Shaker Heights Real Estate Sees Activity in Mid-November Transactions
November 27, 2023 – Shaker Heights experienced a notable week in real estate transactions, with eight home transfers reported from November 18 to November 24. The standout sale was a 2,611-square-foot property on Falmouth Road, which fetched a price of $505,000, reflecting the area’s robust market.
Additional noteworthy transactions included 3657 Pennington Road, a four-bedroom home sold for $145,000, averaging $127 per square foot. Meanwhile, the 3626 Lynnfield Road property, featuring four bedrooms and three bathrooms, was sold for $243,000, equating to $140 per square foot. Shaker Glen Lane also showcased an attractive three-bedroom home that changed hands for $380,000 at $150 per square foot.
The luxury segment of the market saw significant activity as well, with 23800 Shaker Boulevard selling for $450,000, offering four bedrooms and four baths. A larger residence at 2765 Claythorne Road successfully sold for $665,000, comprising 5,577 square feet of space. High-value transactions were led by 19110 Shelburne Road, which sold for $1,230,000 and included seven bedrooms and five bathrooms, translating to $252 per square foot. Another premium listing, 23825 Stanford Road, reached a sale price of $1,300,000, with six bedrooms and seven bathrooms, marking a price per square foot of $275.
Overall, this series of transactions highlights a robust and diverse real estate market in Shaker Heights, catering to a wide range of homebuyers. For ongoing insights and analysis of such market activities, Real Estate Newswire, a United Robots service, continues to deliver valuable data-driven reporting.
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