Solon Real Estate. Thornbury.
What's your neighbor's House Selling For?
Let's continue our review of Solon Real Estate market, which we started from analyzing sales in Chagrin Highlands of Solon.
Solon is a wonderful destination for families with kids, young professionals and for everyone who value a convenience and good accessibility of this well developed city. Excellent school system, shopping, restaurants, South Chagrin Reservation Metro Park, movie theater, health facilities, extraordinary Recreation Center - what else should I mention to confirm that Solon well deserved its high ranking among Cleveland suburbs and among the best American places to live?
Thornbury is one of the most desirable developments located on the Eastern border of Solon.
It was built in 2000s and it's comprised of 250 single family and cluster homes. Economically, Thornbury is one of the healthiest developments in whole Greater Cleveland. Back in 2009 I wrote in this blog about Foreclosure and Short Sales opportunities in Thornbury. Where are those days?
Two years after we experience a strong, healthy market in Thornbury of Solon. Only one of sales in 2011 was bank owned.
We currently have 4 active listings, in Thornbury, one under the contract, and it was 12 houses sold in 2011. Sounds like a lack of inventory!

December sales activity was high in Thornbury, too. Four houses sold in December, 2011:
38105 McDowell Dr - sold 12/01/11 for $585,000
38125 Kerrington Way - sold 12/06/11 for $423,000
39700 Patterson Ln - sold 12/28/2011 for $575,000
38710 Flanders Dr - sold 12/30/2011 for $490,000.
Good time to start preparing your house for sale!
Call Svetlana 877-770-5551 x801 to arrange for a confidential price and condition assessment of your house and for discussing a marketing plan for selling your house in Thornbury timely and for a top dollar.
Twinsburg Real Estate. Ethan's Green.
What's Your Neighbor's House Selling for?
Real Estate market in Twinsburg, OH is pretty stable. Although the housing storm somehow hit Twinsburg market, during 2011 it's been doing pretty well.
One of the best planned and the most desirable communities of Greater Cleveland is Ethan's Green development in Twinsburg, OH. Conveniently located on the border of Solon and Cuyahoga County, in the vicinity of major highways, on a wonderful Gleneagles Golf course, Ethan's Green offers a good mixture of well built, yet reasonably priced condominiums, cluster homes and single family houses built in 1990s - 2000s.

As of 01/03/2012, we have 10 single family and cluster homes offered for sale in Ethan's Green.
It was 21 houses sold in 2011. This ratio of active / Sold listings shows a pretty balanced market. Average sales price for closed homes in Ethan's Green was a little bit over$250,000. It took on average about 100 days to sell the house in Ethan's Green. Sellers received about 96% of the last asking price on their houses, which is a sign of a healthy market.

Market of condominiums sales is tougher than the market for houses, even in more or less well-being Twinsburg Real Estate. Let's look at the numbers. We have 16 condos currently offered for sale in Ethan's Green. 14 condos sold in 2011, one condominium is under the contract, pending on closing of escrow. Quiet a large inventory to chose from!

It took about 110 days in 2011 to sell the condo in Ethan's Green, however average time on the market for active listings is over 166 days. In many cases we see the substantial price reductions and even bigger discounts on sales prices. It's not the rule, though that the buyers are willing to negotiate over the prices. In few cases we saw the quick sales for full prices. That confirms the rule that in Real Estate price is not the only thing buyers are looking for. It's always a combination of price, condition and good marketing.
In December of 2011 there was four houses and condo sold in Ethan's Green of Twinsburg:
2952 Framingham Ln (condo) -sold 12/02/11 for a full price of $129,000
2934 Mathers Way - sold 12/02/11 for $250,000
2837 Mathers Way - sold 12/12/11 for $233,000
9962 Jania Way - sold 12/16/11 for $336,000.

Need to sell your home or condo in Twinsburg?
Want to research the best ways how to prepare your property for a quick and profitable sale? Call Svetlana 877-770-5551 x 801. Let me help you assess your needs and desires, and present to you the plan of marketing your property for a quick and the most profitable sale.
Don't hesitate! Call 877-770-5551 x 801 right now!
Solon Real Estate. Chagrin Highlands.
What's Your Neighbor's House Selling For?
This year we decided to start the monthly series "What's your neighbor's house selling for?".
Winter is traditionally not the most convenient time to list your Solon Real Estate or any house or condo in Greater Cleveland for sale. However, this year may be a bit different. We experienced an unusual buyer's activity during few last weeks of 2011. As a result, we don't have enough inventory to satisfy the buyer's demand.
Let's look at Chagring Highlands in Solon OH.
This is traditionally a very popular upscale development that offers a variety of large, well designed and quality built single family homes situated on spacious lots. Part of Chagrin Hihglands has been designated for luxurious cluster homes - Aberdeen Homeowner's Association in Chagrin Highlands offers beautiful one and two storied homes on a smaller lots.

It was six homes in Chagrin Highlands sold during 2011:
36905 Aberdeen Ln - sold 04/18/11 for $$325,000
38665 Gaelic Glen - sold 04/18/11 for $400,000
6112 Penfield Ln - sold 06/20/11 for $$655,000
6212 Chagrin Highlands Dr - sold 09/15/11 for $430,000
6229 Penfield Ln - sold 12/16/11 for $$265,000
6174 Penfield Ln - sold 12/16/11 for $475,000.
As you can see, two out of six homes closed in December, 2011. Currently we have one home under the contract, pending for closing, and two active listings:

If you own the property in Chagring Highlands of Solon and think about selling it in 2012, please call Svetlana 877-770-5551 x 801. It's a good time to plan your successful selling. One of the most important parts of right planning is the honest and qualified assessment of your needs and of the market attractiveness of your property.
Don't wait too long. Call today! 877-770-5551 x 801.
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