Sunday, August 12, 2007

Cleveland Real Estate News: Ohio City & Tremont Housing Sales

This covers zip code 44113, which includes Ohio City and Tremont. These 'first six months of 2007' stats represent homes listed with area brokerages.

  • There are 93 single family homes for sale in zip code 44113
  • There are 74 condos listed for sale in this zip code
  • One condo and 4 single family homes are 'contingent' and waiting to go pending to close
  • 21 single family homes are under contract and waiting to close
  • 51 condos are pending as well, and waiting to transfer title and close

Sold since January:

  • 22 condos
  • 46 single family homes
  • The average time on the market for these homes was 108 days
  • Average Ask Price was $194,425
  • Average Sale Price was $192,967
  • Average cost per square foot was $92

**There are 93 homes and 74 condos listed for sale right now, as I stated; that is quite a bit less than the West Town and West Park area stats showed in my previous post. Zip code 44113 has not seen the huge wave of listings (and maybe less foreclosures?) than some other areas.

Peace Out - 3C Copyright 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