Twinsburg Real Estate – First Quarter Home Statistics 2010

Twinsburg Real Estate -First Quarter Home Statistics 2010

 

twinburg market reports 

 

Before we talk about the first quarter statistics, here is a list of all homes that sold in Twinsburg during the month of March.

 

2111 Presidential Pkwy #C20 $46,000
2021 Presidential Pkwy #F58 $52,700
2115 Presidential Pkwy #B5 $53,900
1925 Buchtel St $59,000
9071 Charles Ct $110,000
2953 Framingham Ln $142,500
9403 Gettysburg Dr $155,000
9390 Hyde Park Dr $170,000
10190 Glen Eagle Ln #6F $185,000
2539 Walton Blvd $205,000
8613 Ravenna Rd $250,000
3077 Mathers Way $296,000
2889 Haggett Dr $300,000
1830 Parker Ln $301,250
9365 Andrew Dr $305,000

 

SUMMARY

With only 8 sales in February, there were 15 sales in March, an indication that things are picking up.

Regarding the first quarter of 2010, here are how things compared to 2009:

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

2010                        33                        $185,583                             130  

2009                        37                        $192,352                              98

Moving forward, we predict that sales for 2010 will surpass the figures for 2009. The above figures merely compare first quarters, which are typically the slowest times of the year and reflect winter activity, but are not an accurate indication of the current market. A true market snapshot is better reflected by the fact that there are 44 homes currently under contract, a huge number for this early in the year.

The Twinsburg real estate market is extremely active right now, most likely a result of the home buyer tax credit which ends on April 30th. We are seeing numerous buyers bidding on the same home ( multiple offer situations ) which is an indication of increasing demand for homes in Twinsburg.

While we will most likely see a slowdown after the tax credit expires, low interest rates and improving economic indicators should help the real estate market this year.            

Below are other articles of interest pertaining to Twinsburg Real Estate:

Twinsburg Real Estate – Year End Marketing Report 2009

Twinsburg Real Estate – Market Report February 2010 

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About The Authors:

This Twinsburg Ohio Real Estate Market Reportis provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty.

The Schumans service the Eastern suburbs of Cleveland and have worked with numerous professional athletes, business owners, and executives who are relocating to Cleveland. They specialize in the Cleveland Ohio luxury home market and also enjoy working with first-time buyers as well.

For Ohio and Twinsburg OH real estate and homes see Twinsburg real estate

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

SEE ALL TWINSBURG HOMES FOR SALE BY CLICKING BELOW:

Search all Twinsburg Homes For Sale  

 CHECK OUT THE SCHUMAN TEAM’S AWARD-WINNING WEBSITE

 

Twinsburg Real Estate – First Quarter Home Statistics 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©April2010

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