Twinsburg, OH

Twinsburg Real Estate.

What's Your Abram's Farm and Firelands Neighbor's House Selling for?

Twinsburg Real Estate market is one of the most active and healthy ones in Greater Cleveland. Latest additions to Ethan's Green located South of Post Rd. present Firelands, Meadows of Ethan's Green and Abram's Farm subdivisions. It's a very popular and desirable destination for many young families, mostly professionals. Since new University Hospitals, Cleveland Clinic and Rainbow Hospitals locations have been opened nearby, many health professionals started settling in these developments, too.

Let's look at the number and quality of sales in 2011. It was 25 homes sold in last year for the respectable prices between $217,000.00 for the 1,990 sq. ft. house at 3055 Appleby Ln. to $378,000.00 for the 3,944 sq. ft. home at 9277 Sasha Ct.

Currently we have just six houses offered for sale in this part of Twinsburg:

9803 Burton Dr offered for $217,900

9379 Sasha Ct - $269,900

2987 Zenas Ct - $295,000

9791 Firelands Dr - $339,000

3221 Evans Way - $345,000

9298 Jason Dr - $459,900.

One property is under the contract. Looks like we have a lack of inventory in this beautiful Twinsburg neighborhood!

If you need to sell your Twinsburg home, please don't hesitate to contact Svetlana at 877-770-5551 x 801. Confidential and free Maximum home value audit will help you assess your selling needs, strength and areas of improvement. Call today!

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!

Twinsburg OH Real Estate 44087 - Home Values Report First Quarter 2011

In this report, we will first list all Twinsburg Oh home sales in the 44087 zip code for last month, and then give a comparison to the first quarter this year versus 2010. Commentary will follow.

TWINSBURG OH HOME SALES MARCH 2O11

9412 Chamberlin Rd	$62,000
9235 Gettysburg Dr	$110,000
9278 Liberty Rd	$129,900
1664 Iris Glen Dr	$136,900
1637 Iris Glen Dr	$140,000
9835 Country Club	$172,500
2270 Glenwood Dr	$179,000
11288 Palmer Ln	$187,500
9677 Darrow Rd	$194,000
10377 Oviatt	$215,000
2647 Bronsons Way	$224,000
3131 Killingworth Ln	$294,500

All Sales # of homes sold Ave. Sales Price

First Quarter 2011 28 $175,550

First Quarter 2010 33 $185,583

March 2011 12 $170,442

March 2010 15 $175,423

SUMMARY

Homes sales and the average sales price were down during the first quarter of this year. In terms of sales, last year saw a surge of activity due to the home buyer tax credit. So, we anticipate sales to be lower at least through the first half of this year compared to 2010. While the average sales price did go down compared to last year, we believe it is a little too early to determine if this is a trend that will continue throughout the year.

When looking at home values in Twinsburg, the above statistics cannot be used to make a blanket statement on every home in the market. There are certainly neighborhoods and price points that are deemed more desirable by local home buyers, and these areas will often hold their value even if overall statistics show a slight downward trend.

If you are looking to buy or sell a home in Twinsburg, the best way to find out what your home is worth is to enlist the services of a local real estate agent. There is no substitute for the market knowledge that an agent can give you.

Below are other articles of interest pertaining to Twinsburg Real Estate:

Twinsburg Oh Real Estate - Year End Home Value Report 2010

Twinsburg Real Estate - Third Quarter Home Value Report 2010

Twinsburg Real Estate - Monthly Market Report August 2010

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About The Authors:

Dan and Amy Schuman live on the East side of Cleveland and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.

For Ohio and Twinsburg Oh real estate and homes see Twinsburg OH real estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235 or email.

LET'S CONNECT:

Twinsburg Oh 44022 - Home Values Report First Quarter 2011 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©April, 2011

Twinsburg Ohio Year End Market Report 2010

 

 

 

 

Here is our official 2010 year in review for Twinsburg Oh real estate, complete with a comparison to 2009. We will provide commentary after giving statistics on the Twinsburg Ohio housing market.

 

Sales     # of Homes Sold        Ave. Sales Price                High                  Low

2010                      183                    $207,145               $409,000            $46,000

2009                      216                    $194,832               $460,000            $20,000

 

Here is a break down of all 2010 sales by specific price bands:

 

Source: NEOHREX

Commentary

We saw less home sales this year in Twinsburg, but the average price increased. We attribute that to less distressed sales, especially in the under $100,000 price point.

While many of the area's older suburbs such as Pepper Pike saw an increase in sales and purchase price, cities with newer housing such as Twinsburg and Solon saw a decrease in sales.

There is no way to tell why this may be, but one theory states that there are more people under water on their mortgages in areas like Twinsburg, thus they are not able to price their homes to sell. The last 10 years saw a large amount of sales in newer subdivisions such as Ethan's Green, and many buyers put very little money down during the years when low down payment loans were the norm. Consequently, a lot of the folks now looking to sell have little or no equity, making sales more difficult.

Moving forward, we anticipate sales and average sales price to remain flat for a while here in Twinsburg until the local economy improves. However, with rates remaining low, it still remains a favorable time to buy, especially those that are moving up to a larger home.

 

View Twinsburg Ohio in a larger map

--------------------------------------------------------------------------------------------------------------------

About The Authors:

Dan and Amy Schuman live on the East side of Cleveland and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.

For Ohio and Twinsburg Oh real estate and homes see Twinsburg OH real estate

For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235 or email.

 

 

 

LET'S CONNECT:

 

Twinsburg Oh Year End Market Report 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©January, 2011