The median sale price of a home sold in the second quarter of 2018 in Seven Hills rose by $18,300 while total sales increased by 77.1%, according to BlockShopper.com.
From April through June of 2018, there were 62 homes sold, with a median sale price of $183,300 – a 11.1% increase over the $165,000 median sale price for the same period of the previous year. There were 35 homes sold in Seven Hills in the second quarter of 2017.
The median sales tax in Seven Hills for the most recent year with available data, 2016, was $5,039, approximately 2.7% of the median home sale price for the second quarter of 2018.
The following table compares Seven Hills 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) |
|---|---|---|---|---|---|---|
| Strongsville | 213 | 163 | 30.7% | $202,500 | $199,000 | 1.8% |
| Walton Hills | 11 | 6 | 83.3% | $202,000 | $168,487.50 | 19.9% |
| Olmsted Township | 42 | 34 | 23.5% | $199,950 | $199,250 | 0.4% |
| North Royalton | 129 | 94 | 37.2% | $190,000 | $142,000 | 33.8% |
| Mayfield | 11 | 8 | 37.5% | $185,000 | $180,000 | 2.8% |
| Seven Hills | 62 | 35 | 77.1% | $183,300 | $165,000 | 11.1% |
| Shaker Heights | 220 | 146 | 50.7% | $181,625 | $182,500 | -0.5% |
| Fairview Park | 99 | 72 | 37.5% | $180,000 | $164,700 | 9.3% |
| Brooklyn Heights | 4 | 4 | 0% | $178,500 | $136,000 | 31.3% |
| Lakewood | 299 | 216 | 38.4% | $168,000 | $148,000 | 13.5% |
| North Olmsted | 168 | 135 | 24.4% | $151,000 | $139,900 | 7.9% |
