Cleveland Real Estate And More

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Wordless Wednesday - Shadow Lake Solon Ohio

Shadow Lake, Solon Oh - This was taken at the South Chagrin Reservation, part of the Cleveland Metroparks, one of the largest park systems in the country.

 

Shadow Lake Solon Ohio

 

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About The Authors:

Dan and Amy Schuman are Solon OH residents. They specialize in Solon luxury homes, working with buyers relocating to Solon, and first-time buyers.

For Ohio and Solon OH real estate and homes see Solon real estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

VIEW ALL SOLON OH HOMES FOR SALE BY CLICKING BELOW

 

search all solon homes for sale

 

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Wordless Wednesday - Shadow Lake Solon Ohio is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July,2010 

2 commentsDan and Amy Schuman,e-Pro,ASP • July 28 2010 02:00PM

Cleveland OH Real Estate - Relocating To Cleveland: The Complete Guide Part 1

Cleveland OH Real Estate - Relocating To Cleveland: The Complete Guide Part 1

 

Rock and Roll Hall of Fame

 

So, you've just found out you are relocating to Cleveland Ohio. Like most people in your situation, you are probably going through a wide range of emotions. You are also beginning to realize how much work you have to do to prepare for your big move. This guide was designed to help alleviate the stress that comes with relocating and to provide sound advice.

WHY ARE WE PROVIDING THIS GUIDE?

We personally relocated to Cleveland almost 15 years ago and know exactly what you are going through. We understand how stressful moving to a new city can be, especially if you don't know a lot of people, and we wanted to provide some help and friendly advice.  So, take a deep breath, try to relax and let us help you put together a successful game plan so you can have a smooth transition when relocating to your new home, Cleveland, Ohio.

ABOUT CLEVELAND

First things first, since you are moving to Cleveland, you should learn a little bit about one of Ohio's largest cities. Overall, Cleveland is known as offering its residents the amenities of a big city but with the feel of a small town. The people here are also very welcoming to outsiders, willing to extend you our Midwestern hospitality. We are confident that in time, once you get to know all the fantastic things Cleveland has to offer, you will become excited to be a part of our community. 

 Cleveland Museum of Art

Cleveland has a rich history and has been named an All-America City on several occasions over the past twenty years. It also boasts many historic landmarks and cultural institutions such as Terminal Tower, Cleveland Grays Armory, The West Side MarketSeverance Hall, The Cleveland Museum of Art, Cleveland Botanical Garden, and the Cleveland Metropolitan Parks System (more commonly known around town as "the Metroparks")  which includes the Cleveland Zoo. Cleveland is also home to 3 major sports teams and numerous minor league teams as well.

 

 

There are a ton of things that are great about Cleveland, such as the cost of living, culture, shopping and lack of traffic compared to big cities.  In fact, here is our complete list of our top 10 things that are great about Cleveland.

So now that you have learned a little bit about our town, on to the task at hand, your upcoming relocation to Cleveland

STEP 1 - ADDRESS YOUR HOUSING NEEDS

A major step in the relocation process is finding a place to live in Cleveland. Do you want to live on the East side or West side? Are you going to rent or buy? What can you get for your money here in Cleveland? Cleveland has some great housing options, but you'll need someone to guide you through the process.

 

 Home in Cleveland Ohio

 

We highly recommend hiring a real estate agent to help you find suitable housing.  This person, especially if you don't have a lot of contacts in Cleveland, will be relied on for more than just housing too.  They will be your tour guide, friend, and in general, a valuable resource for everything, not just real estate. You may need to find specific information on schools, doctors for your children, places to board your pet, restaurants and shopping, so a good local agent will play a critical part in a successful move. 

When we moved here in the mid 90's, we were very fortunate and grateful to find a fantastic agent to help us with our move. She was so valuable to everything we did and we are still friends with her to this day.

If you are relocating to Cleveland, you will have 2 options when it comes to finding a real estate agent:

1. your company, if assisting in the move, will find you an agent on your behalf.

2. find one on your own

If your company is handling your move, be cautious as relocation companies don't always match relocating clients with an agent who is a great match. Sometimes a company merely assigns an agent based on seniority or production without really giving thought to specific needs of the person being relocated. Even if your company is coordinating everything for you, the choice of which real estate agent to use is still up to you.

