Avon Lake Real Estate Market Summary

Information provided by Northern Ohio Regional Multiple Listing Service

Overall, the Avon Lake housing market so far has had a bit of a dip from last year.  85 homes sold in the first quarter of 2018.  The average sale price of $239,331, decreased about $40,000 from 2017, mostly due to the highest sale price in 2017 being $3.6 million.  Homes spent on average 105 days on the market before they sold, but 6% were under contract in less than 2 weeks. At the peak of last years market, many homes were selling within the first week.  Overall, homes sold at 97% of their list price, with about 25%  selling at or over asking price.