Friday, October 31, 2014

Cleveland's top 10 communities are ranked as follows!

Cleveland's top 10 communities are ranked as follows!
10.) South Euclid
9.) Middleburgh Heights
8.) Avon
7.) Independence
6.) Berea
5.) Kirtland
4.) Fairview
3.) Concord
2.) Ohio City & Tremont
1.) Detroit Shoreway
The conversation over the Top Cleveland Communities has long raged on with the east side vs west side debate. Over the long Labor Day weekend, while many were enjoying cookouts, the Cleveland Air Show, or simply spending time with their families, the real estate professionals at Keller Williams were busy looking back at the past year, analyzing trends, and determining, by the numbers, which communities have fared the best from Summer 2013 to Summer 2014.
The result is our inaugural Top 10 Cleveland Communities countdown… Here we go!
10. South Euclid
Nestled in between the Heights and Lyndhurst, this east-side suburb takes the number 10 spot on our list. Since 2010, Mayor Georgine Welo has been seeking to transform the city into a ‘College Town for All Ages,’ a nod to South Euclid’s claim to fame, Notre Dame College. Amongst steady year-over-year increases in enrollment, there has also been an influx of professionals and families choosing to call South Euclid home. The housing market has taken notice and over the last 12 months the average price of homes sold has increased to $71,000, up nearly 6% from a year ago, while selling nearly 20% faster.
9. Middleburg Heights
Our #9 suburb sits just south of the Cleveland Hopkins Airport and the IX Center. There’s been some buzz around Middleburg Heights since the announcement that Southwest General hospital signed an agreement to join the Northern Ohio Trauma System, joining the ranks of MetroHealth and the Cleveland Clinic in being designated a trauma center and primary stroke center. Over the last year, the average price of homes sold increased a modest 3%, but houses are selling nearly 30% faster.
8. Avon
Just across the border of Lorain County lies our #8 suburb, Avon. Over the last year, the average price of homes sold is up 20% – and for good reason! There’s a lot to love about Avon for families looking on the west side; Avon schools have been rated Excellent by the State of Ohio, the city offers outstanding public services at low tax rates, ease of access to downtown Cleveland, Lake Erie beaches, and Cleveland Hopkins Airport, and the housing stock offers newer and larger homes with modern floor plans than other comparable west side communities.
7. Independence
Can’t decide between east and west side? Go central with this #7 suburb! Independence has long been a family favorite, offering its ‘halfway from anywhere’ convenience – not to mention its terrific schools and some of the lowest taxes in Cuyahoga county. Over the last year, the average selling price for homes has increased a titch over 10% while selling over 25% faster.
6. Berea
Berea takes the #6 spot on our list. Baldwin Wallace University is Berea’s claim to fame, and amid its Top 20 rank in the US News & World Report College Rankings for Regional Midwest Universities and its consistent enrollment of just over 4,000, Berea embraces its reputation as a suburban college town. Over the last year, housing inventory has sold nearly 55% faster.
5. Kirtland
Take a step back from the hustle and bustle of city living in our #5 suburb. Nestled in tranquil Lake County, Kirtland has all the necessities for family living – strong schools, large homes, and some of the lowest taxes in the area. Home prices have been on the rise and are up nearly 45% from a year ago.
4. Fairview
There’s something for everyone to love in our #4 location – Fairview Park. This west-side suburb offers easy access to the tranquility of the Rocky River Reservation as well as many golf courses for the afficionado or weekend warrior alike. Alternatively you can visit the Westgate Mall for great shopping, or take a trip downtown – only 20 minutes away! Throw in good schools and affordable homes that show pride of ownership and you’ve got yourself a winner!
3. Concord
Take a step back and enjoy all that our #3 suburb has to offer in Lake County. Just west of Mentor and Painesville, Concord offers much for the nature-lover in you, with several Lake Metroparks reservations scattered about. Couple this with several fun golf courses and low taxes and it would make sense that this is a place you’d love to be. Over the last year, average home prices have increased over 25% and have sold over 40% faster.
2. Ohio City & Tremont
Part of the quintessential Cleveland experience includes spending time in our #2 communities – Ohio City and Tremont. The area has experienced an extreme surge in a mixed-use lifestyle, with boutiques and breweries sharing space with bistros and barbershops, all within a stone’s throw from Cleveland’s historic West Side Market. Ohio City has become a predominant location for work and play and the housing market has taken notice – on average homes have gone for nearly 55% a more than a year ago.
1. Detroit Shoreway
Drumroll please! Our #1 Hottest Cleveland Community award for 2014 goes to the Detroit Shoreway. This west side neighborhood has experienced a huge influx of development in recent years with the addition of $10 million of new homes and rental properties, which are going fast! The price of the average home sold has jumped over 80% in the past year and is selling more than 10% faster. Additionally, with the revival of Edgewater Park since coming under the management of the Cleveland Metroparks last year, as well as the addition of two tunnel access points connecting the Detroit Shoreway and Edgewater, the suburb has become the first-choice lakefront community in Cleveland.
Cleveland's Top 10 Communities in 2014. (n.d.). Retrieved September 7, 2014.

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34645 Willow Creek Pl, Willoughby  - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...