$10,000 Closing Credit*
$850,000
4 Beds
•4 Full Baths, 1 Partial
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 October 2023
Since last year, Bratenahl has remained a Seller's Market.
Key Takeaway
Bratenahl is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 October 2023
+$97,500(+30.2%)
Key Takeaway
Homes in Bratenahl have sold for 30.2% more than they did a year ago.
Summary: The median home sold price in Bratenahl was $420,000 in October 2024, up 30.2% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $255K | +131.8% |
| 2 Bedrooms | $277.5K | $281K | +1.3% |
| 3 Bedrooms | $400K | $452.5K | +13.1% |
| 4 Bedrooms | $290K | $775K | +167.2% |
| 5+ Bedrooms | $820K | $1.0M | +32.6% |
Summary: Bratenahl housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.8%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 167.2%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
| Bratenahl | $322.5K | $420K | +30.2% |
| Cleveland | $155.4K | $164.2K | +5.7% |
Housing Supply in Bratenahl, OH
How many homes are available in Bratenahl, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Bratenahl real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Bratenahl housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bratenahl, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Bratenahl in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 146 Days | +923.8% |
Summary: Homes in Bratenahl had an average of 146 days on market in Oct 2024, up by 923.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bratenahl has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Bratenahl; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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