May 2010 real estate market statistics report for the Brecksville, Ohio community in Northeast Ohio. Absorption Rates and Months Housing Supply These two terms are one piece of the puzzle to help real estate agents, appraisers, home sellers and buyers alike make sense out of the real estate market. This is a little-known, but effective tool, if used in proper context, to help a home seller or buyer understand the market conditions for the home they wish to sell or buy. The easiest way to define these two terms is with an example: Absorption Rates (AR)- The rate at which homes are selling (ie. absorbed), over a specific time period, typically 12 months.  This is beneficial in determining supply and demand trends for the local market. Months Housing Supply (MHS) - How long it will take, i... 06/06/2010

Mark your calendars for theBrecksville Ohio Home DaysFriday, Saturday, and SundayJune 25th, 26th and 27th!and enjoygreat foodfun musical entertainmentchildren's activitiesridesfireworks (the BIG fireworks will be on Sunday night, June 27th at 10:00p.m.)Our family has enjoyed this wonderful event many times over the years and look forward to attending again this year. Here are some pictures from last year's Homedays A great big thank you to all the folks who give of their time to make this happen! 06/03/2010

There are still some great events to be had on the Cuyahoga Valley Scenic Railroad that runs through the Cuyahoga Valley National Park. I snapped this photo of a flyer in the park today. Take your bike and only pay $2. The Day Out With Thomas is always a huge hit and it's fun to see the train look like Thomas the Train. 05/16/2010

My friend Glen and I continued our 9 mile hike today on the Towpath Trail in the Cuyahoga Valley National Park (CVNP). The first half of the hike was on the Buckeye Trail. The towpath trail is flat, hard packed gravel, about six feet wide and is used by walkers, hikers coming from the Buckeye Trail, bicycle riders, as well as runners. Enjoy!   05/16/2010

My friend Glen and I took a 9 mile hike today on both the Buckeye Trail and the Towpath Trail in the Cuyahoga Valley National Park (CVNP). This post will have a few photos of a section of the Buckeye Trail from Vaughn Road down to Boston Mills Road. The old saying: A bad day on the golf course is better than a good day at the office -- substitute hiking on the CVNP trails is always that way, but today was spectacular in the mid-60s, some sun and clouds, and a great day to enjoy one of our nation's national parks. Read the next post on the last half of the hike on the Towpath Trail. Who knows...some type of fungi Shale formations.   05/16/2010

Here are the April 2010 real estate market statistics for the Brecksville, Ohio community in Northeast Ohio Absorption Rates and Months Housing Supply These two terms are one piece of the puzzle to help real estate agents, appraisers, home sellers and buyers alike make sense out of the real estate market. This is a little-known, but effective tool, if used in proper context, to help a home seller or buyer understand the market conditions for the home they wish to sell or buy. The easiest way to define these two terms is with an example: Absorption Rates (AR)- The rate at which homes are selling (ie. absorbed), over a specific time period, typically 12 months.  This is beneficial in determining supply and demand trends for the local market. Months Housing Supply (MHS) - How long it will ... 05/09/2010

The Four Seasons neighborhood in Brecksville, Ohio, 44141 consists of 80 luxury, single-family homes built between 1999-2008 with homes ranging from 2,896 to 7,639 square feet.   The lot sizes range from .75 - 2.3 acres with the majority of the properties being .9-1.2 acres.  The highest sales price recorded (as listed in the County Auditor's website) was $975,000 in 2007.  The nine recorded sales since 2008 are: $687,500. 9881 Turning Leaf Trail.    Sold on 2/25/2010. $660,000. 4842 Snow Blossom Lane. Sold on 12/15/2009. $800,000. 2375 Springside Oval.       Sold on 9/11/2009. $667,000. 4846 Snow Blossom Lane. Sold on 8/19/2009. $810,000. 2379 Springside Oval.       Sold on 7/30/2009. $856,633. 6599 Summer Wind Drive.  Sold on 9/12/2008. $577,900. 2340 Springside Oval.       Sold on 7/... 05/09/2010

The Highland Glens neighborhood in Brecksville, Ohio, 44141 consists of 45 single-family homes built between 1996-2008 with homes ranging from 2,394 to 3,853 square feet.   The lot sizes range from .51 - 2.11 acres with the majority of the properties being 1/2-3/4 acre.  The highest sales price recorded was $555,262 in 2006.  There were three other sales above 500K that sold in 2006-08. The three recorded sales since 2008 are: $325,000. 6568 Glen Coe. Sold on 4/1/2010. $345,000. 6568 Glen Coe. Sold on 3/30/2010. $517,720. 6553 Glen Coe. Sold on 3/13/2008. Highland Glens is a smaller type of neighborhood which only contains two streets in Brecksville, Ohio.   The streets in Highland Glens consists of: Glen Coe Drive -- off Edgerton Road, just west of Highland Drive Roxburghe Drive -- Off... 04/25/2010

