Cleveland Real Estate News

I picked four communities for today: South Euclid, University Heights, Cleveland Heights and Richmond Heights. I’m doing (again) both single family stats and multi-family (meaning two units through four units).  Most of the multi-family homes sold in these communities were two family; Richmond Hts. has a much smaller pool of multi-family so we can take that into consideration here.  And per usual, these are stats concerning 2008 home sales that were handled by area brokerages.

University Heights saw 187 single family homes sold in 2008.  There are currently 187 of them listed for sale.

There were four two families sold in University Hts and 13 are currently for sale.

Richmond Heights has 116 homes listed for sale currently. During 2008, 109 single family homes sold.

There are four two family homes listed for sale and one two family sold in 2008.

South Euclid has 270 single family homes listed for sale as of today. During 2008, 349 single family homes sold.

There were two/two family homes sold in 2008 and there are 9 multi-family homes listed for sale (all two family).

Cleveland Heightsstill has a sizable volume of homes listed for sale now: 433 single family and 32 two family homes.

During 2008, 622 single family homes sold in Cleve Hts and 53 multi-family )52/two family and one three family).