Cleveland Heights Real Estate Market Extends Downward Trend in Contracts

Sales remained steady from last week to this week, with three homes sold in the Cleveland Heights market over the last 30 days. However, a confirmed downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price of all transactions in Cleveland Heights did not budge this week, remaining at $998,888.

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Demographic facts about Cleveland Heights:

  • The median house value here is $412,309.
  • The area gets an average of 64 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 14.5%.
  • The students per teacher ratio in this area is 18.7:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Benchmark Properties
Climb Real Estate Group
10 reviews
Path Real Estate
Snapped 3 homes in this area

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