L
orain's real estate market has been quite active in the past week, with seven residential sales recorded in total, averaging at a price of $176,486 or $126 per square foot. The most expensive sale was a single-family home at 3137 W. Erie Ave., which went for a whopping $207,000. This impressive property was built in 1950 and boasts a living area of 1,626 square feet, resulting in a price per square foot of $127. The sale was finalized on August 23rd.
Other notable sales in Lorain include:
1. 1349 Meister Road - A single-family house was sold at this address for $200,000 in August. The property was built in 1951 and has a living area of 1,173 square feet, resulting in a price per square foot of $171.
2. 2705 West Skyline Drive - This detached house was sold in August for a total of $200,000 or $133 per square foot. The property was built in 1954 and has a living area of 1,500 square feet.
3. 1012 W. 38th Street - The single-family residence at this address was sold in August for a total of $180,000 or $150 per square foot. The property was built in 1959 and has a living area of 1,285 square feet.
4. 527 West 30th Street - The single-family home at this address was sold in August for a total of $164,000 or $128 per square foot. The property was built in 1940 and has a living area of 1,285 square feet.
5. 224 Maine Avenue - The single-family residence at this address was sold in August for a total of $155,000 or $84 per square foot. The property was built in 1940 and has a living area of 1,846 square feet.
6. 417 Nebraska Avenue - The single-family house at this address was sold in August for a total of $129,400 or $117 per square foot. The property was built in 1949 and has a living area of 1,104 square feet.
These sales represent a significant portion of the real estate activity in Lorain over the past week. It's important to note that these prices are based on data recorded during the week of September 2nd, even if the properties may have been sold earlier.
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