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Market Conditions for Aurora, Ohio
Reported by Diane Norris, GRI, e-PRO Certified Internet Professional REALTORŪ
Updated August 31, 2009.
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Current Market Rating: 2
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Buyer's
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Seller's
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Current Price Trend: 3
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Falling
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Market values are in a constant state of flux. This report examines the market trend over the two month period from 6/30/09 to present 8/31/09.
Currently, there are 292 homes available from $44,900 to $1,550,000.
According to MLS data, over the past two months, there have been 45 homes sold for an average price of $209,498. These homes were on the market for an average of 111 days and sold for 88.61% of their asking prices. There are currently 20 additional homes awaiting closing.
The 45 sales plus 20 pending sales total 65 success stories over the past two months, or 32.5 homes per month!
292 available homes divided by 32.5 equals a 8.98 month supply of homes, indicating we're still in a buyer's market!
Mortgage Rates are still at historic lows, the $8,000 first time homebuyer tax credit is in effect until the end of November, and there's a fabulous supply of homes, so if you've been considering a move, there's no time like the present!
Is it still a buyer's market? Pretty much, yes. When there are lots of homes available, buyers have more choices and can pick and choose. That means sellers are more likely to negotiate if you choose theirs. But prices have been adjusted to compensate already, too. So, don't Miss YOUR opportunity to buy before its too late to get a great deal.
Aurora is a great place to live and with the amount of current inventory in the market and continuing great mortgage rates, if you're pondering a move, this is the right time! Call Diane today at (216) 408-0886 for more information about this charming town!
ZIP Code: 44202
Approximate Location Boundaries: Aurora is east of Cleveland, in western Portage County, and is near several major Ohio routes making it convenient for commuters and tourists alike.
Location Characteristics: Aurora began as a Western Reserve farming community but today is includes gated, single family homed and condominium communities, golf courses and an amusement part and shopping centers. Although it has seen major growth over the last several years, the town has kept its character largely due to architectural standards for construction.
This is a diverse community and includes renovated summer cottages turned to year-round use near Geauga Lake to multi-million dollar golf course estates. Aurora offers the best of all worlds - a beautiful, modern suburban community with old-fashioned charm and nearby shopping. Call Diane Norris today at 216 408 0886 to schedule your VIP tour of the Aurora area. Thinking about putting your Aurora home on the market? Call your area expert! Diane offers professional consultation services, great marketing exposure and extremely competitive rates!
For More Information:
View Market Conditions of other areas served by Diane Norris
Navigate: Top > Ohio > Aurora
About Diane Norris:
I'm passionate about what I do and I've been helping people achieve their dreams now for over 21 years as a full-time professional REALTOR. As a e-PRO, I'm your local area internet specialist using the power of the internet for communications and marketing. Contact me by email at Diane@GreaterClevelandProperties.com and you'll usually have a response within an hour or two (unless I'm out showing or listing homes) and for sure within 24 hours! If you prefer, call 216 408 0886. I specialize in listing and selling homes in communities on the east side of Cleveland.
Looking for a new home? NAR surveys show that most people now begin their home search online. Feel free to search the MLS on my website, www.GreaterClevelandProperties.com or do it the easy way: Sign up and let me send you listings that match your price range and criteria as they come on the market! You'll know about listings immediately, an important factor when the market gets hot! My focus is to provide information to help you become an informed consumer. Then, when you are ready to look at homes, I'll be there for you, throughout the buying process.
Or...Perhaps you're considering selling? Since most people begin looking for a new home online, your home needs to be everywhere that buyers look! I'll be happy to set up a consultation to show you how my innovative marketing techniques will help you achieve your goals, to get the most exposure and fastest possible action to sell your home!
Let my knowledge and experience work for you whether you are buying or selling property in the Greater Cleveland area, I can help because When it Comes to Real Estate . . .
Diane Delivers Dreams!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
