Westlake, Fairview, Shaker Heights, South Euclid Home Sales 2005-2007 Comparison

These again, are Realtor®/Broker sales. I'm comparing 2005, 2006 and 2007 sales averages from January to May 27th. This time it's Westlake, Fairview, Shaker Heights and South Euclid.

Westlake: 2007: 107 Homes and Condos Sold. Average Ask Price was $281,667. The Average Sale Price was $268,986. Average days on the market before selling was 84.

2006: 156 Homes and Condos Sold. Average Ask Price was $ 271,615. The Average Sale Price was $260,677. Days on the market for these homes was an average of 86.

2005: 159 Homes and Condos Sold. Average Ask Price was $274,836. The Average Sale Price was $265,625. Days on the market averaged out at 77.

So a fairly stable housing market in Westlake. The total number of sales is down but the ones that are selling are holding close to sale prices of a few years ago. I'm going to let you all interpret the rest lest I become one of those talking heads I see on television and yell at!

Fairview: 2007: 74 Homes or Condos Sold. Average Ask Price was $159,723. The Average Sale Price was $153,010. Days on the Market: 80.

2006: 87 Homes or Condos Sold. Average Ask Price was $148,983. The Average Sale Price was $144,424. Days on the market: 65.

2005: 86 Homes or Condos Sold. Average Ask Price was 161,833. The Average Sale Price was $156,288. Days on the market: 74.

Shaker Heights: 2007: 96 Homes or Condos Sold. Average Ask Price was $245,801. The Average Sale Price was $230,156. Days on the market: 96.

2006: 121 Homes or Condos Sold. Average Ask Price was $275,251. Average Sale Price was $265,408. Days on the market: 99.

2005: 146 Homes or Condos Sold. Average Ask Price was $251,363. Average Sale Price was $242,613. Days on market: 81.

South Euclid: 2007: 114 Homes or Condos Sold. Average Ask Price was $125,090. The Average Sale Price was $122,154. Days on the market: 92.

2006: 134 Homes or Condos Sold. Average Ask Price was $127,511. Average Sale Price was $123,583. Days on the market: 75.

2005: 136 Homes or Condos Sold. Average Ask Price was $131,812. Average Sale Price was $128,495. Days on the market: 82.

Peace Out-3C