Angelo Jimen…, Real Estate Pro in 44149

Is it a good time to sell in the Strongsville area?

Asked by Angelo Jimenez, 44149 Wed May 16, 2007

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Carole Cohen, Realtor®’s answer
There are 463 homes on the market as of today, August 3rd. I think the reason Matt asked about your motivation is related to this fact. That is a lot of competition. The average sale price for the 92 homes that have sold since June 1st is $237,43 -- yes, homes have sold but there is quite the competition for those sales. If you have a compelling reason to sell or if you have to sell, it would be wise to price it competitively.
1 vote Thank Flag Link Thu Aug 2, 2007
Q: Is it a good time to sell in the Strongsville area?
A: This all depends on what quadrant you live in, style of home, price range, urgency, and your "next move".
For example: Currently, there is a pent up demand for the classic 4br 2.5bath Colonials in the $170,000-190,000 price range. The average market time is less than it has been in years and the list to sales price percentage is narrow…creating an advantageous sellers market. On the opposite side, there appears to be an over supply of homes over $300,000...however, if the seller can make up their loss in their next purchase...this may be a prudent move. We are seeing this price range swell in numbers and the demand is shrinking...thus causing prices to fall. This price range of homes is also seeing an increase of pre-foreclosures (short sales) and full foreclosures/REO (Real Estate Owned)
Strongsville remains to be a fiscally responsible city, with decent schools, and a positive vision with good leadership...thus maintaining a steady average market value.
Have a Realtor that specializes in Strongsville to do a Comparative Market Analysis to determine if you should sell or stay put
0 votes Thank Flag Link Thu Apr 28, 2011
This month February begins the Spring selling season. Buyers who want to move into their homes in JUNE after school lets out, will be pounding the pavement at this month's open houses trying to get a feel for the market. Many of them will be buying homes with delayed escrows ie meaning that they wouldn't actually purchase or transfer on the property until JUNE. Moms want their kids to be in their new neighborhoods this summer so that they have the opportunity to make buddies before school starts next September. In addition moms may want to schedule their vacations around moving dates. Now would be a GREAT time to list. Families who want to move will be looking for your larger homes and downsizers will be trying to sell their big homes so that they can find smaller homes. Be cautious about listing too high thinking that you can always come down in price..........NOT a good choice in todays market with so much inventory. Your buyer could move on to the next house which is priced right and purchase and you'll never see him again. Good Luck! Realtors provide you with great service and can show your home to out of towners during the day while you are at work. Why try to be a realtor if you can find so many good ones to service you. You may be saving a commission but you may be missing buyers!
0 votes Thank Flag Link Thu Feb 14, 2008
Whether it's a good time to sell is determined by your motivation. Why do you want to sell? Where do you want to go next? What are the reasons that your home is not for you anymore?

Be honest with yourself and find out what works for you!
0 votes Thank Flag Link Thu Jul 12, 2007
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