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Stow Ohio Real Estate Market Update For January 2012

Tony Morganti, CRS, ABR, Cuyahoga Falls, Stow: Real Estate Agent in Cuyahoga Falls, OH

Stow Ohio Real Estate Market Update for January 2012


Real Estate Activity for Stow Ohio for the month of January 2012 are as follows:


  • New Listings - 24 - Avg. Price - $157,000

  • New Sales Contracts - 19 - Avg. Price - $173,700 - Avg. Days on Market - 87

  • New Closed Sales - 10 - Avg. Price - $145,400 - Avg. Days on Market - 97


Total active listings now on the market in Stow, Ohio - 116 - Avg. Price $187,000 Avg. Days on Market - 195.


Note: Based on the rate of sales in 2011 the 116 current listings on the market represent a 5 month supply of inventory. That is low by comparison to each of the past 3 years.

This is considered a balanced market.

If you are considering buying or selling in Stow, call me. I can help.

Cuyahoga Falls Real Estate Market Update January 2012

Tony Morganti, CRS, ABR, Cuyahoga Falls, Stow: Real Estate Agent in Cuyahoga Falls, OH

Cuyahoga Falls Real Estate Market Update January 2012



The results are in for January, 2012:


New Listings - 45 Average Price - $152,300 - Average Price Per Sq. Ft. $86

New Contracts - 29 Average Price - $94,200 - Average Price Per Sq. Ft. $71 - Avg Days on Market - 144

New Closings - 29 Average Price - $116,700 - Average Price Per Sq. Ft. $65 - Avg Days on Market - 121


Total Number of Active Listings Now in Cuyahoga Falls - 219

That represents less than a 6 month supply of inventory based on sales statistics for 2011. This is the most balanced market we have had in about 3 years!

There is now a shortage of good listings in Cuyahoga Falls.

If you are thinking of selling, now is a great time. Call me, I can help.


Cuyahoga Falls Market Update For Condominiums in 2011

Tony Morganti, CRS, ABR, Cuyahoga Falls, Stow: Real Estate Agent in Cuyahoga Falls, OH

Cuyahoga Falls Market Update For Condominiums in 2011 - here is a look at the condo market in 2011 compared to 2010.



Cuyahoga Falls Condominiums:

2011 - 74 sold - average sale price $100,676 - average days on the market 208 days.

2010 - 56 sold - average sale price $107,340 - average days on the market 178 days.

Both years the average sale price to list price was 95%.

While the number of sales in 2011 was up, so were the days on market while the average sales price was down.

Our condominium market here is always challenging and that can best be evidenced by the following data:

Current Listings Available - 69 - that is close to a 12 month supply.

Average days on the market for current condominium listings is 349 Days.


Condominiums are selling, but it is imperative that they be priced correctly and in updated, move in condition.

If you are thinking of buying or selling a Cuyahoga Falls condominium, call me. I can help.

Cuyahoga Falls, Ohio Real Estate Market Update January 2012

Tony Morganti, CRS, ABR, Cuyahoga Falls, Stow: Real Estate Agent in Cuyahoga Falls, OH

Cuyahoga Falls, Ohio Real Estate Market Update January 2012



Cuyahoga Falls sales of single family homes in 2011 was nearly the exact same as 2010!

450 Homes sold in 2011 vs. 459 homes sold in 2010.

Here is what's different though.........

Average Sale Price in 2011 was $106,246 vs. $115,532 in 2010. That's a decrease of 8%

Average Sale Price per square foot in 2011 was $72 vs. $79 in 2010. That's a decrease of 9%

Average Days on Market in 2011 was 112 days vs. 94 days in 2010. That's an increase of 20%!

However, interestingly enough, the average sales price vs. list price in both years was 95%!


What does this tell us? The market activity for single family home sales in Cuyahoga Falls was very similar in each of the past two years, although homes sold for slightly less in 2011 and took longer to sale.

The 95% sales price vs. list price for both years tells us that properties are being priced close to market value and the trend of recent years that buyers can discount asking prices by 20% is not correct.


Remember, when you are ready to buy or sell your Cuyahoga Falls Home, call me. I can help.


Akron And Summit County, Ohio Events Calendar

 Akron Ohio Homes for Sale David M. Childress: Real Estate Agent in Akron, OH

Did You Know?...

On January 13th, 1964 the Beatles’ first single in the United States "I Wanna Hold Your Hand" was scheduled to be released. Because of popular demand, the release date was moved up to December 26th, 1963 by Capitol Records and sold one million copies in the first three weeks.
I still remember exactly where I was in my Akron Ohio Home when I first heard this song on my "transistor radio"!

