Avon Lake Real Estate Market Summary

Information provided by Northern Ohio Regional Multiple Listing Service

Overall, the Avon Lake housing market continued it’s upward trend from last year.  457 homes sold in 2017, which is up from 442 sold in 2016.  The average sale price of $286,066,  increased about $23,000 from 2016.  Homes spent on average 94 days on the market before they sold, but 13% 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 98% of their list price, with about 16% selling over asking price.