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Mentor on the Lake Market Trends

Today, January 2, 2010

Median Sales Price in Mentor on the Lake

Embed Info
1 yr 5 yr Max
Mentor on the Lake median sales prices
Number of sold homes in Mentor on the Lake
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$111,445+79.8%$84,900$62,000$84,000
3 bedrooms$105,000-5.8%$103,950$111,500$125,500
4 bedrooms-----
All properties$100,000-8.7%$93,500$109,500$120,001
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Mentor on the Lake Summary

The median sales price for homes in Mentor on the Lake OH for Sep 09 to Nov 09 was $100,000. This represents an increase of 7%, or $6,500, compared to the prior quarter and a decrease of 8.7% compared to the prior year. Sales prices have depreciated 16.7% over the last 5 years in Mentor on the Lake.

The average listing price for Mentor on the Lake homes for sale on Trulia was $152,316 for the week ending Dec 23, which represents a decline of 0.9%, or $1,324, compared to the prior week and a decline of 1%, or $1,569, compared to the week ending Dec 02. Average price per square foot for Mentor on the Lake OH was $78, a decrease of 12.4% compared to the same period last year.

 

Average Listing Price in Mentor on the Lake

Embed Info
1 yr 5 yr Max
Mentor on the Lake average property price
Mentor on the Lake – number of properties
No. BedroomsWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
1 bedroom-----
2 bedrooms$117,061+4.3%$112,184$102,047$97,097
3 bedrooms$132,129+1.2%$130,609$133,336$135,975
4 bedrooms$316,469-0.3%$317,529$317,529$324,258
All properties$152,316-0.9%$153,640$152,946$153,885
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Average Price Per Sqft for Homes in Mentor on the Lake

Embed Info
1 yr 5 yr Max
Mentor on the Lake average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$98+46.3%$70$67$92
3 bedrooms$76-8.4%$81$83$98
4 bedrooms-----
All properties$78-12.4%$74$89$91
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Homes for Sale in Mentor on the Lake

6093 Firwood Road, Mentor on the Lake OH
6093 Firwo…
$149,900
3 br  1 ½ ba
5728 Marine Parkway, Mentor on the Lake OH
5728 Marine…
$149,900
3 br  1 ½ ba
7529 Manor Drive, Mentor on the Lake OH
7529 Manor…
$100,000
3 br  1 ½ ba
7658 Pinehurst Drive, Mentor on the Lake OH
7658 Pineh…
$124,900
3 br  1 ½ ba
6008 Thunderbird Drive, Mentor on the Lake OH
6008 Thund…
$164,900
3 br  1 ½ ba
8080 Harbor Creek Drive, Mentor on the Lake OH
8080 Harbor…
$157,500
3 br  2 ½ ba
View all Mentor on the Lake Homes for Sale
 
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Mentor on the Lake

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Nearby Cities

Cities
Median
sales price
Average
listing price
Mentor
$135,000
$224,728
Grand River
$29,900
$143,650
Painesville
$112,000
$197,597
Fairport Harbor
$81,500
$124,717
Lakeline
$210,000
$81,550
Eastlake
$93,200
$173,601
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Advice

Recent Q&A in Mentor on the Lake, OH

Q: Single Family Home To Rent In Mentor on the Lake OH 1 answer
Q: I am researching a house for sale in Mentor. How negotiable is new construction price. This house has been 3 answers
Q: Hi all-Just wondering if anyone can give some advice on the best FSBO/Flat Rate MLS websites out there? I 10 answers
Q: is the school our lady of mount carmel school wickliffe closed? 2 answers
Q: Is there a chance the first time home buyer tax credit will be extended? (I'm graduating from dental school in May, we're looking to buy 4 answers

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Nearby Cities Home Prices

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Mentor on the Lake Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Mentor on the Lake real estate market. Find Mentor on the Lake properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Mentor on the Lake average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Mentor on the Lake housing statistics are available for each Mentor on the Lake, OH neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.