$1,781 Closing Credit*
$150,000
2,080 SqFt
4 Beds
•2 Full Baths
Michael Lewis, Listing Office: Russell Real Estate Services
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 November 2023
At the same time last year, North Shore Colinwood was a Seller's Market.
Key Takeaway
North Shore Colinwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Shore Colinwood, OH
How much do homes in North Shore Colinwood, OH cost?
Median Sold Price
$108,500
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,500(+8.5%)
Key Takeaway
Homes in North Shore Colinwood have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in North Shore Colinwood was $108,500 in November 2024, up 8.5% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $47.7K | N/A |
| 2 Bedrooms | $85K | $82.5K | -2.9% |
| 3 Bedrooms | $101K | $100K | -1.0% |
| 4 Bedrooms | $91K | $134.9K | +48.3% |
| 5+ Bedrooms | $100K | $127K | +27.0% |
Summary: North Shore Colinwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 48.3%, and 5+ bedroom homes increased by 27%.
Housing Supply in North Shore Colinwood, OH
How many homes are available in North Shore Colinwood, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 59 | -4.8% |
Summary: The North Shore Colinwood real estate market had 59 homes for sale in November 2024, a 4.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The North Shore Colinwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Shore Colinwood, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in North Shore Colinwood in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 32 Days | -50.3% |
Summary: Homes in North Shore Colinwood had an average of 32 days on market in Nov 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 November 2024, 8 homes were sold in North Shore Colinwood; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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