If you are on your own to find an agent, do some research and choose wisely. Getting names of agents from friends or family is helpful. You can also find some great information on line. No matter who you hire, it is important to define what you want in an agent and what you expect of their services. This way, when you can contact them, you can be sure to ask the right questions to make sure they are a good fit.

Once you have decided on an agent, it is now time for step 2, Where To Live in Cleveland. This will be made available in a few days, so please keep reading our blog.

Here are a few helpful articles pertaining to relocating to Cleveland OH:

Cleveland Ohio relocation - Important Contact Information

Buying A Home In Cleveland - The Complete Guide 

Cleveland Ohio Private Schools

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About The Authors:

Dan and Amy Schuman reside on the East side of Cleveland. They specialize in luxury homes, working with buyers relocating to Cleveland, and first-time buyers.

For Ohio and Cleveland OH real estate and homes see Cleveland Oh real estate.

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

SEE ALL CLEVELAND OH AREA HOMES FOR SALE BY CLICKING BELOW:

view all Cleveland luxury homes

 CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Cleveland OH Real Estate - Relocating To Cleveland: The Complete Guide Part 1 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July2010    

Disclaimer: The Schuman Team practices real estate in Ohio. Since many states have different laws and protocol regarding a real estate transaction, we recommend consulting a qualified local legal professional prior to entering into any written agreement. This blog contains observations and opinions related to our first hand experience working with buyers and sellers in Ohio, but should not be construed as legal advice.  Accuracy is not guaranteed.  

0 commentsDan and Amy Schuman,e-Pro,ASP • July 27 2010 06:45PM

Solon Ohio Parks - South Chagrin Reservation

Solon Ohio Parks - South Chagrin Reservation

South Chagrin Reservation in Solon biking hiking and walking trails

Cleveland has one of the largest Metropark systems in the entire country and Solon is fortunate to have a branch of this system located within our borders. Although many people who live here don't realize it, we actually have a one of the area's best parks here in Solon OH, the South Chagrin Reservation.

Starting at Richmond Road and going East through to the Solon/Bentleyville border, the South Chagrin Reservation is the largest park in Solon OH and offers a plethora of outdoor activities for young and old. For those who enjoy vigorous exercise, there is a 7 mi. paved trail that is perfect for walking, biking and roller blading. The park is also perfect for more relaxing activities such as walking a dog or pushing a stroller. Motorized vehicles are prohibited.

 South Chagrin Resersation Solon OH

Additional items of interest are a 15 mile bridle trail, picnic areas, and 3 acres of fishing. The stocked lake has been know to contain large-mouth bass, bluegill, and catfish. Special fishing requirements are posted near the lake.  

Some of the trails in the park are easy, yet others are a little more challenging. The South Chagrin Reservation also allows visitors to see some of the local birds and trees, and offers some of the best foliage and some great views in the fall.

Although not officially located in Solon, there is a popular sledding hill located on the corner of Sulphur Springs Drive and Chagrin River Road.  The nice thing about this hill is there is a rope leading up which makes it easier to climb, especially when carrying a sled. There is usually plenty of parking as well. 

 

South Chagrin Reservation jogger

 

The park is actually a fairly quiet place to just get away as well. It is not uncommon to find local business people strolling the park during their lunch hour or taking some time off during the day for a quick jog.

If you are looking for a park and live or work in Solon OH or nearby, check out the South Chagrin Reservation. After just one visit, you will quickly learn why it is considered to be a hidden gem within the heart of our great city.

 

 

Below are other articles of interest pertaining to Solon Oh:

Solon - A Special Community

Solon Oh Entertainment - Guide To Children's Birthday Parties

Solon Schools

 

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About The Authors:

Dan and Amy Schuman are Solon OH residents and are health and fitness enthusiasts. They specialize in Solon luxury homes, working with buyers relocating to Solon, and first-time buyers.

For Ohio and Solon OH real estate and homes see Solon real estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

VIEW ALL SOLON OH HOMES FOR SALE BY CLICKING BELOW

 

search all solon homes for sale

 

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Solon Ohio Parks - South Chagrin Reservation is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July,2010 

Disclaimer: The Schuman Team practices real estate in Ohio. Since many states have different laws and protocol regarding a real estate transaction, we recommend consulting a qualified local legal professional prior to entering into any written agreement. This blog contains observations and opinions related to our first hand experience working with buyers and sellers in Ohio, but should not be construed as legal advice.  Accuracy is not guaranteed.

