Solon, Ohio Real Estate: Home Inventory Report of June 22,2010

Author: Jim Norbuta  //  Category: Cleveland Real Estate, home buyers, solon

The following information is for homes in Solon, Ohio and within the Solon School District.   This information is general in nature and can vary widely by individual communities within Solon.

        Price Range #of Active & Contingent # of Pending & Closed Current Inventory
$100,000 – $200,000                           60                       93     8 months
$200,001 – $300,000                       66                       66    12 months
$300,001 – $400,000                       32                       41     9 months
$400,001 – $500,000                       24                       30    10 months
$500,001 +                       54                       28    23 months

 

 Total Homes FOR SALE           236
 Average SOLD per month             21.5
 Months of Inventory             11

 

FindingClevelandHomes.com website contains information on mortgage rates, lenders, and local community groups.  Our services are designed for Cleveland Executive Relocation & the Cleveland Luxury Home Market and are provided to all of our clients.  Buying or selling real estate in the Cleveland Ohio area?  Contact us:  440-708-0561

Jim & Joan Norbuta, Realtor®
ACCREDITED BUYERS REPRESENTATIVE

RE/MAX TRADITIONS
REALTY RELOCATION SERVICES, INC.                                                                                                                                                                                       RE/MAX RELOCATION
OUR PEOPLE MAKE A DIFFERENCE ONE MOVE AT A TIME ®

Serving the Greater Cleveland communities of Aurora, Auburn, Bainbridge Township, Chagrin Falls, Solon, Twinsburg, and all of the Chagrin Valley.

City of Solon, Ohio Home Inventory Report

Author: Jim Norbuta  //  Category: Ohio, RE/MAX, Relocation, home buyers, solon

The following information is for homes in Solon, Ohio.  This information is general in nature and can vary widely by individual communities within.

        Price Range #of Active & Contingent # of Pending & Closed Current Inventory
$100,000 -$200,000                           55                       96    7 months
$200,001 – $300,000                       66                       72    11 months
$300,000 – $500,000                       53                       71      9 months
$500,000 +                       48                       35    16 months

 

 Total Homes FOR SALE           222
 Average SOLD per month              23
 Months of Inventory              10

 

FindingClevelandHomes.com website contains information on mortgage rates, lenders, and local community groups.  Our services are designed for Cleveland Executive Relocation & the Cleveland Luxury Home Market and are provided to all of our clients.

Jim & Joan Norbuta, Realtor®
ACCREDITED BUYERS REPRESENTATIVE

RE/MAX TRADITIONS
RE/MAX RELOCATION
OUR PEOPLE MAKE A DIFFERENCE ONE MOVE AT A TIME ®

Serving the Greater Cleveland communities of Aurora, Auburn, Bainbridge Township, Chagrin Falls, Solon, Twinsburg, and all of the Chagrin Valley.  Call us for referrals to outstanding RE/MAX agents in other communities

Information Source for Cleveland Real Estate & Solon Real Estate

Author: Jim Norbuta  //  Category: Ohio, RE/MAX, Real Estate, Relocation, solon

City of Solon Ohio

INVENTORY REPORT FOR March 7, 2010

Price Range                  Active&Contingent        Pending& Sold     Current Inventory
$100,000 – $200,000          48                                       46                         6 months
$200,001 – $300,000          50                                       29                           10 months
$300,001 – $500,000          41                                        31                             8 months
$500,001 +                        47                                          7                                40 months

Total Homes for Sale 186
Average Sales/Month 19
Months of Inventory 10

In less than 4 months, inventory levels for homes have increased dramatically.  There is now a 10 month inventory of homes, as opposed to 6 months inventory in mid-November 2009.  This is not unusual, as listings have increased and sales decreased over the winter months.  While the homes priced under $500,000 had increases of approximately 3 months each, the same cannot be said for the Solon Luxury Home market.  Inventory levels here increased from 12 months to 40 months. 

If you are looking to purchase a home in the next few months, please give us a call. We show all properties listed by any real estate broker and most homes for sale by owner in the Cleveland real estate market.  Most importantly, our purchase analysis for buyers includes the street, neighborhood, and the local community.

For families and individuals involved in a Cleveland relocation home purchase, you’re timing is still very good.  Homes in Cleveland Ohio are among the most affordable of the major metropolitan areas in the USA.

Our website contains information on mortgage rates, lenders, and local community groups. Our services are designed for Executive Relocation & Luxury Home Market and are provided to all of our clients in the Cleveland, Ohio area.

There are many excellent Cleveland Realtors®. Thank you for your consideration of our services.

Jim & Joan Norbuta