It’s the weekend, and February is history, so it must be time for sales stats. Here is information on the City of Cleveland West Side sales figures for February 2007 – and I am comparing them to February 2006 information. Our computer system breaks the areas up into four sections. I will do two sections here and two in the next post. The first section includes but is not limited to: Kamm’s Corners, and homes South of Puritas and West of 130th.
February 2007: 21 Homes sold with an average time on the market of 100 days. Average Ask Price was $126,286, the Average Sale Price was $122,027. The Average Sale Price Per Square Foot was $85/sf.
February 2006: 17 Homes sold with an average time on market of 74 days. Average Ask Price was $109,199, the Average Sale Price was $105,041. That averaged out to $85/square foot.
The next area includes but is not limited to: the Baltic Road area, and homes between Lorain and Puritas.
February 2007: 28 Homes sold with an average time on the market of 78 days. Average Ask Price was $65,178, the Average Sale Price was $61,330. That comes to $49/square foot.
*There are 289 homes for sale right now in this area.
February 2006: 27 Homes sold and were on the market an average of 74 days. Average Ask Price was $71,962, the Average Sale Price was $68,860. That comes out to $50/square foot.
*There are 404 homes for sale in this area right now.
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