Here is what’s happening this week in our Akron and Summit County Ohio area.

Arts / Theatre / Music
1/9/2012 Battle of the Bands 2012 Akron Area YMCA
1/9/2012 Fused Glass Jewelry at PAA Fine Art Services/Peninsula Art Academy
1/10/2012 Stitch Clique Nordonia Hills /Akron-Summit County Public Library
1/11/2012 Glass Fusing 1 at PAA Fine Art Services/Peninsula Art Academy
1/12/2012 Yellowman Weathervane Playhouse
1/12/2012 One-Act Play Festival Akron Public Schools - Firestone High School
1/13/2012 Step It Up 2012 Akron Public Schools - Firestone High School
1/13/2012 Yellowman Weathervane Playhouse
1/14/2012 Yellowman Weathervane Playhouse
1/14/2012 Sierra Hull Akron Civic Theatre
1/14/2012 Heritage Series Concert - Cuyahoga Valley National Park
1/14/2012 Yellowman Weathervane Playhouse
1/15/2012 Yellowman Weathervane Playhouse
1/15/2012 Akron Baroque Concert Akron Baroque
1/17/2012 Enameling with Carol Adams Fine Art Services/Peninsula Art Academy

Children Activities
1/9/2012 Kinderealm: Fox and Coyote Metro Parks, Serving Summit County
1/9/2012 Toddler Story Time Akron-Summit County Public Library-Fairlawn-Bath
1/9/2012 fly guy Akron-Summit County Public Library-Goodyear
1/10/2012 Preschool Story Time Sampler Akron-Summit County Public Library-Odom
1/10/2012 Tiny Tales Baby Time Akron-Summit County Public Library-Fairlawn-Bath
1/10/2012 Baby Time North BranchAkron Summit County Public Library
1/10/2012 Baby Time Akron-Summit County Public Library-Firestone Branch
1/10/2012 Baby-N-Me Time! Akron-Summit County Public Library-Portage Lakes
1/10/2012 Family Story Time Akron-Summit County Public Library-Fairlawn-Bath
1/11/2012 Preschool Story Time Akron-Summit County Public Library-Fairlawn-Bath
1/12/2012 Baby Time Akron-Summit County Public Library-Norton Branch
1/12/2012 Jitterbugs Akron-Summit County Public Library-Goodyear
1/12/2012 Story times Akron-Summit County Public Library-Goodyear
1/12/2012 Thursday Fun Club Akron-Summit County Public Library-Odom
1/14/2012 Alvin & the Chipmunks: Driving Akron Summit County Public Library - Green Branch
1/15/2012 Jr. Ranger Jr.- Cuyahoga Valley National Park
1/15/2012 Young Birders: Bird Tracks Metro Parks, Serving Summit County
1/15/2012 Nature Drawing For Kids Metro Parks, Serving Summit County
1/16/2012 Winter Scavenger Hike Metro Parks, Serving Summit County
1/16/2012 Junior Ranger Cuyahoga Valley National Park
1/17/2012 Preschool Storytime Barberton Public Library
1/17/2012 Baby Time North BranchAkron Summit County Public Library
1/17/2012 Baby Time Akron-Summit County Public Library-Firestone Branch
1/17/2012 Preschool Story Time Sampler Akron-Summit County Public Library-Odom
1/17/2012 Tiny Tales Baby Time Akron-Summit County Public Library-Fairlawn-Bath
1/17/2012 Baby-N-Me Time! Akron-Summit County Public Library-Portage Lakes
1/17/2012 Play and Learn Barberton Public Library
1/17/2012 Family Story Time Akron-Summit County Public Library-Fairlawn-Bath

Clubs
1/11/2012 Stow Toastmasters Meeting Stow Toastmasters
1/11/2012 Stow Toastmasters Meeting Stow Toastmasters

Discussion Group
1/9/2012 Monday Casual Reads Nordonia Hills /Akron-Summit County Public Library
1/11/2012 Socrates Cafe Nordonia Hills /Akron-Summit County Public Library
1/12/2012 Afternoon Book Discussion Nordonia Hills /Akron-Summit County Public Library

Education
1/9/2012 Meet Your New eReader Twinsburg Public Library
1/10/2012 Mouse Training & the Internet Barberton Public Library
1/10/2012 Genealogy on the Internet Twinsburg Public Library
1/11/2012 Walk Through the Grades Spring Garden Waldorf School
1/11/2012 Shade Gardening Metro Parks, Serving Summit County
1/12/2012 Cool Free Stuff Program Twinsburg Public Library
1/12/2012 Home School Open Gym Tallmadge Recreation Department
1/12/2012 Meet Your New eReader Twinsburg Public Library
1/12/2012 Cuba 2012 Tour Presentation Greater Akron Chamber
1/14/2012 Explore China! Summer Tour Greater Akron Chamber
1/14/2012 Astronomy: To Infinity Metro Parks, Serving Summit County
1/17/2012 Introduction to Windows Vista Twinsburg Public Library

Health
1/9/2012 American Red Cross Blood Drive American Red Cross
1/9/2012 Gentle Strength Training Stewarts Caring Place
1/9/2012 Caregiver Support Group Stewarts Caring Place: A Cancer Wellness Center
1/10/2012 Yoga Stewart’s Caring Place: A Cancer Wellness Center
1/10/2012 Children's Support Group Stewart’s Caring Place: A Cancer Wellness Center
1/10/2012 Yoga as a Tool of Care Hospice & Palliative Care of VNS, Center for Loss and Hope
1/10/2012 Women's Breast Group Stewart’s Caring Place: A Cancer Wellness Center
1/10/2012 Radiation Therapy Q & A Stewart’s Caring Place: A Cancer Wellness Center
1/10/2012 NicA Tuesday meeting NicAnonymous
1/11/2012 ARC Bloodmobile Summa Barberton Hospital
1/11/2012 Wigs, Brows, & Lashes Clinic Stewart’s Caring Place: A Cancer Wellness Center
1/11/2012 After the Holidays, Now What? Hospice & Palliative Care of VNS, Center for Loss and Hope
1/11/2012 Tai Chi Stewart's Caring Place: A Cancer Wellness Center
1/11/2012 Renal Cancer Group Stewart’s Caring Place: A Cancer Wellness Center
1/11/2012 Chemical-Free Awareness Stewarts Caring Place
1/11/2012 Man to Man Group® for Prostate Stewart’s Caring Place: A Cancer Wellness Center
1/12/2012 Stew’s Munchkins Support Stewarts Caring Place
1/12/2012 Growing Through Grief Series Hospice & Palliative Care of VNS, Center for Loss and Hope
1/12/2012 Children’s Martial Arts Stewart’s Caring Place: A Cancer Wellness Center
1/13/2012 Look Good…Feel Better® Stewart’s Caring Place: A Cancer Wellness Center
1/13/2012 Teen Oncology Rec Group Stewart’s Caring Place: A Cancer Wellness Center
1/16/2012 Gentle Strength Training Stewarts Caring Place
1/16/2012 Put Your Best Face Forward! Stewart’s Caring Place: A Cancer Wellness Center
1/16/2012 General Cancer Support Group Stewart’s Caring Place: A Cancer Wellness Center
1/16/2012 Yoga Stewart’s Caring Place: A Cancer Wellness Center
1/16/2012 Cancer, Finances and You. Stewarts Caring Place
1/17/2012 Yoga Stewart’s Caring Place: A Cancer Wellness Center
1/17/2012 GYN Oncology Support Group Stewart’s Caring Place: A Cancer Wellness Center
1/17/2012 Wills/Trusts & Estates lecture Stewart's Caring Place: A Cancer Wellness Center
1/17/2012 Scrapbooking Stewart’s Caring Place: A Cancer Wellness Center
1/17/2012 Spa Night for Cancer Patients Stewart's Caring Place: A Cancer Wellness Center
1/17/2012 NicA Tuesday meeting NicAnonymous

Lecture / Workshop
1/11/2012 New Year - New Goals! Akron Summit County Public Library - Mogadore
1/11/2012 Jumpstart Your Resolutions (featured event) Yamaya J. Coaching & Training
1/14/2012 Start in Family History Akron-Summit County Public Library-Main Library
1/14/2012 Getting Started in Genealogy Akron-Summit County Public Library, Special Collections Division
1/14/2012 Glass Fusing One-day primer Fine Art Services/Peninsula Art Academy
1/14/2012 Memory Wire Bracelet Craft Akron-Summit County Public Library-Kenmore Branch
1/17/2012 Resumes that Get Results Hudson Library & Historical Society
1/17/2012 Resumes that Get Results Hudson Library & Historical Society

