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March 2023 Market Update

Michael Jones

Michael N. Jones is a Realtor with Keller Williams Living...

Michael N. Jones is a Realtor with Keller Williams Living...

Mar 12 1 minutes read

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Northeastern Ohio market.  

Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home.

Our March 2023 Market report showcases everything you need to know about local real estate trends in Cuyahoga, Geauga, Lake, Lorain, Medina, Portage, Stark & Summit Counties.  

March 2023 Market Update for Northeastern Ohio

[2,992]

New Listings

Down 5.9% Prior Yr

[7,733]

Active Listings

Up 6.8% Prior Yr

[5,435]

Under Contract

Down 20.4% Prior Yr

[2,318]

Closed Sales

Down 12.8% Prior Yr


Homes Sold

[95.09]%

Sales-to-List Price

Down 3.00% Prior Yr


 

$[220,449]

AVG Sales Price

Up 2.2% Prior Yr

[1.8]

Months of Supply

Up 28.6% Prior Yr

[44]

AVG Days on Market

Up 2.3% Prior Yr

$[114]

AVG Price per Sq Ft

Up 5.6% Prior Yr

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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