0 commentsDan and Amy Schuman,e-Pro,ASP • July 27 2010 12:58PM

Cleveland OH Real Estate - Bi-Annual Luxury Home Report 2010

 Cleveland OH Real Estate - Bi-Annual Luxury Home Report 2010

 

 

Cleveland OH luxury home market report 2010

 

 

Below are luxury home sales statistics for the first 6 months of 2010 in Cleveland, specifically the Eastern suburbs of Cuyahoga County. We also included figures from the first 6 months of 2009 so a comparison can be made. Commentary to follow.

 

All Sales           # Of Homes Sold         Ave. Sales Price              

YTD 2010                 66                          $685,707

YTD 2009                 59                          $661,592

*source NEOHREX ( Regional MLS )

High Sale YTD 2010 = $1,600,000

 

Commentary - Cleveland OH luxury homes have seen an increase in activity compared to the same period of time last year.  Overall sales are up over 10% from last year and the average sales price has increased as well. A majority of sales are in the lower level luxury price range. Here is a break down in terms of price of all sales this year:

Price Range                      # Of Sales

$500,000-749,999                  51

$750,000-999,999                  11

$1,000,000+                           4

While our Cleveland bi-annual luxury market report does show improvement from last year, there is still general concern about the overall real estate market, especially with the large inventory of homes currently on the market.  Right now there are 296 active luxury home listings, and based on 11 sales per month, that gives us over a 2 year supply of luxury homes on Cleveland's east side. Among these listings are 14 homes listed over $2,000,000.

With all due respect to luxury home sellers, this is great news for buyers and some seem to be taking advantage. We currently have 38 luxury homes under contract, many priced over $1,000,000. Also, rates will continue to be low, making the purchase of a luxury home even more attractive.  Moving forward, we anticipate luxury home sales to be slightly higher in 2010 then they were last year.

Below are other articles of interest pertaining to the Cleveland luxury home market:

Why Hiring A Luxury Home Agent Is Important

Defining A Luxury Home In Cleveland

Local Agent Receives Luxury Home Designation

Solon OH Luxury Home Report 2009 

 

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About The Authors:

Dan and Amy Schuman reside on the East side of Cleveland. They specialize in luxury homes, working with buyers relocating to Cleveland, and first-time buyers.

For Ohio and Cleveland OH real estate and homes see Cleveland Oh real estate.

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

SEE ALL CLEVELAND OH AREA HOMES FOR SALE BY CLICKING BELOW:

view all Cleveland luxury homes

 CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Cleveland OH Real Estate - Bi-Annual Luxury Home Report 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July2010    

Disclaimer: The Schuman Team practices real estate in Ohio. Since many states have different laws and protocol regarding a real estate transaction, we recommend consulting a qualified local legal professional prior to entering into any written agreement. This blog contains observations and opinions related to our first hand experience working with buyers and sellers in Ohio, but should not be construed as legal advice.  Accuracy is not guaranteed.   

2 commentsDan and Amy Schuman,e-Pro,ASP • July 22 2010 11:03PM

Beachwood OH Real Estate - Bi-Annual Market Report 2010

Beachwood OH Real Estate - Bi-Annual Market Report  2010 

 

 

Beachwood OH Real Estate

 

 

The year is now half over, giving us plenty of data to determine an accurate state of the real estate market here in Beachwood OH. We will first give a list of all homes that sold in Beachwood last month, and then show a monthly and year-to-date comparison to 2009. 

Here are all sales in Beachwood for June, 2010:

27500 Cedar #406  $115,000
2553 Richmond Rd $135,000
23606 E Groveland Rd $160,000
25251 Hilltop Dr  $176,000
23106 Greenlawn Ave $185,000
25365 Bryden Rd  $190,000
2645 Buckhurst Dr  $215,000
24017 Woodway Rd  $262,000
18 Waterford Ln #A  $291,000
22318 Halburton Rd  $325,000
26651 Shaker Blvd  $365,000
3190 Green Rd  $375,000

 

All Sales           # of homes sold         Ave. Sales Price              

June 2010                12                      $232,833                

June 2009                18                      $274,695

YTD 2010                 49                      $254,354

YTD 2009                 52                      $247,446  

*source NEOHREX ( Regional MLS )

 

COMMENTARY:

While last month wasn't as good as June 2009, year-to-date figures suggest that this year is fairly even to last year in terms of actual number of sales. The good news is that the average sales price is slightly higher this year compared to last year. In addition, although not indicated above, the average market time to sell a home in Beachwood so far this year is 100 days compared to 137 days in 2009.

