Happy Memorial Day

Dated: 05/29/2017

Views: 35

I usually pull these numbers on Sunday.......however this Monday is this week's Sunday. Happy Memorial Day!


I find it interesting to watch the absorption rate for the four price quartiles for the city of Medina.   Below is a breakdown of the single family homes on the market in Medina. If you look at the lower third and fourth quartile, more homes are absorbed/sold faster than they are coming on the market, For instance, in the lower third we had five new homes come on the market and nine were sold. Look at how fast they are absorbed compared to the upper two quartiles. 


The bottom line is this is a great time for move-up buyers. First-time buyer homes are moving faster than they hit the market. Upper priced homes are becoming a good deal. 


Have a great holiday

Image title


Latest Blog Posts

Rent Or Own

Rent or OwnMillennials are leading the way to single-family rentals, and myriad factors contribute to this trend. Many young adults aren’t in a hurry to lay down roots, whether they’re prone to

Read More

Are You A Veteran

I interviewed Tony Carrossellia about VA loans. Tony is a loan officer with CHM Lending. Feeling free to contact Tony at 440-667-9486. He is an amazing guy and great loan.

Read More

Local Numbers Medina County

Local Numbers Medina CountyThis week was our lowest number of new listings added to the market in 32 weeks. With a total of 48 new properties added. This was also our biggest absorption week in the

Read More