Cleveland Real Estate News

I have two zip codes to report on today (had to do  comp work for a client  so I decided to continue it on by posting the results here). The drill for these homes and the activity on them for April 2008: They are all listed with area brokers therefore show up on our MLS (NORMLS) computer service.

44102

There are 330 active listings for sale as of today

There are 3 homes contingent or waiting for loans or inspections to go through.  (Actually two single family homes & a cool loft condo on W. 75th)

There are 49 homes pending or waiting to close. They range from a 784 sq. ft. house that was listed for $1,500 (!) to a $1,250,000.00 home on the Lake (quite a spread eh?)

There were 24 homes sold in April. They ranged from a 1,798 sq ft house which sold for $4k and a 4 bedroom home on Franklin that sold for $245k.  They also include a few of the Battery Park condos.

The average sale price for April was $46,344  and the number of days (on average) these homes were on the market was 36. (not bad!)

44113

There are 205 homes for sale as of today, in this zip code.

There is one contingentt sale listing, a Bergen Village (Tremont) town home.

There are 26 homes waiting to close or pending. They range from a $14,900 home to a $359,000 town home. Among these pending sales are condos & town homes in Bergen Village, Fries & Schuele and Stonebridge.

There were 6 homes sold this month.  They were on the market an average of 110 days only (not bad). They range from a 1700 sq ft home on W. 32nd that sold for $6,000 to  a $179,000 condo sold in Stonebridge.

There were 3 single family homes sold (all under $50k) and three condos/town homes sold. The average sale price was $93,532.

Peace Out – 3C   (Twinsburg & Solon coming later today, by request)