As a Accredited Buyer's Representative (ABR) and a REALTOR with strong negotiating experience, I would be happy to assist you with your next home purchase or sale in the Brecksville Ohio real estate marketplace. View the February 2010 Brecksville Real Estate Market Report. Various Brecksville Neighborhood Real Estate Market Reports: Echo Hills and Neighborhood Profile Chapel Hill Chippewa Hills Country Woods Cranbrook Emerald Woods Heather Hills Bradford Village Chapel Hill One Chippewa Trail Preston Village A Stone's Throw Crane Creek Seneca Woods Valleybrook Estates Woodcrest Brecksville Ohio Rated #2 of 20 Best Affordable Places to Retire. View a few of my favorite Brecksville local businesses: Honey Hut Ice Cream Shoppe Paul Duda Gallery Frankie's Wok Chinese Restaurant Clip-ity Clo... 04/18/2010

The Woodcrest neighborhood in Brecksville, Ohio, 44141 consists of 24 townhome-style ranch and cape cod condos (Woodcrest Condo Association) on Woodcrest Drive.  Homes range from 1,613 to 2,068 square feet. Homes in the Woodcrest neighborhood were built in 1990-1991. The highest sales price recorded was $278,000 in 2000.  There were no recorded sales from 2008-present.   Here is the recent sales activity:           Sold Date        Sold Price            Address 9/5/2008       $245,995             9083 Woodcrest 5/27/2008      $266,250             9080 Woodcrest 1/13/2007       $250,000            9087 Woodcrest If you are looking for a maintenance-free, modern, stylish and exceptional location then the Woodcrest neighborhood has many of the same amenities that I listed in the Cranbrook ... 04/18/2010

The Cranbrook neighborhood in Brecksville, Ohio, 44141 consists of 24 single-family homes on Cranbrook Drive and 5 single-family homes on Dogwood Circle.  homes range from 1,400 to 4,432 square feet. Homes in the Cranbrook neighborhood were built from 1960-1976, with the majority of homes built in the 1960s.   The highest sales price recorded was $266,750 in 1994 for 6958 Cranbrook Drive.        Here is the recent sales activity:           Sold Date        Sold Price            Address 3/16/2010       $239,900           6908 Cranbrook 12/17/2008      $220,000           6900 Cranbrook 3/18/2008       $220,000            6803 Cranbrook 11/22/2005      $218,000           6901 Cranbrook I think one of the main things that makes the Cranbrook neighborhood special is visible in the second pho... 04/18/2010

  The One Chippewa Trail neighborhood in Brecksville, Ohio, 44141 consists of 13 single-family homes.  Two homes are to-be-built and are available for purchase.  These development started in 2007.  Sold homes ranging from 2,685 to 3,579 square feet. The highest sales price recorded was $1,020,743 in 2007.  The remaining recorded sale prices are: $1,006,895 (2008), $810,579 (2008), $795,620 (2009), $771,080 (2009) $769,000 (2009), $729,317 (2007), $649,000 (2008), $621,837 (2007), $612,000 (2006). One Chippewa Trail is a unique, cluster-home, luxury home development built by Petros Homes.  Here is a site map of the development. Access to the development is off Chippewa Road, just east of downtown Brecksville, on the north side of the street, directly across from the Brecksville Reservat... 04/18/2010

The Chapel Hill neighborhood in Brecksville, Ohio, 44141 consists of 31 single-family homes built between 1949-1964 (most were built between 1961-64) with homes ranging from 1,830 to 3,213 square feet with the majority of homes between 2,000-2,600 square feet.   The lot sizes range from .44 - .89 acres.  The highest sales price recorded was $418,000 in 2006.  The next highest sales price was $276,000 in 2004. There are no recorded sales in in 2009 or 2010. There was one recorded sale in 2008 with a sales price of: 201K.  Chapel Hill is a smaller type of neighborhood which only contains two streets in Brecksville, Ohio.   The streets in Chapel Hill consists of: Chapel Hill Drive (the main entrance to the neighborhood off Brecksville Road) Chapel Hill Oval Glen Drive (a portion of this st... 04/17/2010

The numbers you see below are fairly typical first quarter results. Some of the closed and contingent sales likely went under contract in December and early January. I have been very busy during the first quarter as is the case with many of the agents in my office. I would expect a good increase in the number of transactions in the second quarter. Although the number of transactions will increase, it remains to be seen whether or not there will be a significant increase in closed sales prices. The yellow areas represent an decrease from 4th quarter, the red and increase. Many buyers and sellers are trying to take advantage of the tax credit, which ends on April 30th 2010. BRECKSVILLE # OF ACTIVE LISTINGS 93 AVG. SQFT. 3341 AVG. PRICE PER SQFT. $131.92 AVG. MARKET TIME 190 AVG. LIST PRIC... 04/15/2010

