Good morning everyone. Wanted to post some general Cuyahoga County housing data before I head out to my brokers open house ina a few minutes. These stats reflect sales with area brokerages and they compare April and March sales info for this year. The May results are not yet in, I have a feeling they may reflect a similar path, if sales in my office are any indication.
Between March and April, number of homes listed for sale rose 1.3%. Since January, 21,246 homes have been listed for sale. (Keep in mind this includes bank owned homes.)
The median sale price rose from $67,000 to $69,279
The average sale price for single family homes sold in Cuyahoga County rose 11% between the two months. And the average number of days on the market for these sold homes was 93 (that three month time frame is one of the things holding true over the last three years).
The average sale price for condominiums sold in Cuyahoga County in 2009 (through April) was $113,881.
I’ll be glad when we can get the stats for three months, it’s a better indicator. So I will do this again for April through June.
Peace Out – 3C
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