ideal location. 

Other articles of interest pertaining to Pepper Pike Oh real estate:

2010 Year End Market Report

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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 Pepper Pike Oh real estate and homes see  Pepper Pike 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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Pepper Pike OH 44124 - 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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