Beachwood Ohio Real Estate: Monthly Marketing Report April 2009

April was a somewhat slow month in the Beachwood real estate market in terms of actual sales. Specifically, 5 homes officially sold last month compared to 9 sales in April of 2008. However, there were 12 homes that went under contract in April, which is a great sign of increased buyer activity.

Here is an unofficial list of all homes that that SOLD in April 2009 here in Beachwood.

 

SOLDS APRIL 2009  SALE PRICE  
     
23707 E. Groveland $131,000  
23608 Cedar $131,500  
25805 Fairmount $160,000  
25106 Maidstone Ln $305,000  
2485 Buckhurst Dr $625,000  

 

SUMMARY

The spring market is in full force. Buyers are seriously looking and ready to commit when finding the right home. There are currently only 41 single-family homes on the market here in Beachwood, 3 of them coming on the market within the last few days.

With the stock market having a great month in April and economic indicators signifying a possible end in sight for the recession, there seems to be a little bit of renewed confidence with home buyers. In addition, the $8000 first-time buyer tax credit should help sales as well, especially in the lower-end price points.

As summer approaches, look for more sellers to put their home on the market. In addition, more buyers are likely to make a buying decision between now and July 15th, as many would like to move into their new home by the end of August, just in time for the start of the school year.

Check out previous Beachwood Ohio market reports:

Beachwood Ohio First Quarter Market Report 2009

Beachwood Ohio February 2009 Market Report

Beachwood Ohio 2008 Market Report

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ABOUT THE AUTHORS:

The Schuman Team uses their home staging expertise to sell listings quicker and for more money. The average home in the Cleveland area sold in over 100 days in 2008 and their listings sold in less than 60 days. They specialize in luxury homes and work extensively with buyers and sellers who are relocating in or out of the area.

Dan Schuman is a proud member of the Beachwood Chamber of Commerce and serves on the Board of Directors.

Click here to see all homes listed for sale in the Cleveland area.  For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

If you are looking to buy or sell a home in BeachwoodMoreland HillsOrange, Pepper Pike, Solon or the surrounding Eastern suburbs, please contact the Schuman Team as they would be happy to show you why people love working with them.

 Check out the Schuman Team’s award-winning website.

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All content is the property of The Schuman Team and may not be duplicated or used without their written consent. ©2009

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