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Hunting Valley Ohio Year End Market Report 2010

Hunting Valley Ohio Year End Market Report 2010

 

Hunting Valley market report 2010

 

Here is our official 2010 year in review for Hunting Valley  real estate,  complete with a comparison to 2009. We will provide commentary after giving statistics on the Hunting Valley housing market. 

 

Year      # of Homes Sold        Ave. Sales Price                High                  Low

2010                      9                       $1,425,000             $2,700,000          $700,000

2009                      5                       $1,351,700             $2,650,000          $750,000

 

Here is a break down of all 2010 sales by specific price bands:

Selling Price Range  Quantity      Average DOM  
$700,000 thru $749,999 2 618  
$850,000 thru $899,999 1 56  
$950,000 thru $999,999 1 144  
$1,000,000 thru $1,249,999 2 369  
$2,000,000 thru $2,249,999 1 61  
$2,500,000 thru $2,749,999 2 272  
  9 309  

 

Commentary - To begin, for those not familiar with Hunting Valley, it is one of the most exclusive suburbs in the entire Cleveland Metropolitan area. Many of the most well-known Clevelanders have built country estates in Hunting Valley. The homes are typically situated on numerous sprawling acres on some of the area's most picturesque land. With a population of 799 and only 300 homes ( Source: U.S. Census Bureau, 2005-2009 American Community Survey ), it is obvious why there are so few transfers here in any given year.

The average sales price tells you that this small exclusive village is home to the ultra-wealthy, those probably not as affected by the tough economy as most. We anticipate home sales in Hunting Valley to be in the double-digits this year as buyers are starting to feel more comfortable moving forward with their housing goals. 

 


View Hunting Valley in a larger map

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About The Authors:

Dan and Amy Schuman live on the East side of Cleveland and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.

For Ohio and Hunting Valley Oh real estate and homes see  Hunting Valley Oh Real Estate

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

 

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Huntington Valley Ohio Year End Market Report 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©January, 2011