This post was contributed by a community member. The views expressed here are the author's own.

Business & Tech

House Hunt: Hot Properties for You to Look at this Weekend

See open houses for this weekend and check out the statistics for new construction nationwide

According to the Wall Street Journal, U.S. home construction rose in June to 629,000 homes at a seasonally adjusted rate. This is up from 549,000 in May and the most since January.

The pace of construction is still low compared to the peak of 1.5 million starts in 2007. As the housing market continues to recover and the glut of vacant and foreclosed homes is absorbed, hopefully new construction will continue to improve. 

There is new construction to be found in the Hillcrest area. The development at Hidden Woods in Mayfield Heights is ongoing and houses are being sold.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

Listed below is the breakdown of the 226 properties sold in Mayfield, Mayfield Heights, Mayfield Village, Highland Heights, Gates Mills and Lyndhurst since Jan. 1, 2011.

Active: 0  Pending: 0  Sold: 226  Other: 0  Total: 226

 

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM  Minimum  0   0.00   816   $29,750   $28,775   0/0   Average  3   2.31   1,873   $169,720   $154,919   141/191   Median  3   2.00   1,594   $129,900   $120,750   100/128   Maximum  6   7.00   8,332   $1,900,000   $1,750,000   732/1290   Total Dollar Value           $35,011,594      Average DOM Breakdown and Average % of Listing Price received on Solds by Market time:    0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days   No. of Listings   34    37    36    23    96   Breakdown %   15.04    16.37    15.93    10.18    42.48   Avg SP%LP   95.84    91.50    89.16    92.87    90.37 

 

  Average CDOM Breakdown and Average % of Listing Price received on Solds by Market time:    0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days   No. of Listings   28    28    29    23    118   Breakdown %   12.39    12.39    12.83    10.18    52.21   Avg SP%LP   95.70    91.91    88.85    92.91    90.75 
We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?

More from Mayfield-Hillcrest