What does this mean? While we anticipated home sales to surge throughout the area in general due to the home buyer tax credit, which expired on June 30th, Beachwood was not an area greatly affected.  This is most likely due to the fact that first time buyers, who were the ones most likely taking advantage of the tax credit, were not as likely to buy in Beachwood. The first-time buyers were more likely buying in nearby inner-ring suburbs, where home prices are more affordable. 

While it appears the market has stabilized, we don't anticipate seeing sales numbers that we saw during the boom years of 2003-2007 perhaps ever again. The expectations of home buyers and sellers in Beachwood may have to be redefined.

While interest rates are near historic lows, the economy is not totally recovered from the recession. Some economists believe we are still in recovery mode while others see rougher times ahead. In the end, the economy affects major buying decisions, such as housing, and until we see more signs of long-term growth, especially in the unemployment figures, the local housing market will continue to move along slowly.

Below are other articles of interest pertaining to Beachwood OH Market Reports:

Beachwood OH Real Estate - Monthly Market Report April 2010   

Beachwood OH Real Estate - Year End Market Statistics 2009 

 

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About The Authors:

Dan Schuman is a proud member of the Beachwood Chamber of Commerce and has served on the Board of Directors for the past 7 years.

The Schuman Team, Amy and Dan Schuman, specialize in luxury homes and work extensively with buyers and sellers who are relocating to Beachwood.

For Ohio and Beachwood OH real estate and homes see Beachwood real estate.

For a personal consultation or to speak to The Schuman Team, call 216-346-3235.

 

VIEW ALL BEACHWOOD AREA HOMES FOR SALE BY CLICKING BELOW:

view all Beachwood area homes

 

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Beachwood OH Real Estate - Bi-Annual Market Report 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July,2010

Disclaimer: The Schuman Team practices real estate in Ohio. Since many states have different laws and protocol regarding a real estate transaction, we recommend consulting a qualified local legal professional prior to entering into any written agreement. This blog contains observations and opinions related to our first hand experience working with buyers and sellers in Ohio, but should not be construed as legal advice.  Accuracy is not guaranteed. 

0 commentsDan and Amy Schuman,e-Pro,ASP • July 21 2010 05:02PM

Solon Ohio Real Estate - Which Area Is Best, How About Central Solon?

Solon Ohio Real Estate - Which Area Is Best, How About Central Solon?

 

Solon Ohio Real Estate - Central Solon

 

For those of us who live here in Solon, there is an ongoing debate about which area of the city is better, the North or South. In fact, a few months ago we actually wrote all about the best area to live in Solon and went into detail, including defining each particular geographic area. If you are trying to get to know the area better, this is definitely worth reading.

Although we are all part of one great community and it is not really divided in a mean-spirited way, there is occasionally some internal joking among residents between the  "North" and "South". However, people who live in the middle of town usually get forgotten, at least until today.

This post will highlight the all important middle of town. Although there is really no specific term locals use for this particular geographic region, we will refer to it here as "Central" Solon. The following map will give you an idea of the area we are referring to:


View Central Solon in a larger map

 

 

The central part of the city is often forgotten, but is just as vital as the rest of Solon. It actually contains quite a bit of housing and popular areas of the city. Just minutes away from the highway, "Central" Solon contains important city landmarks such as The Solon Center For The Arts, City Hall, and the Solon Historical Society.

There are other popular destination spots in this area of town including Solon Freeway Lanes, Uptown Solon Shopping Center, which is host to Mustard Seed Market and Cafe, and some of our larger employers such as Nestle.

The central part of town offers a variety of housing for local residents as well. Here, you will find older homes, some on 1/2-1 acre of land, and newer developments built within the last 10 years. People who live in "Central" Solon feel they have the best of both worlds with easy access to popular destinations located in both the North and South. Many popular developments located in this area include:

Chagrin Highlands

Huntington Woods

Thornbury

The award winning Solon City Schools, Solon Rec Center, and Solon Library are also just minutes away from the center of town. "Central" Solon also offers easy access to neighboring communities such as Chagrin Falls, Bainbridge and Twinsburg.

