Cleveland Real Estate News

A former client emailed me today to ask about sales.  There is a lot of media coverage on sales, including whether or not the market has improved.  Some are quoting 52% increases here.  Well, let’s be a little more realistic lol.

Anyway, I’m examining 2010 sales compared to 2009, so I’m using the same time frame, Jan through July 15th for each year.  I’m covering single family (which includes town homes), condos and multi-family.

Multi-family sales are definitely down in this zip code, for both years.  But I will let the stats I just pulled out speak for themselves, regarding sales comparisons for each year.

2009    Single Family Home Sales.  25 sold, the average sale price was $165,386 and $99/square foot.

2009    Condo Sales.  13 sold with average sale price of $194,991 and $173/square foot.

2009   Mulit-Family Home Sales.  15 sold.  The average sale price was $27,757 and $12/square foot.

2010    Single Family Home Sales.  36 sold.  The average sale price was $150,325 and $83/square foot.

2010    Condo Sales.  19 condos sold. The average sale price was $184,568 and $152/square foot.

2010   Multi-Family Home Sales.  12 sold.  Average sale price was $43,218 and $17/square foot.

If you have a zip code you’d like me to examine (or NE Ohio city), let me know.  Peace Out – 3C