Westlake Real Estate Market Summary

Information provided by Northern Ohio Regional Multiple Listing Service

Overall, the Westlake housing market continued it’s upward trend from last year.  97 homes sold in the first quarter of 2018.  The average sale price of $302,989,  increased about $20,000 from 2017.  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 97% of their list price, with about 30%  selling over asking price.