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House Hunt: Prices Starting to Edge Upward

Price indexes rose 0.8 percent in April

 
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$270,000, 33900 Dorchester Road, Gates Mills, noon to 2 p.m. Sunday. Hosted by Howard Hanna. Howard Hanna
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$270,000, 33900 Dorchester Road, Gates Mills, noon to 2 p.m. Sunday. Hosted by Howard Hanna.
$795,500, 509 Battles Road, Gates Mills,  2-5 p.m. Sunday. Hosted by Howard Hanna.
$579,500, 1400 West Hill Drive, Gates Mills, 2-4 p.m. Sunday. Hosted by Howard Hanna.
$269,900, 951 Oakview Drive, Highland Heights, 1-3 p.m. Sunday. Hosted by Prudential Select Properties.
$154,333, 691 Kenbridge Drive, Highland Heights, noon to 2 p.m. Sunday. Hosted by Keller Williams.
$217,500, 5084 Dogwood Trail, Lyndhurst, 2-4 p.m. Sunday. Hosted by Howard Hanna.

According to the Wall Street Journal, home prices edged up in April 2011.  The Federal Housing Finance Agency's House Price Index – a measure of home prices based on mortgages owned or guaranteed by Freddie Mac or Fannie Mae – rose 0.8 percent in April from March.  It was the first increase in almost a year, but the sector remains weak: Home prices are down 5.7 percent from a year ago and remain at 2004 levels. 

Listed below is a breakdown of the current 207 active listings for Mayfield, Mayfield Village and Mayfield Heights areas.  Prices range from $34,000 to $499,900. 

 Active: 207  Pending: 0  Sold: 0  Other: 0  Total: 207
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1   1.00   494   $34,000      1/1 
 Average  3   2.18   1,681   $174,640   $0   125/182 
 Median  3   2.00   1,476   $159,900   $0   97/110 
 Maximum  6   5.00   4,076   $499,900   $0   593/1057 
 Total Dollar Value         
Related Topics: Home Guide, Open Houses, Real Estate, hillcrest real estate data, and houses for sale hillcrest

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