October 22, 2008

Multi-Family Homes For Sale in Cuyahoga County
Today we're looking at multi-family properties in Cuyahoga County. The sold numbers are alarming and naturally most of them are bank owned/HUD homes. The multi-family information for Cuyahoga County was gathered from the Ohio MLS. These are the multiple resident properties including two family, three family and four family only. (To find other cities, use the search box on the top right of the page.) We will evaluate the active and sold properties for June, July, August, September and October, 2008 only. The statistics are all averages and the lowest and highest priced homes, including HUD homes in Cuyahoga County are all included.

Multi Family Homes For Sale In Cuyahoga County Ohio
Active Properties: 1289
Average List Price: $78,642

Average Home Size: 2,419 SqFt.

Days On The Market: 114


Multi-Family Homes That Have Sold In Cuyahoga County Ohio
Sold Properties: 381
Average List Price: $33,835

Average Sold Price: $29,369
<--- Wow.
Average Home Size: 2,328 SqFt.

Days On The Market: 83

The average multi-family home in Cuyahoga County is selling for 82 percent of the asking price and being sold for $13 a square foot. (That was not a typo) Naturally each city within Cuyahoga County is unique and so are the multi-family homes and streets. Feel free to contact us if you're going to be buying a home, or would like to request your area home values. You can also search multi-family homes using the Ohio MLS.

Property and market statistics brought to you by Howard Hanna Smythe Cramer

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