Seven Hills Ohio Fourth Quarter Market Report for 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.
| SEVEN HILLS | |
| SINGLE FAMILY | |
| # OF ACTIVE LISTINGS | 79 |
| AVG. SQFT. | 2022 |
| AVG. PRICE PER SQFT. | $104.3 |
| AVG. MARKET TIME | 181 |
| AVG. LIST PRICE | $204,173 |
| AVG. SALE PRICE | N/A |
| # OF CONTINGENT SALES | 3 |
| AVG. SQFT. | 1931 |
| AVG. PRICE PER SQFT. | $84.69 |
| AVG. MARKET TIME | 107 |
| AVG. LIST PRICE | 136,233 |
| AVG. SALE PRICE | |
| # OF PENDING LISTINGS | 9 |
| AVG. SQFT. | 1494 |
| AVG. PRICE PER SQFT | $117.73 |
| AVG. MARKET TIME | 122 |
| AVG. LIST PRICE | 81,678 |
| AVG. SALE PRICE | |
| # OF CLOSED LISTINGS | 30 |
| AVG. SQFT. | 1906 |
| AVG. PRICE PER SQFT. | $86.76 |
| AVG. MARKET TIME | 102 |
| AVG. LIST PRICE | $168,665 |
| AVG. SALE PRICE | $159,136 |
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 the marketing I provide through point2homes.com:
Seven Hills Ohio Real Estate First Quarter Market Report 2009
Seven Hills Ohio Real Estate Second Quarter Market Report 2009
Seven Hills Ohio Real Estate Third Quarter Market Report 2009
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 Estate, Parma 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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Hopefully Seven Hills sellers, and sellers in other venues, will get the message that price is key. More importantly, hopefully sellers proactively heed their agents price recommendations in this first quarter, before rates increase and the tax credit expires. And, oh yes, and before all those REO's hit the markerplace.
Hi Barb~ The same holds true in most markets! The right pricing is key! There is no escaping it!
Hi Mark, That is my hope as well as we have all heard about the new wave of foreclosures soon to hit.
Hi Vickie, Hope you had a nice Christmas and Happy New Year to you! Thanks for stopping by.
Barb--Nice job with the market report for Seven Hills! Pricing is alway key!
Thanks Teri. The first quarter will be very interesting.
Barb...For the start of this new year, I hope some people are willing to readjust some pricing figures...Best of fortune to you...
Barb, it looks like an average of 10 sales per month....sounds good in a slow market... go get 'em girl!!
Barb nice work provided the local market stats to those in your area that follow Real Estate!