Beachwood Home Statistics

Beachwood Home Statistics

 Beachwood Home Statistics

 

Here is a list of all single family homes that sold during the third quarter of 2009. A market summary will follow.

3204 Sulgrave Rd  $135,000
26117 N Woodland  $146,500
23818 E Baintree $147,500
24111 E Groveland Rd  $166,000
3597 Beacon Dr  $186,000
23705 E Silsby Rd  $201,000
2627 Edgewood Rd  $205,000
2574 Edgewood Rd  $217,000
2556 Elmhurst Dr  $218,700
21911 Halworth Rd  $220,000
2790 Richmond  $221,000
2178 Cedarview Dr  $254,000
24430 Shaker Blvd  $255,000
2654 Ramsay Rd  $259,000
24950 Hilltop Dr  $264,700
25916 Hendon  $280,000
24400 Shaker Blvd  $285,000
25275 Shaker Blvd  $342,256
23109 Greenlawn Ave $345,000
25224 Cardington Dr  $372,500
26550 Bernwood Rd  $455,000
2532 Fairwood Glen $470,000
2509 Fairwood Ct  $535,000
25050 Twickenham  $555,500
2255 Halcyon Rd  $650,000

MARKET ANALYSIS AND SUMMARY

The Beachwood real estate market is holding its own in 2009. Despite negative market conditions throughout the country and in many areas in Northeast Ohio, the third quarter and year to date Beachwood home statistics look fairly decent.

Overall, we had 25 single family homes sell during the third quarter in 2009 compared to 24 home sales during the same period in 2008. The average sales price was also higher this year, $295,466 compared to $287,131 in 2008.  Adding in condos, which are somewhat prevalent in Beachwood, the numbers are still similar. There were total sales of 33 during the third quarter this year compared to 35 during the third quarter last year. The average sales price was still higher in 2009, $280,126 to $274,090 last year.

Year to date figures are similar as well. So far, Beachwood has had a total of 85 home sales at an average price of $254,851. Through three quarters of 2008, we saw 76 home sales at an average price of $264,881.

With a solid tax base, excellent rated schools, an active Chamber of Commerce, and limited housing stock, Beachwood real estate is usually in demand. The Beachwood community offers ideal location with easy access to I271, great amenities, and a moderately priced housing stock. The large depreciation seen in other areas has not hit Beachwood, according to our Beachwood home statistics.

With 20 homes currently under contract, many due to transfer before the end of the year, sales figures in 2009 should end up higher than the previous year. For someone looking to buy or sell real estate in Beachwood, there should be peace of mind knowing that the Beachwood home statistics are solid.

Check out other articles of interest on Beachwood Ohio:

Beachwood Ohio Monthly Market Report April 2009

Beachwood Ohio First Quarter Market Report 2009

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ABOUT THE AUTHORS:

Dan Schuman is a proud member of the Beachwood Chamber of Commerce and has served on the Board of Directors for the past 7 years.

The Schuman Team, Amy and Dan Schuman, use 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 also specialize in luxury homes and work extensively with buyers and sellers who are relocating to Beachwood.

If you are looking to buy or sell a home in Beachwood or surrounding suburbs you can contact the Schuman Team at 216-346-3235.

 

VIEW ALL BEACHWOOD AREA HOMES FOR SALE BY CLICKING BELOW:

view all Beachwood area homes

 

CHECK OUT THE SCHUMAN TEAM’S AWARD-WINNING WEBSITE

 

Beachwood Home Statistics is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Oct,2009   

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