$4,720 Closing Credit*
$397,500
2,528 SqFt
3 Beds
•3 Full Baths
Craig Cantrall, Listing Office: Chestnut Hill Realty, Inc.
Is Bratenahl, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bratenahl was a Seller's Market.
Key Takeaway
Bratenahl is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bratenahl, OH
How much do homes in Bratenahl, OH cost?
Median Sold Price
$420,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$85,000(+25.4%)
Key Takeaway
Homes in Bratenahl have sold for 25.4% more than they did a year ago.
Summary: The median home sold price in Bratenahl was $420,000 in November 2024, up 25.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $255K | +131.8% |
| 2 Bedrooms | $269.7K | $320K | +18.6% |
| 3 Bedrooms | $399.9K | $450K | +12.5% |
| 4 Bedrooms | $290K | $775K | +167.2% |
| 5+ Bedrooms | $820K | $1.0M | +32.6% |
Summary: Bratenahl housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.8%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 167.2%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
| Bratenahl | $335K | $420K | +25.4% |
| Cleveland | $155.7K | $165K | +6.0% |
Housing Supply in Bratenahl, OH
How many homes are available in Bratenahl, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Bratenahl real estate market had 23 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bratenahl housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bratenahl, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bratenahl in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bratenahl, OH
How long does it take to sell a home in Bratenahl, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 112 Days | +143.5% |
Summary: Homes in Bratenahl had an average of 112 days on market in Nov 2024, up by 143.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Bratenahl are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Bratenahl; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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