The Seneca Woods neighborhood in Brecksville, Ohio, 44141 consists of approximately 78 single-family homes built between 1979-2004 (majority of homes built in the 1980s) with homes ranging from 1,732 to 3,794 square feet with the majority of homes between 2,400-3,400 square feet.   Most lots are generally 1/2 acre.  The highest sales price recorded was $360,000 in 1999.  There are no recorded sales in in 2009 or 2010. There was one recorded sale in 2008 with a sales price of: 290K.  Seneca Woods is a typical type of neighborhood in Brecksville, Ohio.   The streets in Seneca Woods consists of: Tamarack Trail (the main entrance to the neighborhood off Edgerton Road Whitacre Circle Sweetwater Drive View the February 2010 Brecksville Real Estate Market Report. Various Brecksville Neighborho... 04/10/2010

The Valleybrook Estates neighborhood in Brecksville, Ohio, 44141 consists of approximately 58 single-family homes built between 1996-2008 with homes ranging from 2,616 to 5,505 square feet with the majority of homes between 3,200-4,500 square feet.  Most lots are generally 1/2 acre.  The highest sales price recorded was $830,000 in 2008.  There are no recorded sales in 2010 thus far. There were four recorded sales in 2009 with sales prices of: 338,655, 500K, 560K and 830K.  There were two recorded sales in 20089 with sales prices of: 510K and 564,500. Valleybrook Estates is a development of new and larger homes, relatively speaking than the typical Brecksville, Ohio neighborhood.   The streets in Valleybrook Estates consists of: Valleybrook Drive (the main entrance to the neighborhood o... 04/10/2010

The Emerald Woods neighborhood in Brecksville, Ohio, 44141 consists of approximately 92 single-family homes built between 1991-1998 with homes ranging from 2,335 to 5,306 square feet with the majority of homes between 2,716-4,764 square feet.  Most lots are generally 1/2 acre.  The highest sales price recorded was $489,000 back in 2005.  There were no recorded sales in 2009. There were four recorded sales in 2008 with sales prices of: 305K, 334K, 408K and 410K.  Emerald Woods is a development of new and  larger homes, relatively speaking than the typical Brecksville, Ohio neighborhood.   The streets in Emerald Woods consists of: Cinnabar Drive (the main entrance to the neighborhood off Chippewa Road (also known locally as Route 82) Crystal Creek Drive Sunstone Drive Woodstone Drive View... 04/06/2010

The Country Woods neighborhood in Brecksville, Ohio, 44141 consists of approximately 76 single-family homes built between 1987-1999 with homes ranging from 2,335 to 5,306 square feet with the majority of homes between 3,500-4,500 square feet.  Most lots are generally 1/2 acre, with a few lots being larger.  The highest sales price recorded was $556,500 back in 2004.  There have been three recorded sales since 1/1/2008 with sales prices of: 375K, 454K and 475K.  Country Woods is a development of larger homes, relatively speaking than the typical Brecksville neighborhood.  Comparable neighborhoods in Brecksville would be Emerald Woods, located east of town off Route 82 (Chippewa Road) and The Timbers, located north of town off Route 21 (Brecksville Road).  Emerald Woods is a newer neighbo... 03/29/2010

Brecksville Ohio Single-Family Homes For Sale As a Accredited Buyer's Representative (ABR) and a REALTOR with strong negotiating experience, I would be happy to assist you with your next home purchase or sale in the Brecksville Ohio real estate marketplace. View the February 2010 Brecksville Real Estate Market Report. Various Brecksville Neighborhood Real Estate Market Reports: Echo Hills Chippewa Hills Heather Hills Bradford Village Chapel Hill Preston Village A Stone's Throw Crane Creek Brecksville Ohio Rated #2 of 20 Best Affordable Places to Retire. View a few of my favorite Brecksville local businesses: Honey Hut Ice Cream Shoppe Paul Duda Gallery Frankie's Wok Chinese Restaurant Clip-ity Clop Horse Tack Brecksville Donut & Coffee Shop Fun things to do in and around Brecksville Ohi... 03/28/2010

The Echo Hills neighborhood in Brecksville, Ohio, 44141 has lots of hidden treasures that many potential home buyers don't realize when the first drive into this wonderful neighborhood of 303 single-family homes.  Imagine being able to walk out your front door, go swimming, play in the sand at the beach, fishing, go to the playground, all before lunch time, and a car isn't needed!  This is Echo Hills. The original section of Echo Hills (entrance is Echo Hill Drive off Snowville Road) was primarily built in the 1950s-60s.  The second section of Echo Hills was built in the 1970s-80s.  Some of these homes were built by Ryan Homes (1970s) and the other homes were built by Sherwood Construction (1980s).  The newer section has entrances of Deer Run and Old Orchard Drive, both of Snowville Ro... 03/25/2010