Barb Szabo's Blog: Middleburg Heights Ohio Market Report Through 5/19/09 for Condos/Clusters

Middleburg Heights Ohio Market Report Through 5/19/09 for Condos/Clusters

Below you will find Middleburg Heights Ohio market statistics for active, contingent, and pending listings, and closed listings from the first of the year. 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.

MIDDLEBURG HEIGHTS-CONDO/CLUSTERS
ACTIVE LISTINGS 43
AVG. LIST PRICE $101,460
AVG. SQFT. 11162
AVG. PRICE PER SQFT. $87.32
AVG. MARKET TIME 134


CONTINGENT 1
AVG. LIST PRICE $118,000
AVG. SQFT. 1152
AVG. PRICE PER SQFT. $102.43
AVG. MARKET TIME 51


PENDING LISTINGS 3
AVG. LIST PRICE $93,233
AVG. SQFT. 1242
AVG. PRICE PER SQFT. $75.99
AVG. MARKET TIME 211


CLOSED SINCE 1/1/09 15
AVG. LIST PRICE $168,345
AVG. SALES PRICE $155,374
AVG. SQFT. 1908
AVG. PRICE PER SQFT $80.98
AVG. MARKET TIME 150

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

where I market your home

If you would like to buy or sell a home in Middleburg Heights 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 EstateParma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex and is deemed reliable but not guaranteed.

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If you would like to buy or sell a home in the southern communities of Cleveland Ohio, 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 EstateParma Heights Ohio Real Estate and Middleburg Heights Ohio Real Estate.  Information is obtained from Neohrex (Northeast Ohio Real Estate Exchange) and is deemed reliable but not guaranteed and should be independently verified. Properties subject to prior sale, rental, or other status changes. All properties that are advertised as being listed or sold by Barb Szabo are in conjuntion with ReMax Trinity.

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Comments

Barb, it looks like things are selling, however the pendings have been on the market longer than the closed listings.

Posted by Caren Wallace-Portage Lakes Real Estate Agent (Stouffer Realty, Akron, Ohio) about 3 years ago

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