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Broadview Heights Real Estate Update June 2022

Broadview Heights Real Estate Update – June 2022

If you’re thinking about selling your house, you’re going to need to keep reading…

Comparing May of 2021 to May of 2022, we saw the number of homes for sale down 22%. We also say homes selling for about 103% of the list price. This number is up just a hair from last year which shows us that there is still a lot of buyer demand here in Broadview Heights and sellers are getting about 3% more than their asking price. Price per square foot on average is also up about 4% from last year too.

In terms of available inventory should we not get any more new listings, is hovering at about 15 days. Meaning, that if we didn’t get another new listing in the city, all the currently available inventory would be sold in about 2 weeks.

Homes sold 73% faster or about 20 days quicker this May than they did last May too.

If you’re on the fence about whether you should sell your house, please give me a call or shoot me a text at 440-577-6239.

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