According to the Wall Street Journal, home prices edged up in April 2011. The Federal Housing Finance Agency's House Price Index – a measure of home prices based on mortgages owned or guaranteed by Freddie Mac or Fannie Mae – rose 0.8 percent in April from March. It was the first increase in almost a year, but the sector remains weak: Home prices are down 5.7 percent from a year ago and remain at 2004 levels.
Listed below is a breakdown of the current 207 active listings for Mayfield, Mayfield Village and Mayfield Heights areas. Prices range from $34,000 to $499,900.
Active: 207 Pending: 0 Sold: 0 Other: 0 Total: 207 Bedrooms Bathrooms Square Feet List Price Selling Price DOM/CDOM Minimum 1 1.00 494 $34,000 1/1 Average 3 2.18 1,681 $174,640 $0 125/182 Median 3 2.00 1,476 $159,900 $0 97/110 Maximum 6 5.00 4,076 $499,900 $0 593/1057 Total Dollar Value