Is Bratenahl, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bratenahl was a Seller's Market.
Housing Prices in Bratenahl, OH
How much do homes in Bratenahl, OH cost?
Median Sold Price
$345,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bratenahl was $345,000 in March 2024, down 8% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $110K | N/A |
2 Bedrooms | $255K | $269.7K | +5.8% |
3 Bedrooms | $400K | $392K | -2.0% |
4 Bedrooms | $392K | $290K | -26.0% |
5+ Bedrooms | $1.4M | $820K | -42.7% |
Summary: Bratenahl housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes decreased by 42.7%.
Median Sold Price Compared To Nearby Cities
Cleveland | $154.9K | $157.2K | +1.5% |
Bratenahl | $375K | $345K | -8.0% |
Housing Supply in Bratenahl, OH
How many homes are available in Bratenahl, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Summary: The Bratenahl real estate market had 17 homes for sale in March 2024, a 41.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Bratenahl housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bratenahl in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bratenahl, OH
How long does it take to sell a home in Bratenahl, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
113 Days | 74 Days | -35.0% |
Summary: Homes in Bratenahl had an average of 74 days on market in Mar 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Bratenahl; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.