$4,305 Closing Credit*
$362,500
1,914 SqFt
3 Beds
•2 Full Baths
Robert R Erney, Listing Office: RE Closing Professionals, LLC.
Is Brecksville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Brecksville has remained a Seller's Market.
Key Takeaway
Brecksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brecksville, OH
How much do homes in Brecksville, OH cost?
Median Sold Price
$387,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,250(-1.8%)
Key Takeaway
Homes in Brecksville have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Brecksville was $387,000 in November 2024, down 1.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91K | $88.7K | -2.5% |
| 2 Bedrooms | $190.9K | $187K | -2.0% |
| 3 Bedrooms | $325K | $340K | +4.6% |
| 4 Bedrooms | $490K | $543.7K | +11.0% |
| 5+ Bedrooms | $567.5K | $806K | +42.0% |
Summary: Brecksville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 42%.
Median Sold Price Compared To Nearby Cities
| Independence | $295K | $326.5K | +10.7% |
| Sagamore Hills Township | $265K | $285.7K | +7.8% |
| Broadview Heights | $312.5K | $327K | +4.6% |
| Brecksville | $394.2K | $387K | -1.8% |
Housing Supply in Brecksville, OH
How many homes are available in Brecksville, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Brecksville real estate market had 52 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Brecksville 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 27.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brecksville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Brecksville in November 2024, up by 27.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Brecksville, OH
How long does it take to sell a home in Brecksville, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 19 Days | -42.1% |
Summary: Homes in Brecksville had an average of 19 days on market in Nov 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brecksville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Brecksville; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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