About Geauga County, OH

Bainbridge Home Statistics

Here are all home sales last month in Bainbridge:

SOLDS October 2009	SALE PRICE
17682 Eastbrook Trl	$90,000
18900 Geauga Lake Rd	$177,500
17096 Eastview Dr	$215,000
7682 Country Ln	$336,000
7860 Bainbrook	$417,500
17340 Red Fox Trl	$530,000
18770 Brewster	$710,000

SUMMARY

Overall, there were a total of 7 homes sales in Bainbridge in October at an average sales price of $353,714. Last October saw 13 sales at an average of $338,808. Year to date, there have been a total of 81 homes sales with an average sales price of $325,850. There were 94 home sales through the first 10 months of 2008 with an average sales price of $332,555.

While homes sales are down in terms of number of sales, these Bainbridge home statistics show that the average sales price is fairly close to what is was last year. A possible sign of the bottom of the market. The good news is that the Bainbridge luxury home market, homes that sell for over $500,000, is about in line with last years figures. This is significant because many surrounding areas, including Solon, have seen a drastic decrease in luxury home sales.

There are currently 21 homes under contract, making it a possibility that we will have as many sales in 2009 as we had in 2008. The average sales price will also be close to what it was last year.

What does this all mean? To begin, it may mean that things won't get worse and perhaps 2009 will be the bottom in terms of Bainbridge real estate values. This could be the sign many buyers have been waiting for as the economy slowly improves and their decision to buy will be made easier knowing homes prices are no longer depreciating.

There are still a lot of homes on the market in Bainbridge, especially in the luxury home market, and it should continue to be a buyers market here for quite a while.

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About The Authors:

This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty.The Schumans are experts in the Cleveland Ohio real estate market and specialize in luxury homes, home staging, and working with buyers relocating to Cleveland.

If you are looking to buy or sell a home in Bainbridge or the surrounding Eastern suburbs, please contact the Schuman Team at 216-346-3235.

VIEW ALL BAINBRIDGE HOMES FOR SALE BY CLICKING BELOW:

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

Bainbridge Home Statistics is is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Nov,2009

Welcome to my September 2009 report on the state of the real estate market for Geauga County. Please feel free to refer to previous postings to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I've included a few statistics for your review!

The current trend (as of September, 2009) is decrease in the number of homes for sale from the same month last year. In September of 2008 there were 849 homes on the market, of which 54 sold. In September of 2009, there were 840 homes on the market (a decrease in inventory 9 homes from one year to the next), of which 49 sold. In September of 2008, for those homes that did sell, they were on the market an average of 102 days. For those homes that sold in September of 2009, the average days on market were 118, representing an increase of 16 days from one year to the next. Refer to the chart below for a visual representation:

What does this mean if you're thinking of selling and you want to be amongst the SOLDs? It's simple!

Price your home at or below market value

Make sure your home shows beautifully

Choose a realtor (like Dan!) that knows how to market your home to the widest audience possible! If you have all three of these, there is no reason you shouldn't end up with a nice big "SOLD" sign in your yard, but miss any one of them and you'll be sitting around waiting...

If you would like to receive a free copy of a market report, please contact me. I’d be happy to help! If you'd like to learn more about what it takes to sell in a correcting or down market, let me know! I specialize in home staging and aggressive marketing. I would love to sit down and talk about your situation any time!

Please feel free to visit my websites to learn more!

www.neohiorealtor.com
Dan's Howard Hanna Website

Welcome to my August 2009 report on the state of the real estate market for Geauga County. Please feel free to refer to previous postings to watch for changes.

As a service to all potential buyers and sellers, I would be happy to provide you with statistics on your county, your town, your price range, etc. so you can get a clear picture of how many homes are selling and how long they take to sell. To give you an overall picture of Geauga County as a whole, I've included a few statistics for your review!

The current trend (as of August, 2009) is decrease in the number of homes for sale from the same month last year. In August of 2008 there were 913 homes on the market, of which 52 sold. In August of 2009, there were 864 homes on the market (a decrease in inventory 49 homes from one year to the next), of which 60 sold. In August of 2008, for those homes that did sell, they were on the market an average of 77 days. For those homes that sold in August of 2009, the average days on market were 121, representing an increase of 44 days from one year to the next. Refer to the chart below for a visual representation:

What does this mean if you're thinking of selling and you want to be amongst the SOLDs? It's simple!

Price your home at or below market value

Make sure your home shows beautifully

Choose a realtor (like Dan!) that knows how to market your home to the widest audience possible! If you have all three of these, there is no reason you shouldn't end up with a nice big "SOLD" sign in your yard, but miss any one of them and you'll be sitting around waiting...

If you would like to receive a free copy of a market report, please contact me. I’d be happy to help! If you'd like to learn more about what it takes to sell in a correcting or down market, let me know! I specialize in home staging and aggressive marketing. I would love to sit down and talk about your situation any time!

Please feel free to visit my websites to learn more!

www.neohiorealtor.com
Dan's Howard Hanna Website

Russell and Russell Township Ohio Luxury Homes For Sale

Luxury homes for sale in Russell and Russell Township Ohio currently makes up about 52% of the total homes for sale in the community. While the luxury home market segment in Russell and Russell Township Ohio is rather small, the inventory levels are high, credit is available for buyers with good credit, the housing market favors buyers, and prices have come down from the highs of the 2006-07 market. Moreover, a truly motivated seller should be willing to negotiate hard to sell their home in this challenging marketplace, so even more opportunity exists in light of the already attractive environment that exists today.

As a Certified Luxury Home Marketing Specialist and a REALTOR with strong negotiating experience, I would be happy to assist you with your next luxury home purchase in the Greater Cleveland, Ohio marketplace.

Here are approximately 27 luxury homes for sale in Russell and Russell Township Ohio starting at $500,000.

Luxury Homes starting at $500,000 in Russell and Russell Township Ohio

Happy searching!

Search for all luxury homes for sale in Greater Cleveland Ohio at Olsen Ziegler Realty

A $marter Way to buy and sell your Russell and Russell Township Ohio Luxury Home

Bainbridge Ohio Luxury Homes For Sale

Luxury homes for sale in Bainbridge Ohio currently only makes up about 32% of the total homes for sale in the community. While the luxury home market segment in Bainbridge Ohio is rather small, the inventory levels are high, credit is available for buyers with good credit, the housing market favors buyers, and prices have come down from the highs of the 2006-07 market. Moreover, a truly motivated seller should be willing to negotiate hard to sell their home in this challenging marketplace, so even more opportunity exists in light of the already attractive environment that exists today.

As a Certified Luxury Home Marketing Specialist and a REALTOR with strong negotiating experience, I would be happy to assist you with your next luxury home purchase in the Greater Cleveland, Ohio marketplace.

Here are approximately 37 luxury homes for sale in Bainbridge Ohio starting at $500,000.

Luxury Homes starting at $500,000 in Bainbridge Ohio

Happy searching!

Search for all luxury homes for sale in Greater Cleveland Ohio at Olsen Ziegler Realty

A $marter Way to buy and sell your Bainbridge Ohio Luxury Home