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Lakewood Market Trends

Today, December 17, 2009

Median Sales Price in Lakewood

Embed Info
1 yr 5 yr Max
Lakewood median sales prices
Number of sold homes in Lakewood
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$53,500+5.2%$35,000$50,834$57,000
2 bedrooms$117,500+54.6%$82,750$76,000$105,000
3 bedrooms$114,900+12.6%$109,000$102,000$130,500
4 bedrooms$95,500+25.9%$90,000$75,834$140,000
All properties$106,500+33.1%$92,250$80,000$125,500
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Lakewood Summary

The median sales price for homes in Lakewood OH for Sep 09 to Nov 09 was $106,500. This represents an increase of 15.4%, or $14,250, compared to the prior quarter and an increase of 33.1% compared to the prior year. Sales prices have depreciated 15.1% over the last 5 years in Lakewood.

The average listing price for Lakewood homes for sale on Trulia was $149,313 for the week ending Dec 08, which represents a decline of 2.4%, or $3,679, compared to the prior week and a decline of 5.1%, or $8,014, compared to the week ending Nov 17. Average price per square foot for Lakewood OH was $71, an increase of 16.4% compared to the same period last year.

 

Average Listing Price in Lakewood

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1 yr 5 yr Max
Lakewood average property price
Lakewood – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$55,028-0.5%$55,298$55,551$55,260
2 bedrooms$106,474-0.2%$106,701$110,156$109,205
3 bedrooms$137,166-0.9%$138,372$139,109$138,176
4 bedrooms$212,070-3.4%$219,589$230,567$226,798
All properties$149,313-2.4%$152,992$158,089$157,327
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Average Price Per Sqft for Homes in Lakewood

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1 yr 5 yr Max
Lakewood average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$64-15.8%$59$76$91
2 bedrooms$104+40.5%$78$74$88
3 bedrooms$76+7.0%$74$71$92
4 bedrooms$57+18.8%$55$48$80
All properties$71+16.4%$67$61$87
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Homes for Sale in Lakewood

2025 Ferndale Avenue, Lakewood OH
2025 Fernd…
$90,000
2 br  1 ba
1240 Jackson Avenue, Lakewood OH
1240 Jacks…
$130,837
4 br  3 ½ ba
2191 Riverside Drive, Lakewood OH
2191 River…
$100,000
2 br  1 ba
2076 Mars Avenue, Lakewood OH
2076 Mars…
$155,000
3 br  1 ½ ba
12900 Lake Avenue #310, Lakewood OH
12900 Lake…
$80,000
2 br  2 ba
1632 Cohassett Avenue, Lakewood OH
1632 Cohas…
$69,900
4 br  2 ba
View all Lakewood Homes for Sale
 
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Lakewood

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Nearby Cities

Cities
Median
sales price
Average
listing price
Brooklyn
$88,500
$111,968
Fairview Park
$109,000
$151,856
Brook Park
$101,349
$118,032
Cleveland
$62,000
$122,270
Bay Village
$155,500
$461,923
Rocky River
$161,505
$244,069
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.