Cleveland Real Estate News

The Buzz on 21st Century Cleveland

Cleveland Real Estate News random header image

Multi-Family Cleveland Housing Stats Part Two

November 26th, 2008 · No Comments

Today I’m covering two more west side zip codes, 44109 (which includes Old Brooklyn) and 44135 (which includes Kamm’s Corner). Per usual, these stats cover homes listed with area brokerages. I’m still looking at home stats from March 1st until today. Multi-family  means we are looking at  two through four family homes.

44109

There are 78 multi-family homes listed for sale today

Nine homes are contingent sales or waiting for inspections or loans to be finalized. 23 homes are pending sale, or waiting to close. That means 32 homes are under contract but not yet closed.

68 homes sold since March 1st.

The most economical sale was for $7000 – a double on Holmden in Tremont. The highest sale price went to a home on Montclair (off Broadview). It sold for $125,000. The average sale price for multi-family homes in this zip code was $29,466 and $13/square foot. The average number of days these homes were on the market was 76.

44135

There are only four multi-family homes listed for sale as of today; there are none under contract, either pending or contingent.

There have been six multi-family homes sold in this zip code since March 1st. The least expensive home was sold for $6,900 – a double on Grimsby (off Bellaire). The highest sale price of the six was for a double on Aldene which is  just west of W 150th Street. 

The average sale price was $52,142 and $23/square foot.  These sold homes had been on the market an average of 117 days.

For part one (yesterday’s post) you can read here.  Peace out – 3C

Share

Tags: Cleveland Home Sales · Cleveland Real Estate · housing trends · neighborhood news

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment