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Art Hotes, CNE, e-PRO®

Medina, Ohio Dining, Entertainment & Recreation

Medina, OH Town Square

Medina, Ohio boasts many attributes that bring visitors to the city and to keep residents living in its borders. Medina has a quaint Old Town Square, which intersects Ohio Routes 42, 3, 18, and 57. And within the Square are charming shops & boutiques, historical buildings, the Courthouse, and the beautiful Gazebo that holds much vintage appeal.

Medina, OH Town Gazebo Medina, Ohio 44256

Aside from all of the historic attractions that Medina, Ohio has to offer, there are a number of dining, entertainment and recreation options that must be considered when visiting this great town! Here is a list of some of my favorite dining spots that you may wish to consider when in Medina:

Medina's entertainment and recreation scene is another thing to check out. There are a multitude of local Parks, there is a Recreation Center that "is to die for", there are a variety of Golf Courses nearby for the golf enthusiast, a brand new state-of-the-art Library, an Amazone Family Entertainment Center, as well as a host of other things that make this town special!

As a side note, the Town Square has Gazebo concerts and a Farmer's Market (on Saturday mornings) in the summer. Also, there is the popular Rally in the Alley event, hosted by the Main Street Cafe, which runs every Friday night from Memorial Day thru Labor Day and it is something you must attend!

Whether you are a resident or "just passing through", come check out what Medina has to offer - You will not be disappointed!


Courtesy of:
Art Hotes ~ RE/MAX Crossroads
Proudly Serving the Real Estate Needs of Medina, Ohio and Surrounding Communities
330-242-4640
Art@ArtHotes.com
http://ArtHotes.com

Northeastern Ohio Market Watch - May 2010

For May 2010

Medina County
Total Sales: 147
Avg DOM: 104
Avg SP: $175,301

Cuyahoga County
Total Sales: 1,066
Avg DOM: 101
Avg SP: $136,592

Summit County
Total Sales: 408
Avg DOM: 93
Avg SP: $137,111

Lorain County
Total Sales: 231
Avg DOM: 105
Avg SP: $140,762


Courtesy of:
Art Hotes ~ RE/MAX Omega
http://ArtHotes.com

Northeastern Ohio Market Watch - April 2010

Northeastern Ohio Market Watch


For April 2010

Medina County
Total Sales: 200
Avg DOM: 98
Avg SP: $168,496

Cuyahoga County
Total Sales: 1,035
Avg DOM: 103
Avg SP: $126,128

Summit County
Total Sales: 414
Avg DOM: 95
Avg SP: $129,305

Lorain County
Total Sales: 261
Avg DOM: 99
Avg SP: $113,236


Courtesy of:
Art Hotes ~ RE/MAX Omega
http://ArtHotes.com

Average Market Data from 3/16/08 - 9/16/08 for Medina, Cuyahoga, Lorain and Summit Counties

I like to keep a close eye on our Market Condition, as it affects us all. Here is a snapshot of the market statistics for the 6-month time frame of 3/16/08 - 9/16/08 for Medina County, Cuyahoga County, Lorain County and Summit County. Please note that these numbers are averages of all listed properties transacted between the given sale prices for that period of time. This should be a good indicator of sale price per square foot and the ratio between list price to sale price.

Unfortunately though, non-distressed home sales are lumped in with bank owned properties and foreclosures, which hurt the overall condition of the market. Because of that, you will see lower than desired statistics, as those distressed properties sell for much less - typically because they've been neglected in various ways.

Sale Price $0 - $100,000
County Units Sold Sq.Ft. LP LP/Sq.Ft. SP SP/Sq.Ft. SP/LP DOM
CUY 3433 1,286 $44,871 $34.89 $39,380 $30.62 87.8% 86
LOR 656 1,261 $56,163 $44.54 $49,285 $39.08 87.8% 77
MED 91 1,289 $74,396 $57.72 $69,330 $53.79 93.2% 90
SUM 154 1,253 $73,077 $58.32 $66,620 $53.17 91.2% 103
Sale Price $100,000 - $200,000
County Units Sold Sq.Ft. LP LP/Sq.Ft. SP SP/Sq.Ft. SP/LP DOM
CUY 2288 1,619 $148,323 $91.61 $141,433 $87.36 95.4% 94
LOR 516 1,665 $146,689 $88.10 $140,542 $84.41 95.8% 88
MED 409 1,734 $159,839 $92.18 $153,769 $88.68 96.2% 98
SUM 392 1,525 $155,007 $101.64 $148,411 $97.32 95.7% 90
Sale Price $200,000 - $300,000
County Units Sold Sq.Ft. LP LP/Sq.Ft. SP SP/Sq.Ft. SP/LP DOM
CUY 673 2,409 $253,908 $105.40 $240,622 $99.88 94.8% 96
LOR 222 2,417 $259,000 $107.16 $244,892 $101.32 94.6% 104
MED 193 2,534 $245,229 $96.78 $236,124 $93.18 96.3% 104
SUM 257 2,405 $255,133 $106.08 $243,385 $101.20 95.4% 98
Sale Price $300,000 - $400,000
County Units Sold Sq.Ft. LP LP/Sq.Ft. SP SP/Sq.Ft. SP/LP DOM
CUY 263 3,030 $362,759 $119.72 $344,868 $113.82 95.1% 103
LOR 72 3,018 $357,420 $118.43 $340,047 $112.67 95.1% 102
MED 57 3,352 $360,816 $107.64 $346,170 $103.27 95.9% 118
SUM 122 3,136 $355,989 $113.52 $339,911 $108.39 95.5% 96

All Data is Based on Average Recorded Sales in NORMLS between 3/16/08 - 9/16/08

Sales Statistics for MEDINA County, Ohio

Sales Statistics for MEDINA County, Ohio

Single Family Residence
Time PeriodNumber of SalesMedian Sale Price
Jan 2008141$175,500
Jan 200794$170,000
Dec 2007176$189,220
Dec 2006145$163,300
2008 YTD292$171,450
20072,435$185,000
Condominium
Time PeriodNumber of SalesMedian Sale Price
Jan 20086$101,450
Jan 200724$147,000
Dec 200718$104,250
Dec 200632$129,700
2008 YTD23$120,000
2007374$130,000