Beachwood Real Estate – 2009 Year End Home Statistics

Beachwood Real Estate – 2009 Year End Home Statistics

  

 

Beachwood Home Statistics

 

Wow, what a year for the Beachwood real estate market. Here is our official 2009 Beachwood Real Estate year in review complete with a comparison to 2008.  

All Sales           # of homes sold         Ave. Sales Price              Ave. Days on Market 

2009                       116                        $259,309                             110  

2008                        94                         $254,132                              91

Highest Sale = $650,000

Lowest Sale = $66,500

 

Luxury Sales     # of homes sold        Ave. Sales Price              Ave. Days on Market

2009                        10                           $569,200                             128

2008                         2                            $564,500                               62 

*source NEOHREX ( Regional MLS )

 

Commentary: 

By looking at these Beachwood home statistics, you would never believe that we were in a recession last year. Overall sales were up almost 25% from 2008. Additionally, the average sales price also increased from 2008 as well, the first such increase since 2005.

In addition, the amount of Beachwood luxury homes that sold also significantly increased in 2009. Overall, if there was an official bottom of the housing market in Beachwood, it is well behind us at this point.

With a solid tax base, excellent rated schools, and an active Chamber of Commerce, Beachwood real estate is usually in demand. Beachwood offers its residents great location with easy access to I271, superb amenities, and access to some of the best shopping in all of Ohio. Beachwood continues to be a very desirable community in which to work and live.

Below are other articles relating to Beachwood home statistics:

Beachwood Market Report Third Quarter of 2009

Beachwood Ohio Monthly Market Report April 2009

Beachwood Ohio First Quarter Market Report 2009

Beachwood Ohio Year End review 2008

 

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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, 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 Real Estate – 2009 Year End Home Statistics is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Jan,2010

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