The residential real estate market in Lorain saw a mix of sales in the past week, with a house selling for a whopping $394,900 taking the top spot in terms of price. In total, there were 17 residential real estate sales recorded in the area, with an average price of $177,865. This translates to an average price per square foot of $124.
The list of top sales included properties where the title was recorded during the week of July 22, although some of the properties may have been sold earlier. The diversity in pricing suggests a range of options available for buyers in the Lorain area, catering to different budgets and preferences.
While the $394,900 sale may have grabbed headlines, the average price point of $177,865 indicates a healthy and active real estate market in Lorain. With a mix of properties changing hands, from lower-priced homes to more luxurious options, there is something for everyone in the market.
Buyers and sellers alike can take advantage of the varied offerings in Lorain, whether looking for a modest starter home or a high-end luxury property. The real estate market in the area appears to be thriving, with sales taking place at a steady pace.
Overall, the recent real estate sales in Lorain showcase a vibrant market with options for buyers at different price points. As the market continues to evolve, it will be interesting to see how prices and sales activity develop in the coming weeks and months.
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