What’s Up with the Settlers Reserve Real Estate Market as of 4/30/11 (Westlake, OH)

What's Up with the Settlers Reserve Real Estate Market as of 4/30/11 (Westlake, OH) 

Finally, a weekend with sun and warm temperatures!  With more than 5 months of bad weather, could we finally have a spring? 

Our Settlers Reserve market has taken a downturn as has Westlake, OH in general.  We believe the impact on our market from weather has been significant in 2011.

 Following are market statistics for Settlers Reserve:

Homes sold from 1/1/10 to 4/30/10 = 5

2010: AvgList=$289,060; Sqft=103; List/Sqft=103; DOM/CDOM=86/86; AvgSP=$275,000; AvgSP/Sqft=98

Homes sold from 1/1/11 to 4/30/11 = 0

2011: AvgList=$N/A; Sqft=N/A; List/Sqft=N/A; DOM/CDOM=N/A;
AvgSP=$N/A; AvgSP/Sqft=N/A

As of 4/30/11, there are 8 homes in Settlers Reserve listed for sale.

TEAM PRIBISKO has lived in Settlers Reserve for nearly 28 years.  So, we are constantly reviewing the market conditions in Settlers Reserve, both as residents and Realtors.  Pat Pribisko and Steve Pribisko