Is Bratenahl, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$350,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bratenahl was $350,000 in May 2024, up 2.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | - | N/A |
2 Bedrooms | $280K | $275K | -1.8% |
3 Bedrooms | $399.9K | $383K | -4.2% |
4 Bedrooms | $392K | $290K | -26.0% |
5+ Bedrooms | $1.9M | $975K | -50.0% |
Summary: Bratenahl housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes decreased by 50%.
Median Sold Price Compared To Nearby Cities
Cleveland | $155K | $159.8K | +3.1% |
Bratenahl | $342.5K | $350K | +2.2% |
Housing Supply in Bratenahl, OH
How many homes are available in Bratenahl, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Bratenahl real estate market had 19 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bratenahl housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bratenahl in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
126 Days | 37 Days | -70.5% |
Summary: Homes in Bratenahl had an average of 37 days on market in May 2024, down by 70.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Bratenahl; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.