It's springtime and a great time to look at what houses are on the market. Rates are low and the inventory of houses available is larger than ever. Although it's a buyers market, home sales are starting to pick up.
As of April 14, these are statistics for 77 homes (houses and condominiums) that have been sold this year in Mayfield, Mayfield Heights, Mayfield Village, Highland Heights, Gates Mills and Lyndhurst since Jan. 1, 2011.
Figures are based on homes sold through Realtors and reported to Multiple Listing Service.DOM =Days on Market CDOM=Continous Days on Market.
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Bedrooms Bathrooms Square Feet List Price Selling Price DOM/CDOM Minimum 2 1.00 0 $36,800 $30,000 4/4 Average 3 2.31 1,851 $162,494 $146,972 135/185 Median 3 2.00 1,662 $139,900 $128,000 105/168 Maximum 6 6.00 6,030 $645,000 $587,500 607/607 Total Dollar Value $11,316,830
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