When all is said and done, each geographic area has its benefits and where in Solon you choose to live is really just personal preference. If you are re-locating to Solon from another state, we recommend learning about Solon as a whole and looking at housing throughout the entire area. As you begin to get a feel for the different neighborhoods and factor in your commute, the question of where to live will usually get answered quickly. If not, finding that special home is often the deciding factor.

As for the debate about which area is best, I don't think that will ever be settled. However, if you speak to those who live in "Central" Solon, they may let those from the "North" and "South" just duke it out for second place as they know which area is really the best.

Below are other articles of interest pertaining to Solon Oh Real Estate:

Solon - A Special Community

Money Magazine Ranks Solon Top Places To Live

Newsweek Ranks Solon On Top Schools List

Solon Schools

 

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About The Authors:

Dan and Amy Schuman are Solon OH residents. They specialize in Solon luxury homes, working with buyers relocating to Solon, and first-time buyers.

For Ohio and Solon OH real estate and homes see Solon real estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

VIEW ALL SOLON OH HOMES FOR SALE BY CLICKING BELOW

 

search all solon homes for sale

 

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Solon Ohio Real Estate - Which Area Is Best, How About Central Solon? is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July,2010 

Disclaimer: The Schuman Team practices real estate in Ohio. Since many states have different laws and protocol regarding a real estate transaction, we recommend consulting a qualified local legal professional prior to entering into any written agreement. This blog contains observations and opinions related to our first hand experience working with buyers and sellers in Ohio, but should not be construed as legal advice.  Accuracy is not guaranteed. 

0 commentsDan and Amy Schuman,e-Pro,ASP • July 21 2010 12:15PM

Lyndhurst OH Real Estate For Sale

Lyndhurst OH Real Estate For Sale - 1917 Camberly Drive 

 

JUST LISTED

SPACIOUS AND WELL-MAINTAINED!

 

Lyndhurst OH home for sale

 

Once past the charming facade prepare to be wowed by the size and beauty of this lovingly cared for home. The beautifully tiled foyer opens to a stylish living room with gorgeous bay window, updated neutral decor, and custom shelving and molding. The fine details continue into the formal dining area. The kitchen is bright and neutral with a large dinette area that opens to a spacious Family Room. This bonus space is warmed with wood details, a great fireplace and new sliding doors that lead to the patio. Enjoy the warm weather on the patio with retractable awning and a view of the professionally landscaped yard. Upstairs you'll find the Master Bedroom with custom California Closets and a private updated bath. There are two more bedrooms upstairs with another full bath. You'll pass the remodeled half bath on your way to the fully finished basement. Newer windows throughout make this home energy efficient and there is a lot of smart storage space as well. The location of this wonderful home can't be beat as it is just just minutes away from some of the best shopping in Ohio --- Beachwood Place Mall and Legacy Village.

 

 

 

 Lyndhurst OH home for saleLyndhurst OH home for saleLyndhurst OH real estate for sale

Lyndhurst OH real estate for sale Lyndhurst OH real estate for saleLyndhurst OH real estate for sale

 

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About The Authors:

This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty. The Schumans have worked with numerous professional athletes, business owners, and executives who are relocating to Cleveland and reside on the East side of Cleveland.

If you are looking to buy or sell Cleveland OH real estate, including the surrounding suburbs, please contact the Schuman Team at 216-346-3235. 

VIEW ALL LYNDHURST HOMES FOR SALE BY CLICKING BELOW

 

search all solon homes for sale

 

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Lyndhurst OH Real Estate For Sale is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July,2010

0 commentsDan and Amy Schuman,e-Pro,ASP • July 14 2010 11:32AM

Solon OH Real Estate For Sale

Solon OH Real Estate  Solon OH Real Estate For Sale 6545 Duneden Ave

  JUST LISTED

GREAT LOCATION, UPDATED AND WELL-MAINTAINED!

