Sunday, August 12, 2007

Cleveland Real Estate: Housing Sales West Park/West Town

These are statistics for home sale activity for the first six months of this year. This post covers Westpark/Westtown, and as always, includes all home activity for homes listed with area brokerages.

  • There are 423 homes on the market as of today
  • 133 of them are 3 BR, one car garage single family homes
  • Two homes are 'contingent' but under contract
  • 80 homes have sold since January

The Averages:

  • 1,276 square feet of living space
  • The 80 homes were on the market an average of 72 days
  • Average Ask Price was $101,334
  • Average Sale Price was $97,103

**The least expensive home that sold ($18,500) and the most expensive one ($156,000) were both bank owned/foreclosure homes.

Let me repeat: there are 423 homes listed for sale with area brokerages in this neighborhood. I would say if you do not have to sell your home right now, now would not be a good time to test the waters!

Peace Out - copyright 3C 2007

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