Cleveland Real Estate News

The short answer seems to be yes. I’m sure you’ve read print, web and tv reports about the National housing market having more activity (buyers writing offers) this year – and same media reporting on NE Ohio sales being highest in last few years.

Made sense to me to put that to the test and to make it more real (to me, anyway), check to see what specific communities looked like in this comparison.

I picked 12 random communities (east, west, south, etc). The interesting thing is, all 12 communities improved.

So here are some stats for June through August sales comparing 2008 to 2009 during that period of time. These stats include single family and condo sales. For ‘pending,’ I included contingent sales and sales already through mortgage and inspection process, true pendings.

Lakewood:        2009=85  2008=54

Rocky River:    2009=38  2008=27

Fairview:          2009=37   2008=27

Westlake:           2009=52     2008=44

Old Brooklyn:  2009=57    2008=46

Cleve Hts:         2009=95     2008=68

Shaker Hts:      2009=58    2008=44

So. Euclid:       2009=64    2008=42

Strongsville:  2009=73    2008=68  (close)

No. Olmsted:  2009=63    2008=53

Parma:              2009=132  2008=107

Solon:                2009=40   2008=20 

Peace Out – 3C

Futher reading:  National Info on Ohio.com

PS: every story I read attributed the increase, in part, to First Time Home Buyer Federal Tax Credit.  I agree.