Twinsburg Real Estate – Monthly Market Report May 2010

 Twinsburg Real Estate – Monthly Market Report May 2010

 

 

twinburg market reports 

 

Here is a list of all homes that sold in Twinsburg during May, 2010.

 

1801  Rolling Hills Dr #D $81,000
1752 Westwood Dr $84,900
2234  Heather Ln $120,000
10390  W Cobblestone $155,000
9739  Burton Dr $239,000
2352  Champion Trl $249,500
3074  Bierce Cir $260,000
10055  Deerfield Ct $260,000
9188  Davis Way $273,000
3116  Darien Ln $335,000
1525  Waynesboro Dr $338,000
3203  Saint Mikala Ct $360,000

 

SUMMARY

The sales of Twinsburg OH real estate are ahead of last years numbers and things should continue to be good through June 30th, the day the home buyer tax credit ends.

Overall, there were 13 homes that sold in Twinsburg last month. Here are how things compared last month to May 2009. We have also included year to date figures.

All Sales           # of homes sold         Ave. Sales Price 

May 2010                 13                        $225,108  

April 2009                 17                        $166,976

Year To Date   # of homes sold         Ave. Sales Price 

 2010                       69                        $196,648  

 2009                       66                        $187,195

 

Twinsburg real estate greatly benefited from the home buyer tax credit as evidenced by the 41 homes that are currently under contract. We anticipate next months’ report, our semi-annual market report, to show in increase in both the number of sales and average sales price in Twinsburg compared to 2009.

The real question is what happens during the second half of 2010? While most experts agree that the tax credit helped fuel sales in many areas of the country, especially those with affordable housing, like Twinsburg, whether the market can sustain the increase demand in housing is debatable.

The summer season, which is typically the busiest season of the year, could help continue the momentum created by the tax credit. In addition, low interest rates and a slowly improving economy are helping people feel more comfortable with the thought of buying or selling a home.

Regardless of what happens over the next few months, a nice home that is competitively priced will stand out from the competition and be viewed as more attractive to buyers. Outdated homes that are overpriced will continue to sit and be passed by.  

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

Twinsburg Real Estate – Monthly Market Report April 2010 

Twinsburg Real Estate – Year End Marketing Report 2009

Twinsburg Real Estate – Market Report February 2010 

Twinsburg Real Estate – First Quarter Home Statistics 2010

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About The Authors:

This Twinsburg Ohio Real Estate Market Report is 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 – Monthly Market Report May 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©June2010

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