November 2021 Broadview Heights Real Estate Update
I’m Rich Ganim with the Cleveland Home Specialists and this is your October real estate update for Broadview Heights. There are currently 50 properties for sale in the city of Broadview Heights with a mix of homes, townhomes, clusters, and condo’s.
The average sales price in October was $414,100. The median sales price or the middle number of all the homes sold is $378,700.
The most expensive property for sale in the city is just under 9.5 acres on Royalton Rd and the most expensive single-family home in the city is currently listed for 1.295 million dollars.
The largest home on the market has over 10,000 square feet and has 7 bedrooms and 9 bathrooms.
In the month of October, there were a total of 85 properties for sale, which is down 15.8% over October of 2020.
32 properties went under contract during October which is up 6.7% over this same time last year.
There were 27 properties that transferred ownership which is down 12.9% over last year.
There is also 1.5 months of active inventory available on the market and as well know, less than 3 months of inventory is considered a seller’s market.
To see what your home is worth in today’s market head to ClevelandHomeSpecialists.com/evaluation or give us a call at 440-781-1374.