Scarborough Rd

 

This is a tastefully updated and lovingly maintained Colonial in a highly desirable neighborhood. The much sought after floor plan has an updated kitchen and dinette open to a large family room. There are numerous updates throughout including a new furnace, AC and hot water heater. The eat-in kitchen with new cabinetry and Corian counters also includes all the appliances.  The Master Bedroom has its own private remodeled master bath and walk-in closet, a rarity for this neighborhood. The finished lower level offers tremendous opportunities as it has a rec room, office, and bonus full bath. The first floor laundry room is huge and has tons of storage. The landscaped back yard is unusually large and has a deck with a built-in gas grill. This home is close in proximity to the highly acclaimed Solon schools, shopping, library, Solon Rec Center, and more. If you are looking for a high quality home with a great use of space, 6545 Duneden would be a perfect place to call home.

 

 

 Offered at $225,000

 

 

 Solon OH Real Estate For Sale DunedenSolon OH Real Estate For Sale Solon OH real estate for sale 6545 Duneden

Solon OH real estate for sale 6545 DunedenSolon OH Real Estate For Sale 6545 DunedenSolon OH Real Estate For Sale 6545 Duneden

 

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About The Authors:

Dan and Amy Schuman are Solon OH residents. They specialize in Solon luxury homes, working with buyers relocating to Solon, and first-time buyers.

For Ohio and Solon OH real estate and homes see Solon real estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

VIEW ALL SOLON OH HOMES FOR SALE BY CLICKING BELOW

 

search all solon homes for sale

 

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Solon OH Real Estate For Sale is the property of The Schuman Team and may not be duplicated or used without their written consent. ©July,2010 

0 commentsDan and Amy Schuman,e-Pro,ASP • July 13 2010 05:58PM

Twinsburg Real Estate - Bi-Annual Market Report 2010

 

 Twinsburg Real Estate - Bi-Monthly Market Report 2010

  

twinburg market reports 

 

The following is our bi-annual market report for the first half of 2010. We will begin by showing home sales in Twinsburg for June, and then give commentary.

Here is a list of all homes that sold in Twinsburg during June, 2010. 

2942 Country Club Ln #66 $133,900
2847 Tinkers Ln #78 $136,000
2176 Gary Dr  $145,000
2061 Hermitage Dr $150,350
11447 Covington Ln #3 $155,000
8519 Ravenna Rd $158,234
10394 W Cobblestone Ln $164,000
1326 Waldo Way $170,500
9469 Lawnfield Dr $172,000
11212 Heritage Dr $173,000
10672 Ravenna Rd $179,900
10230 Glen Eagle $190,000
2283 Meadowood Blvd $200,000
10086 Glen Eagle Ln $205,000
10245 Corbetts Ln $225,500
2844 Sikes Ln $240,000
10265 Luman Ln $250,000
2338 White Marsh Dr $253,000
10432 Oviatt Ln $265,000
9457 Pam Ct $325,000
9657 Sterling Ct $332,500
9503 Lister Ln $365,000
2923 Alling Dr $378,000
2944 Alling Dr $382,000
3163 Abrams Dr $409,000

 

SUMMARY

Twinsburg OH real estate sales are up both for the month, and year-to-date.

Overall, we saw 25 home sales last month, up from 22 last year. The average price of a home in Twinsburg is up from 2009 as well.

All Sales           # of homes sold         Ave. Sales Price 

June 2010                 25                       $230,315  

June 2009                 22                       $204,373

Year To Date   # of homes sold         Ave. Sales Price 

 2010                       94                        $205,602  

 2009                       88                        $191,489

 

Twinsburg real estate has had a very good first half of the year. We believe that the local real estate market has really benefited from the home buyer tax credit. The fact that a majority of home sales over the last 60 days have been moderately priced homes, those typically attractive to those taking advantage of the credit, backs up our belief.

While the rise in sales this year compared to 2009 isn't overwhelming, the increase in average sales price is definitely a good sign. We are seeing less low-end bank owned homes sell here in Twinsburg, which has had a positive affect on the overall sales prices. We also have 39 homes currently under contract, indicating that the summer months could continue to do well.

We anticipate that Twinsburg real estatesales in 2010 will continue to outperform sales from last year. Low interest rates and a good supply of affordable homes continue to make Twinsburg very appealing to local buyers.

