Cleveland Real Estate News

I love Berea because it’s a great mix of the old and new.  It started out with a huge sandstone factory/quarry, added a substantial globe-making industry (sold mostly to schools), has a small town feel (with only about 19,000 residents as of the 2000 census) yet lots of modern housing.  It’s the home of the Browns training complex, Baldwin Wallace College, and the Berea Fairgrounds.  You see what I mean? A great mix of the old and the new.  The railroad was also an integral part of Berea’s history.

Besides all the available outdoor recreation in Berea, how can you entertain yourself?  I used to drive to Perkins becauses they had a Pac Man machine in the lobby — okay, I digress, but it entertained me!

Berea Farmers Market

CornerStone Brewing Company

Bucci’s Restaurant

More here.

How has housing fared in 2010 in Berea? Let’s find out by looking at single family housing trends.

There are currently 115 single family homes listed for sale.  Healthy inventory, not huge.  The lowest priced listing is a $38k 3br/1bath home on High Street.  The highest priced listing is $690,000 for a home on Quarry Stone (there is that quarry reference).  It has an indoor pool and three level deck and apparently a lot more for that price!

Also listed:  a pretty 4BR/3bath ranch on Bonds Pkwy listed at $234,900.

What have buyers recently found attractive enough in Berea to write a purchase offer?  There are 26 homes waiting to close and transfer title/ownership. This inclueds a 2BR/2Bath ranch on Bonds Pkwy listed at $139,900 (we won’t know the final sale prices on these ‘pending 26′ until they close).  It also includes a 3BR/2bath home on Butternut Lane with 1770 SF of living space; a classic 1877 built colonial listed at $139,900 on E. Bridge. And a spectacular (curb appeal) 1893 built colonial with seven gables on the roof, thus called The House of Seven Gables. 

Sold in the last six months?  105 single family homes.  The average sale price was $111,517.  The average square foot price was $75. 

For $70,000 you could have gotten a 4BR 1 1/2 bath colonial with a 2 car garage on Daisy (near Front and Bagley).

For $97,175 you could have had a 3BR 2BA ranch built in 1961 on Fair Street (near Sprague and Prospect)

For $137,500 you could have bought a 1964 Schmidt built ranch on Race Street with 3BR/2BA and a very much modernized kitchen.

For $159,9k you could have bought a 4BR/3BA contemporary ranch on Cranston with an in-law suite and a pool.

$167k could have gotten you a 3BR/2BA 1418 sq ft colonial on West Street with breathtaking old world woodworking (and a grand staircase) and a totally updated and modern kitchen.

For $240k you could have gotten a bank owned home on Stonesthrow (great name, no?).  it has almost 2900 sq feet of living space. 

Berea is close to I-71 or the Turnpike so good access to highways should you need them.

Peace Out – 3C