Twinsburg Real Estate – Monthly Market Report August 2010

 

Twinsburg Real EstateMonthly Market Report August 2010

 

twinburg market reports 

 

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

2005 Twinsburg $105,100
2856 Tinkers Ln #51 $110,000
1608 Ridgewood Ct $130,000
10451 Belleau Dr $170,000
10225 Darrow Rd $179,500
2251 Meadowood Blvd $216,000
2135 Demi Dr $218,000
11257 Stanley Ln $245,000
10172 Bissell Dr $294,900
10062 Bissell Dr $299,900
9128 Oakview Ct $300,000
3020 Irena Ln $320,000
3193 Abrams Dr $362,500
3070 Cabot Way $366,750
1573 Waynesboro Dr $407,500

 

SUMMARY

Real estate sales in Twinsburg OH were down last month compared to the same period of time in 2009. However, average sales price was higher than in 2009.

Specifically, we saw 15 home sales last month compared to 25 in August 2009. Here is a comparison from last August as well as updated year-to-date figures.

All Sales           # of homes sold         Ave. Sales Price 

August 2010              15                       $248,343  

August 2009              25                       $210,256

Year To Date   # of homes sold         Ave. Sales Price 

 2010                       131                      $213,357  

 2009                       136                      $196,537

Things have cooled off a little bit since the home buyer tax credit expired at the end of June. Twinsburg real estate got off to a quick start during the first two quarters of the year but the entire local real estate market has slowed considerably since then. Until last month, we have been up in total sales and average sales price compared to 2009. However, the average sales price of a home in Twinsburg has increased since last year, which we view as a positive sign.

Local buyers and those relocating to the area are finding Twinsburg to be fairly affordable compared to higher-end suburbs located nearby. The fact that Twinsburg was named the #1 Suburb by Cleveland Magazine in their most recent issue of “Rating The Suburbs” has put a spotlight on this great community and may lead to increased home sales.

We anticipate that Twinsburg real estate will continue to do better this year in terms of average sales price, compared to last year. The actual number of sale may continue to lag behind though. The fall typically sees new inventory come on the market, especially right after Labor Day. So, continued low rates and new inventory may result in increased sales, especially among move-up buyers.

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

Twinsburg Real Estate – Monthly Market Report July 2010

Twinsburg Real Estate – Bi-Annual Market Report 2010

Twinsburg Real Estate – Year End Marketing Report 2009

Twinsburg Real Estate – First Quarter Home Statistics 2010

Twinsburg Restaurants – Our Favorites

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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:

 

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Twinsburg 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. ©September2010

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