Mentor, Ohio – A recent report on residential real estate sales in Mentor reveals that a house has sold for a staggering $565,000, making it the most expensive property sold in the area over the past week. In total, 28 residential real estate sales were recorded, with an average price of $315,425 and an average price per square foot of $194.
The list of sales includes properties where the title was recorded during the week of Sep. 16, even if the sale had occurred earlier. The diverse range of properties sold highlights the variety of housing options available in Mentor, from starter homes to luxury estates.
The strong real estate market in Mentor reflects the continuing demand for housing in the area, driven by factors such as a strong local economy, good schools, and a range of community amenities. With interest rates remaining low, buyers are eager to take advantage of the opportunity to invest in their dream home.
This latest report serves as a testament to the resilience and vitality of the real estate market in Mentor, as buyers and sellers continue to engage in transactions that meet their needs and preferences. As we head into the fall season, it will be interesting to see how the market evolves and what new opportunities will arise for those looking to buy or sell in the area.
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Photo credit www.cleveland.com