Below are other articles of interest pertaining to Twinsburg Real Estate:

Twinsburg Real Estate - Monthly Market Report April 2010 

Twinsburg Real Estate - Year End Marketing Report 2009

Twinsburg Real Estate - Market Report February 2010 

Twinsburg Real Estate - First Quarter Home Statistics 2010

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About The Authors:

This Twinsburg Ohio Real Estate Market Report is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty.

The Schumans service the Eastern suburbs of Cleveland and have worked with numerous professional athletes, business owners, and executives who are relocating to Cleveland. They specialize in the Cleveland Ohio luxury home market and also enjoy working with first-time buyers as well.

For Ohio and Twinsburg OH real estate and homes see Twinsburg real estate

If you are looking to buy or sell a home in Twinsburg or surrounding suburbs, please contact the Schuman Team at 216-346-3235. 

SEE ALL TWINSBURG HOMES FOR SALE BY CLICKING BELOW:

Search all Twinsburg Homes For Sale  

 CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

 

Twinsburg Real Estate -Monthly Market Report May 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©June2010

0 commentsDan and Amy Schuman,e-Pro,ASP • July 09 2010 02:58PM

Solon OH Luxury Homes -Bi-Annual Market Report 2010

 

 Solon OH Luxury Homes -Bi-Annual Market Report 2010

luxury home in cleveland ohio

Here is our official bi-annual market report for Solon Luxury Homes complete with a comparison to 2009. Commentary will be given after the following Solon luxury home statistics

Please keep in mind that in the Cleveland real estate market, the definition of a luxury home is one that sells for at least $500,000.

Here are all luxury homes that sold in Solon during the first half of 2010:

5245 Hemington Blvd $510,000
5571 High Point $515,000
7099 Navajo Trl $515,000
6162 Chagrin Highlands Dr $525,000
7373 Royal Portrush Dr $540,000
7338 Shelford Dr $557,500
38040 McDowell Dr $570,000
37280 Cherrybank Dr $600,000
6439 Dorset Ln $608,000
7343 Shelford Dr $620,000
37289 Cherrybank Dr $625,000
7570 Royal Portrush $699,354
6704 Winston Ln $712,500
7604 Worlington Dr $1,174,900

 

FIRST HALF OF 2010 VS. FIRST HALF 2009 COMPARISON

 

Luxury Sales     # of Homes Sold        Ave. Sales Price              Ave. Days on Market

2010                        14                      $627,304                             181

2009                        18                      $619,981                             128 

 

Highest Sale = $1,174,900

          

Commentary:

The first half of 2010 was similar to the same time period in 2009. Although there were not as many sales, the average sales price is higher so far this year. The main difference between this year and last is there are not as many bank owned or distressed sales, which may be the reason the average sales price is higher this year.

The $500,000-$700,000 price point is still the most popular for luxury home buyers in Solon. Very few sales have occurred over this price although we did recently have 1 sale over $1,000,000. Whether this is a sign of things to come or an aberration is yet to be determined.

Demand for high end homes in Solon is usually met by both local move up buyers and those relocating to Solon from out of of the area. With the state of the economy still up in the air, many local buyers have decided to stay where they are for now instead of moving forward on a major purchase. Some local buyers though are feeling more comfortable buying before selling as prices seem to have stabilized making it easier to sell an existing home.

In terms of relocation buyers, fewer large companies are hiring, meaning less executives coming into the area. While there are still plenty of people moving to Solon and buying luxury homes, the numbers are not where they were 4-6 years ago. With inventories of luxury homes here being fairly high ( we currently have a 2 year supply of luxury homes ), buyers have a wide selection to choose from and are getting very good deals.

From a pure financial standpoint, moving up in a down market does make sense, and with rates at their all-time lows, buying a bigger home in Solon has never been more affordable.

Below are past articles that relate to the content of this post.  

2009 Year End Luxury Market Report Solon Ohio

Solon Agent Receive Luxury Home Designation

2008 Luxury Market Report Solon Ohio

 

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About The Authors:

Dan and Amy Schuman are Solon residents. They specialize in Solon luxury homes, working with buyers relocating to Solon, and first-time buyers.

If you are looking to buy or sell a home in Solon or the surrounding Eastern suburbs, please contact the Schuman Team.

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.

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Solon OH Luxury Homes -Bi-Annual Market Report 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Jan,2010

0 commentsDan and Amy Schuman,e-Pro,ASP • July 08 2010 12:01PM