Quarterly Market Reports On Sold Homes

 

 

Here is our monthly market report for real estate in Solon OH for the month of May, 2015.

 

HOMES SOLD IN SOLON -  MAY 2015

ADDRESS              PRICE   

32737 Baldwin Rd  $105,000

38240 Fox Run Dr  $115,000

6629 Solon Blvd      $143,500

31698 Sedgefield     $149,000

6920 Som Center    $166,000 

6614 Brookland Ave$167,000  

6705 Edgemoor Ave$170,000

34580 Pettibone Rd$179,900

6557 Forest Glen Dr$183,400

6394 Glenallen Ave $188,000

6833 Green Ridge    $208,000

32547 S Roundhead $210,000

30135 Woodall Dr     $212,000

6554 Solon Blvd        $214,500

7142 Fox Hill Dr       $225,000

32778 S Roundhead $230,000

7386 Cromwell Dr    $230,317

7092 Fox Hill Dr       $233,000

5660 Elm Hill Dr      $245,000

7244 Hollyhock Ln   $248,000

6531 Creekside Trl    $275,000

33017 Springside Ln $280,000

6531 Woodbury Dr   $310,000

33359 Allenbury Dr $340,000

7320 Joseph Dr        $398,000

34865 Seminole Way$412,500

32670 Woodsdale Ln$425,000

6597 Hyllwynd            $473,500

37110 Wexford St        $565,000

7588 Stockwood Dr    $570,000

7227 Capilano Dr        $705,000

7357 Shelford Dr         $710,000

 

SOLD HOME STATISTICS SOLON OHIO - MAY 2015

 

Date                                         # of homes sold         Ave. Sales Price             

May 2015                                       32                            $290,207

May 2014                                       24                            $262,537

 

*source NEOHREX ( Regional MLS )

 

COMMENTARY:

A strong May has pushed overall sales figures for the year higher than during the first 5 months of 2014, albeit by a very small margin.  In addition, there are currently 69 homes under contract.

We have a decent amount of new inventory and begin to embark on the busiest 3-4 weeks of the summer buying season. Naturally, buyers wanting to move before school starts will want to be under contract by the week of July 6.

We expect to see a big rush of buyers making final decisions over the next 30 days, especially right before and after the Fourth Of July weekend.