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Issue Date: August 2010 Issue


Sail Price

Have changing economic winds
made it possible to buy on the lake?
Check out what sold in 2009.

 
Bay Village: 7 sales,
median sale price (msp): $595,000,
avg. price/sq. ft.: $245

Sheffield Lake: 7 sales,
median sale price (msp): $425,000,
avg. price/sq. ft.: $145

Avon Lake: 5 sales,
msp: $671,000,
avg. price/sq. ft.: $220

Madison Township: 4 sales,
msp: $242,750,
avg. price/sq. ft.: $106

Mentor: 4 sales,
msp: $303,000,
avg. price/sq. ft.: $90

Willowick: 4 sales,
msp: $184,000,
avg. price/sq. ft.: $162

Euclid: 3 sales,
msp: $262,000,
avg. price/sq. ft.: $100

Lakewood: 3 sales,
msp: $600,000,
avg. price/sq. ft.: $184

Willoughby: 3 sales,
msp: $116,000,
avg. price/sq. ft.: $127

Bratenahl: 2 sales,
$1.68 million & $2.15 million,
avg. price/sq. ft.: $269

Eastlake: 2 sales,
$221,000 & $285,000,
avg. price/sq. ft.: $89

Vermilion: 2 sales,
$165,000 & $265,000,
avg. price/sq. ft.: $251

Lorain: 1 sale,
$202,000,
price/sq. ft.: $92

Rocky River: 1 sale,
$750,000,
price/sq. ft.: $245

Cleveland: 0 sales
Comments:
Tuesday, August 24, 2010 1:46:31 PM by Anonymous
Your source of information is incomplete. There was at least one sale of lakefront property in the City of Cleveland proper in 2009 one was the purchase of the St. Joseph's Retreat Center by the Hospice of the Western Reserve. Indeed, there are a handful of hidden gems still for sale on the water in Cleveland-mainly in the North Collinwood area. Please do not neglect this neighborhood, CLEVELAND Magazine.

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