Real Estate Review of Munroe Falls
Property values in Munroe Falls are more volatile than nearby communities since it is a much smaller community and a single home sale can change the averages significantly. The price fluctuated more during the years based on the mix of homes being sold versus the overall market conditions. The average sales price for 2007 was $171,820 and has been above $150,000 since 2000. The average sales price peaked in 2005 at $173,870. In 2000,
the average sales price was $149,998.. It increased to $158,938 in 2001 and remained steady at $157,516 in 2002. It then increased to $171,989 in 2003, and dropped to $167,239 in 2004. It dropped to $155,333 in 2005, and jumped back to $171,820 in 2007.
The total number of home sales dipped in 2007 after an increase in 2006. There were 52 sales closed in 2007, as compared to 67 in 2003. The average period of time it took to close escrow increased to 144 days, from 98 days in 2006.
Despite the national trends in the housing marketing, the community of Munroe Falls is continuing to show a stable pricing market although the homes remain on the market slightly longer.
These figures are not precise, as not all sales are reported to the Multiple Listing Service.
If you would like a copy of the complete report, please contact me at 330-990-4236

or email me dawn@dawnsold.com
Copyright ©2008 by Dawn Maloney, All Rights Reserved.

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| Property Type Residential Area Tallmadge Statuses Active, Pending, Contingent, Sold (12/1/2007 to 12/31/2007) , Expired (12/1/2007 to 12/31/2007) , Withdrawn (12/1/2007 to 12/31/2007) | |
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| Days On Market Analysis | |
| Listing Price\Selling Price | |
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| Property Type Residential Areas Stow(East), Stow(West) Statuses Active, Pending, Contingent, Sold (12/1/2007 to 12/31/2007) , Expired (12/1/2007 to 12/31/2007) , Withdrawn (12/1/2007 to 12/31/2007) | |
| Listings per Status | |
| Minimum, Average, Maximum | |
| Days On Market Analysis | |
| Listing Price\Selling Price | |
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| Property Type Residential Area Hudson Statuses Active, Pending, Contingent, Sold (12/1/2007 to 12/31/2007) , Expired (12/1/2007 to 12/31/2007) , Withdrawn (12/1/2007 to 12/31/2007) | |
| Listings per Status | |
| Minimum, Average, Maximum | |
| Days On Market Analysis | |
| Listing Price\Selling Price | |
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