Market Conditions in 44122>Question Details

Lorenzo, Other/Just Looking in Cleveland, OH

What's the single family home appreciation rates for beachwood, shaker heights, and university heights?

Asked by Lorenzo, Cleveland, OH Wed Oct 3, 2007

Help the community by answering this question:


so far this year: the average sale price in Shaker is $258k which is down but not a lot, from last year, 1.30% decrease. The average number of days on the market is 139. I can get you more stats if you are interested. One thing to keep in mind. We are having a correction, because for a few years homes were selling at a higher increase than normal. It is something that happens in cycles.
I know that Beachwood has had fewer homes for sale than Shaker Heights in the past year; I also know that Cleveland Heights has seen a 1% or so increase in sale prices. Let me know if I can assist you more thoroughly
0 votes Thank Flag Link Sat Oct 13, 2007
I have been told by realtors to expect 0% in shaker, cleveland, richmond, and unniversity heights for the next 5 years.

Highland Heights, Concord, Bainbridge might be a different story. Not sure about the westside.
0 votes Thank Flag Link Wed Oct 10, 2007
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