Barb Szabo's Blog: Ohio: Independence

Independence Ohio Real Estate Market Report First Quarter 2010

The numbers you see below are fairly typical first quarter results. Some of the closed and contingent sales likely went under contract in December and early January. I have been very busy during the first quarter as is the case with many of the agents in my office. I would expect a good increase in the number of transactions in the second quarter. Although the number of transactions will increase, it remains to be seen whether or not there will be a significant increase in closed sales prices. The yellow areas represent a decrease from 4th quarter, the red an increase. Many buyers and sellers are trying to take advantage of the tax credit, which ends on April 30th 2010.

Independence Ohio Real Estate Fourth Quarter Market Report 2009

Independence Ohio Real Estate Third Quarter Market Report 2009

Independence Ohio Real Estate Second Quarter Market Report 2009

Independence Ohio Real  Estate First Quarter Market Report August 2009

Statistics show that nearly 90% of buyers and sellers start their search on line. So your home needs a strong internet presence. Below is some of my internet marketing through point2homes:

Independence Ohio Real Estate Market Report for Fourth Quarter 2009

It is typical for the market to slow down this time of year, but we still saw an overall decline in closed and pending sale prices in 4th quarter compared to 3rd. A few exceptions here and there but not enough to say the market improved much. Much of the business in the first quarter of 2010 will have been written in the 4th quarter so it remains to be seen if we will see a little more in the way of improvement. If you're planning to sell your home in 2010, the right price will be critical.

With nearly 90% of home buyers starting their search on line, your home for sale needs a strong Internet presence. I can offer you that with my Internet marketing through point2homes.com:

Independence Ohio Real Estate Third Quarter Market Report 2009

Independence Ohio Real Estate Second Quarter Market Report 2009

Independence Ohio Real  Estate First Quarter Market Report August 2009

Independence Ohio Real Estate Market Report for Oct./Nov. 2009

Below you will find the market statistics for Oct. and Nov. 2009 for Independence Ohio.The average pending active, and sold homes saw a decrease in the last 2 months.  Fourth quarter sales typically slow down and we are seeing that now. The tax credit extension should help to keep sales somewhat steady and perhaps be the catalyst for earlier sales in the first quarter of 2010, which was not the case in the early part of 2009. Pricing will continue to be key to getting homes sold.

Independence Ohio Real Estate Third Quarter Market Report 2009

Independence Ohio Real Estate Second Quarter Market Report 2009

Independence Ohio Real  Estate First Quarter Market Report August 2009

In today's market, if you are trying to sell your home you will need a strong internet presence. Below is some of my internet marketing through point2homes.com along with remax.com, realtor.com, pluggedin cleveland.com, and activerain.com

Below you will find the market statistics for Independence Ohio. We have seen a slight increase in activity due to first time buyers who want to avail themselves of the $8000 tax credit, but the Nov. 30th deadline is looming and realistically they should be under contract by about Oct. 15th. Pricing continues to be key in this buyer's market and will continue to be key as we enter the 4th quarter of this year and the first quarter of the new year.

Your home needs a strong internet presence. Below is some of my internet marketing through point2homes.com

Independence Ohio Real Estate Second Quarter Market Report 2009

Independence Ohio Real  Estate First Quarter Market Report August 2009

Below you will find the number of all active listings along with those that are contingent, pending, or closed for the month of August. There has been a definite increase in activity as first time buyers try to meet the Nov. 30th 2009 deadline for the first time buyer tax credit.

Independence Ohio Real Estate Second Quarter Market Report 2009

Independence Ohio Real  Estate First Quarter Market Report August 2009

Here is a sampling of my internet marketing:

In addition to the relatively low property taxes Independence Ohio residents enjoy, there is also a wonderful community complex. Pictured below are the community center, swimming pool, baseball diamonds, high school and field house, and kids play area.

Independence Ohio Second Quarter Market Report 2009

Indoor Activites Include:

aerobics

yoga

wrestling

tumbling

basketball leagues

basketball camps

Outdoor Activities Include:

aquatics

learn to swim- kids and adults

golf lessons

tennis

volleyball- kids and adults

little league

softball

soccer leagues

flag football

soccer camps

Below you will find all active listings plus pending, and closed sales for the second quarter of 2009. Activity has increased for me and most agents I know with a nice combination of buyers buying and listings selling. The numbers are down slightly from first quarter, but activity is steady. There are, of course many homeowners still facing foreclosure, short sales, and unemployment. As has been the case for quite some time now, if you want to sell your home, pricing is key. All information is obtained from NEOHREX and is deemed reliable but not guaranteed.

Here is a sampling of my internet marketing:

Independence Ohio Market Report for May 2009

If you would like to buy or sell a home in Independence Ohio or in the surrounding communities, please call me at 440-263-7496, or you may want to visit my website for more specific information on the communities I service: Brecksville Ohio Real Estate, Broadview Heights Ohio Real Estate, North Royalton Ohio Real Estate Independence Ohio Real Estate, Seven Hills Ohio Real Estate, Parma Ohio Real Estate, Parma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex and is deemed reliable but not guaranteed.

Below you will find the number of total active listings along with those that went into contingent, pending, and closed status for the month of May. Although foreclosures and short sales are a large part of the market, the federal tax credit has brought some new buyers into the market. If you want to sell your home this year, pricing remains critical. If you are interested in buying a home this year, speak with a qualified and reputable lender and get a pre-approval before you go house hunting.

Here is a sampling of where I will market your home:

If you would like to buy or sell a home in Independence Ohio or in the surrounding communities, please call me at 440-263-7496, or you may want to visit my website for more specific information on the communities I service: Brecksville Ohio Real Estate, Broadview Heights Ohio Real Estate, North Royalton Ohio Real Estate Independence Ohio Real Estate, Seven Hills Ohio Real Estate, Parma Ohio Real Estate, Parma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex and is deemed reliable but not guaranteed.

Below you will find Independence Ohio market statistics for active and pending listings from the first of the year and closed sales for the month of April. The "spring" market had a much slower start than last year, with concern on the part of buyers over jobs, job stability, and losses in the financial markets. The $8000 2009 home buyer tax credit has motivated first time buyers to purchase, but for those who want to move up or downsize it has been a bit more challenging. If you are thinking of selling in the near future, make sure your home is ready for the market and consider your price very carefully as it will be critical to the successful sale of your home.

You may also want to see past reports for Independence Ohio

Independence First Quarter Market Report

Independence market report 2007 vs. 2008

Here is a sampling of where I will market your home:

If you would like to buy or sell a home in Independence Ohio or in the surrounding communities, please call me at 440-263-7496, or you may want to visit my website for more specific information on the communities I service: Brecksville Ohio Real Estate, Broadview Heights Ohio Real Estate, North Royalton Ohio Real Estate Independence Ohio Real Estate, Seven Hills Ohio Real Estate, Parma Ohio Real Estate, Parma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex and is deemed reliable but not guaranteed.

Below you will find a comparison of closed sales between first qarter 2008 and first quarter 2009, for single family homes. All information is obtained from NEOHREX and is deemed reliable but not guaranteed.

If you would like to buy or sell a home in Independence Ohio or in the surrounding communities, please call me at 440-263-7496, or you may want to visit my website for more specific information on the communities I service: Brecksville Ohio Real Estate, Broadview Heights Ohio Real Estate, North Royalton Ohio Real Estate Independence Ohio Real Estate, Seven Hills Ohio Real Estate, Parma Ohio Real Estate, Parma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex and is deemed reliable but not guaranteed.