Literary
1/9/2012 Monday Fun Akron Summit County Public Library-Maple Valley Branch Library
1/9/2012 Book Collecting 101 Akron-Summit County Public Library-Fairlawn-Bath
1/10/2012 Resolutions Akron Summit County Public Library-Maple Valley Branch Library
1/10/2012 Reader's Roundtable Akron-Summit County Public Library-Ellet Branch
1/11/2012 Preschool Story Time Akron Summit County Public Library-Maple Valley Branch Library
1/12/2012 Book Discussion Akron-Summit County Public Library-Firestone Branch
1/12/2012 Needle Crafters Akron Summit County Public Library-Maple Valley Branch Library
1/12/2012 Cinema Night Akron Summit County Public Library-Maple Valley Branch Library
1/12/2012 Cookbook Book Discussions Akron Summit County Public Library-Maple Valley Branch Library
1/12/2012 Author Mary Doria Russell Twinsburg Public Library
1/12/2012 Author Thrity Umrigar Hudson Library and Historical Society
1/14/2012 Library Writer's Guild Akron-Summit County Public Library-Fairlawn-Bath
1/14/2012 Meet the Author Lisa Abraham Barberton Public Library
1/17/2012 Storytimes Baby time Akron-Summit County Public Library-Ellet Branch
1/17/2012 Movie Matinee Akron Summit County Public Library-Maple Valley Branch Library
1/17/2012 Tuesday Nite Books Akron-Summit County Public Library-Ellet Branch

Senior
1/11/2012 Nature Drawing for Seniors Metro Parks, Serving Summit County

Special Events / Holiday
1/12/2012 Ice Rink at Falls River Square City of Cuyahoga Falls
1/13/2012 Ice Rink at Falls River Square City of Cuyahoga Falls
1/14/2012 Cabin Fever Reliever Akron Zoological Park
1/14/2012 Ice Rink at Falls River Square City of Cuyahoga Falls
1/15/2012 Ice Rink at Falls River Square City of Cuyahoga Falls
1/16/2012 Ice Rink at Falls River Square City of Cuyahoga Falls

Sports & Recreation
1/9/2012 Men's Basketball Registration Tallmadge Recreation Department
1/9/2012 Full Moon Hike Cuyahoga Valley National Park
1/10/2012 Men's Basketball Registration Tallmadge Recreation Department
1/11/2012 Men's Basketball Registration Tallmadge Recreation Department
1/11/2012 Heart-Healthy Hike Metro Parks, Serving Summit County
1/12/2012 Cuyahoga Valley Contra Dancing Cuyahoga Valley National Park
1/13/2012 No School Day Camp Tallmadge Recreation Department
1/14/2012 UA MBB vs. Ohio The University of Akron Athletics
1/14/2012 UA WBB vs. Kent State The University of Akron Athletics
1/14/2012 Extended Hike Metro Parks, Serving Summit County
1/14/2012 Beginning Cross-Country Ski Wo Cuyahoga Valley National Park
1/14/2012 Cup O' Joe Hike Metro Parks, Serving Summit County
1/14/2012 Winter Birds Metro Parks, Serving Summit County
1/15/2012 Cross-Country Ski Program Cuyahoga Valley National Park
1/15/2012 Winter Tree I.D. Metro Parks, Serving Summit County
1/15/2012 Cuyahoga Valley House Concert Cuyahoga Valley National Park
1/16/2012 No School Day Camp Tallmadge Recreation Department
1/16/2012 Afternoon Stroll Metro Parks, Serving Summit County
1/16/2012 Cabin Fever Hike Metro Parks, Serving Summit County
1/16/2012 Men's Basketball Starts Tallmadge Recreation Department

Teen Activities
1/10/2012 Winter Fun Akron-Summit County Public Library-Odom
1/10/2012 Guiter Hero Akron-Summit County Public Library-Ellet Branch
1/11/2012 Anime Club Akron-Summit County Public Library-Ellet Branch
1/11/2012 Teen Movie Night - Labyrinth Barberton Public Library
1/12/2012 Tech Thursday's Gaming Akron-Summit County Public Library-Ellet Branch
1/12/2012 Journals Akron-Summit County Public Library-Fairlawn-Bath
1/13/2012 Just Dance Akron-Summit County Public Library-Goodyear
1/14/2012 Teen Movie Matinee Madness Akron-Summit County Public Library-Norton Branch
1/17/2012 Guiter Hero Akron-Summit County Public Library-Ellet Branch
1/17/2012 Teen Tuesdays Akron-Summit County Public Library-Mogadore Branch
1/17/2012 Teen Advisory Board Main Akron-Summit County Public Library-Main Library

Other
1/9/2012 Crochet W/Penny Akron-Summit County Public Library-Goodyear
1/12/2012 Baby Time Akron-Summit County Public Library-Norton Branch
1/12/2012 Thursday Movies @ Main Akron-Summit County Public Library-Main Library
1/13/2012 F&FC Military Support Group Family&Friends Connected Military Support Group
1/14/2012 Madden 2012 Xbox 360 Tourney Akron-Summit County Public Library-Ellet Branch
1/17/2012 Cinema Nite Akron-Summit County Public Library-Ellet Branch