Barb Szabo's Blog: New Hampton Broadview Heights Ohio Real Estate Market Report 2nd quarter 2010

New Hampton Broadview Heights Ohio Real Estate Market Report 2nd quarter 2010

It is not surprising to me to see low numbers for contingent and pending sales and decent numbers for closed sales, as many of those that closed were for contracts that were written before April 30th to take advantage of the tax credit. There was a noticeable slow down in May but I am now seeing activity pick up. Current rates for a 15 year fixed loan are 3.95 and 4.25 for a 30 year loan. Always consult a mortgage professional to get a clear understanding of mortgage rates.

 

New Hampton Broadview Heights Ohio Second Quarter Market Report

    NEW HAMPTON  
  CONDOS CLUSTERS SINGLE FAMILY
# OF ACTIVE 7 3 9
AVG. SQFT. 1567 2225 2534
AVG. PRICE PR SQFT $98.00 $115.52 $105.83
AVG. MARKET TIME 169 68 123
AVG. LIST PRICE $155,157 $254,957 $264,880
AVG. SALE PRICE N/A   N/A
       
# OF CONTINGENT 0 0 0
AVG. SQFT.      
AVG. PRICE PER SQFT.      
AVG. MARKET TIME      
AVG. LIST PRICE      
       
# OF PENDING 1 1 1
AVG. SQFT. 1592 2040 2175
AVG. PRICE PER SQFT. $105.21 $117.65 $103.18
AVG. MARKET TIME 79 97 224
AVG. LIST PRICE $167,500 $240,000 $224,400
AVG. SALE PRICE      
       
# OF CLOSED SALES 0 1 13
AVG. SQFT.   2670 2638
AVG. PRICE PER SQFT.   $91.76 $100.54
AVG. MARKET TIME   86 151
AVG. LIST PRICE   $259,500 $291,219
AVG. SALE PRICE   $245,000 $265,369

New Hampton condos are labeled as such to differentiate between the style of housing. They are in fact single family homes.

 

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New Hampton Broadview Heights Ohio Real Estate Market Report 1st quarter 2010

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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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