Is Shaker View, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Shaker View has remained a Seller's Market.
Key Takeaway
Shaker View is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shaker View, OH
How much do homes in Shaker View, OH cost?
Median Sold Price
$81,000
$67/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Shaker View have sold for 14.7% less than they did a month ago.
Summary: The median home sold price in Shaker View was $81,000 in March 2024, down 14.7% from last month, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $70K | N/A |
| 3 Bedrooms | $35K | $103.5K | +195.7% |
| 4 Bedrooms | $160K | $14K | -91.3% |
| 5+ Bedrooms | $95K | - | N/A |
Summary: Shaker View housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 195.7%, 4 bedroom homes decreased by 91.3%, and 5+ bedroom homes did not change.
Housing Supply in Shaker View, OH
How many homes are available in Shaker View, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The Shaker View real estate market had 12 homes for sale in March 2024, a 20.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Shaker View housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shaker View, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Shaker View in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Shaker View, OH
How long does it take to sell a home in Shaker View, OH?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 39 Days | -0.8% |
Summary: Homes in Shaker View had an average of 39 days on market in Mar 2024, down by 0.8% compared to last month.
Breakdown of Home Sale Times
3 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 Shaker View are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Shaker View; 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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