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Solon Market Trends

Today, December 23, 2009

Median Sales Price in Solon

Embed Info
1 yr 5 yr Max
Solon median sales prices
Number of sold homes in Solon
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$165,000-47.4%$135,000$313,750$192,065
3 bedrooms$165,000-3.2%$155,000$170,500$197,500
4 bedrooms$247,500-8.7%$323,300$271,000$317,500
All properties$194,250-11.7%$258,000$220,000$286,450
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Solon Summary

The median sales price for homes in Solon OH for Sep 09 to Nov 09 was $194,250. This represents a decline of 24.7%, or $63,750, compared to the prior quarter and a decrease of 11.7% compared to the prior year. Sales prices have depreciated 32.2% over the last 5 years in Solon.

The average listing price for Solon homes for sale on Trulia was $406,922 for the week ending Dec 16, which represents an increase of 1.3%, or $5,358, compared to the prior week and an increase of 2%, or $7,865, compared to the week ending Nov 25. Average price per square foot for Solon OH was $100, a decrease of 2% compared to the same period last year.

 

Average Listing Price in Solon

Embed Info
1 yr 5 yr Max
Solon average property price
Solon – number of properties
No. BedroomsWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
1 bedroom-----
2 bedrooms$163,821-1.4%$166,079$169,427$169,427
3 bedrooms$231,273+0.3%$230,564$226,613$229,829
4 bedrooms$463,373+2.8%$450,888$444,177$446,751
All properties$406,922+1.3%$401,564$397,981$399,057
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Average Price Per Sqft for Homes in Solon

Embed Info
1 yr 5 yr Max
Solon average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$107-25.2%$83$143$130
3 bedrooms$98+6.5%$92$92$121
4 bedrooms$102-4.7%$112$107$109
All properties$100-2.0%$102$102$113
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Homes for Sale in Solon

7419 Merion Court, Solon OH
7419 Merion…
$475,000
4 br  3 ½ ba
32383 Seneca Drive, Solon OH
32383 Sene…
$329,900
4 br  2 ½ ba
32350 Cannon Road, Solon OH
32350 Cann…
$220,000
4 br  1 ½ ba
5980 Glasgow Lane, Solon OH
5980 Glasg…
$780,000
5 br  5 ½ ba
34225 Pettibone Road, Solon OH
34225 Pett…
$184,500
3 br  2 ba
33839 Hanover Woods Trail, Solon OH
33839 Hano…
$329,900
4 br  2 ½ ba
View all Solon Homes for Sale
 
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Solon

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Bentleyville
$1,000,000
$865,138
Chagrin Falls
$206,250
$498,074
Moreland Hills
$277,500
$740,998
Bedford
$121,750
$90,388
Oakwood Village
$69,000
$163,185
Walton Hills
$162,000
$221,520
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Advice

Recent Q&A in Solon, OH

Q: I am building a new home in a suburb of South-East Cleveland. Should I opt for the standard 52 Gallon Electric Water Heater or a Gas Power Vent Water? 1 answer
Q: What are the 'best' places to live in Solon? I can't figure out if it's best to live near the schools or north 4 answers
Q: how can I purchase a home as I am unemployed, but have to sell my home which would cover the cost of the new home? 6 answers
Q: I have noticed a number of foreclosures in two high-end Solon subdivisions - Thornbury and Signature of 4 answers
Q: Where can you go to find an analysis of the difference (over time) between actual selling prices and list? 5 answers

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Solon Stats & Trends

  • Solon Real Estate Overview
  • Solon Schools
  • Solon Community Info
  • Solon Home Prices
  • Solon Real Estate
  • Solon Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Solon real estate market. Find Solon properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Solon 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 Solon housing statistics are available for each Solon, 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.