For the month of September, Cleveland Park, Highland Heights and McFerrin Park saw a total number of 18 homes closed. This was down 10 from the previous month (August), but the median list price per square foot and median sales price per square foot both increased! So if you’re looking to purchase a home in the neighborhood, you have a list choices comparatively to previous months.
Median price per square foot was $239, and median sales price per foot was $244 per foot. This indicates that some homes are selling above the asking price. That is also evidenced by our average list price to sales price ratio at 100% (it has been hovering just below 100% for the last several months). Currently there are 40 active homes in the neighborhood listed for sale and there are 27 pending homes.
The average sales price in the neighborhood for the month of September was $333,000! If you have friends or family looking to move into the neighborhood, please reach out to me (Nick Irwin with Village Real Estate)!