Orange Real Estate – Year In Review 2016

Solon Sold homes

 

Here is our official real estate report for Orange Ohio for 2016 complete with a comparison to 2015.

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

2016                        24                         $340,220                              126

2015                        19                         $339,639                              118

Highest Sale = $887,500

Lowest Sale = $105,000

Median Sale price = $344,000

 

*source NEOHREX ( Regional MLS )

Commentary:

Orange saw an increase in home sales in 2016 and the average sales price inched up ever so slightly.

Most of last years’ sales were price under $400,000.

Buyers like Orange because of the excellent rated Orange School District. They also like the great location as it is in close proximity to local highways and shopping.

Orange is a relatively small village, so sales are usually limited to 1-2 per month.

With some new housing options and the Pinecrest shopping center opening next year, it will be interesting to see if that has any affect on home sales in Orange.

 

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ABOUT THE AUTHORS

The above information is compliments of The Schuman Team, Amy and Dan, of Howard Hanna Real Estate Services. They are specialize in luxury homes, relocation, and first-time buyers.

They can be reached at 216-346-3235 or 216-403-9189 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

The Schumans service the following Cleveland area suburbs: Aurora, Bainbridge, Bay Village, Beachwood, Bentleyville, Chagrin Falls, Cleveland Heights, Gates Mills, Highland Heights, Hunting Valley, Lakewood, Lyndhurst, Mayfield Heights, Mayfield Village, Moreland Hills, Oakwood Village, Orange, Pepper Pike, Shaker Heights, Solon, South Euclid, University Heights, Westlake, Woodmere.

Moreland Hills Real Estate – Year In Review 2016 is the property of The Schuman Team and may not be duplicated or used without their written consent.©Jan, 2017

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