$679 Closing Credit*
$57,200
3 Beds
•1 Full Bath
Seth L Young, Listing Office: Century 21 Premiere Properties, Inc.
Is North Shore Colinwood, 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, North Shore Colinwood has remained a Seller's Market.
Key Takeaway
North Shore Colinwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Shore Colinwood, OH
How much do homes in North Shore Colinwood, OH cost?
Median Sold Price
$112,500
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,200(+16.8%)
Key Takeaway
Homes in North Shore Colinwood have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in North Shore Colinwood was $112,500 in October 2024, up 16.8% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $47.7K | N/A |
| 2 Bedrooms | $85K | $78.6K | -7.5% |
| 3 Bedrooms | $100K | $102.5K | +2.5% |
| 4 Bedrooms | $90K | $134.9K | +49.9% |
| 5+ Bedrooms | $100K | $120K | +20.0% |
Summary: North Shore Colinwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 49.9%, and 5+ bedroom homes increased by 20%.
Housing Supply in North Shore Colinwood, OH
How many homes are available in North Shore Colinwood, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 65 | +6.6% |
Summary: The North Shore Colinwood real estate market had 65 homes for sale in October 2024, a 6.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The North Shore Colinwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
11 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 North Shore Colinwood, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in North Shore Colinwood in October 2024, the same as the previous month. Of the 12 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.
Days on Market for North Shore Colinwood, OH
How long does it take to sell a home in North Shore Colinwood, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 57 Days | +91.3% |
Summary: Homes in North Shore Colinwood had an average of 57 days on market in Oct 2024, up by 91.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Shore Colinwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in North Shore Colinwood; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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