Here is our monthly market report for real estate in Solon OH for the month of July, 2018.

HOMES SOLD IN SOLON - JULY 2018

ADDRESS                   PRICE   

31895 Bainbridge Rd     $120,000

6718 Som Center Rd     $172,550

6746 Duneden Ave        $187,500

6434 Glenallen Ave       $202,500

6591 Copley                  $210,000

31685 Crabtree Ln        $220,000

6564 Brookland Ave      $220,000

6462 Woodbury Dr        $240,500

33500 N. Burr Oak        $249,500

32943 Charmwood        $250,000

5360 Brainard                $255,000

31906 S Roundhead     $260,000

7348 Selworthy             $270,000

31737 S. Roundhead    $279,000

31920 Lynton Ln           $279,000

33804 Canterbury         $280,000

32990 Cromwell            $287,000

6947 Kingswood           $290,000

5600 Saddle Lane         $315,000

34525 Ada Lane            $326,500

34200 Lakeview            $339,300

5740 Ledgebrook          $340,000

35250 Spatterdock        $359,900

6275 Cloverly                 $363,000

34875 McAfee                $370,000

7651 White Oak             $378,000

7130 Witch Hazel           $390,000

6630 Andre Lane           $395,000

34091 Summerset         $398,000

33409 Seneca               $400,000

7503 Capilano Dr          $400,000

7198 Longview Dr         $444,000

6667 Brandamore         $445,000

6950 Silkwood              $446,000

31800 Burlwood Dr      $550,000

38285 McDowell Dr     $550,000

325050 Burlwood Dr    $557,500

6742 Ayleshire Ln        $563,000

28535 Blue Pond Tr     $590,000

7280 Rollingbrook        $600,000

7575 Stockwood Dr      $845,000

 

SOLD HOME STATISTICS SOLON OHIO - JULY 2018

Date                                         # of homes sold         Ave. Sales Price             

July 2018                                       42  (190)                          $355,563

July 2017                                       39  (214)                          $371,576

(   ) numbers in parenthesis = YTD sales

*source NEOHREX ( Regional MLS )

COMMENTARY:

July sales were a result of buyers wanting to get into their new home before the new school year started.  Summer months always see a larger number of sales, and so far this summer, that holds true.

Year to date sales still lag behind sales figures from 2017. As mentioned in previous posts, the result is likely from a lack of inventory early in the year, not necessarily demand.

While August is typically a slow month, the market picks up again after Labor Day and tapers off after Thanksgiving.