Beachwood OH Real Estate – Monthly Market Report August 2010

Beachwood OH Real Estate – Monthly Market Report August 2010 

Beachwood OH Real Estate

 

Here are all home sales in Beachwood for August, 2010: 

23500 Cedar Rd $101,000
2533 S Green Rd $169,000
2500 Deborah Dr $185,000
3116 Richmond Rd  $186,500
2647 Ramsay Rd $235,000
26620 Hendon Rd $260,000
23774 Greenlawn Ave $275,000
26332 Annesley Rd $325,000
2550 Biscayne Blvd $348,000
20 Sherwood Ct $375,000
24350 Woodside Ln $750,000

 

All Sales           # of homes sold         Ave. Sales Price              

August 2010             11                      $291,773                

August 2009             13                      $271,915

YTD 2010                  68                      $269,410

YTD 2009                  79                      $262,159  

*source NEOHREX ( Regional MLS )

COMMENTARY:

Last month’s market statistics were about in line with where they were this time last year. Overall, year-to-date sales are still down compared to last year while the average home price is still up.

The local real estate market is still moving slowly, without a lot of direction either way. The beginning of the year started out strong for Beachwood real estate sales, but things have tapered off a bit as of late. Low interest rates should be causing more activity in the market, yet market statistics don’t seem to reflect this.

The fall market is now upon us and will continue until Thanksgiving. We will be reporting 3rd quater market statistics for Beachwood next month and it will be interesting to see how we compare to last year.

Beachwood has a lot to offer its residents including ideal location, with easy access to I271, superb amenities, and some of the best shopping in all of Ohio. Beachwood is viewed locally as a very desirable community in which to work and live, and those relocating to the area typically put Beachwood on their list of suburbs to consider.

Below are other articles of interest pertaining to Beachwood OH Market Reports:

Beachwood OH Real Estate – Bi-Annual Market Report 2010

Beachwood OH Real Estate – Monthly Market Report July 2010

Beachwood OH Real Estate – Year End Market Statistics 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, specialize in luxury homes and work extensively with buyers and sellers who are relocating to Beachwood.

For Ohio and Beachwood OH real estate and homes see Beachwood real estate.

For a personal consultation or to speak to The Schuman Team, call 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 OH Real Estate – Monthly Market Report August 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©August,2010

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