The median sale price of a home sold in the second quarter of 2018 in Beachwood fell by $27,025 while total sales increased by 78.1%, according to BlockShopper.com.
From April through June of 2018, there were 57 homes sold, with a median sale price of $265,000 – a 9.3% decrease over the $292,025 median sale price for the same period of the previous year. There were 32 homes sold in Beachwood in the second quarter of 2017.
The median sales tax in Beachwood for the most recent year with available data, 2016, was $6,158, approximately 2.3% of the median home sale price for the second quarter of 2018.
The following table compares Beachwood to other Cuyahoga County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. – June 2018 Home Sales | Apr. – June 2017 Home Sales | % change (Total Home Sales) | Apr. – June 2018 Median Sales Price | Apr. – June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chagrin Falls | 36 | 32 | 12.5% | $326,500 | $333,750 | -2.2% |
| Solon | 102 | 106 | -3.8% | $315,000 | $267,000 | 18% |
| Glenwillow | 3 | 0 | – | $313,000 | $0 | – |
| Bratenahl | 15 | 7 | 114.3% | $300,000 | $130,000 | 130.8% |
| Bentleyville | 3 | 6 | -50% | $270,000 | $508,500 | -46.9% |
| Beachwood | 57 | 32 | 78.1% | $265,000 | $292,025 | -9.3% |
| Highland Heights | 36 | 34 | 5.9% | $260,250 | $251,600 | 3.4% |
| Rocky River | 88 | 86 | 2.3% | $244,250 | $229,000 | 6.7% |
| Westlake | 160 | 117 | 36.8% | $236,800 | $216,000 | 9.6% |
| Bay Village | 94 | 75 | 25.3% | $235,500 | $212,000 | 11.1% |
| Broadview Heights | 84 | 57 | 47.4% | $227,500 | $219,000 | 3.9% |
