The median sale price of a home sold in July 2018 in Solon fell by $71,050 while total sales decreased by 10.9%, according to BlockShopper.com.
In July 2018, there were 41 homes sold, with a median sale price of $287,000 – a 19.8% decrease over the $358,050 median sale price for the same period of the previous year. There were 46 homes sold in Solon in July 2017.
The median sales tax in Solon for the most recent year with available data, 2016, was $6,431, approximately 2.2% of the median home sale price for July 2018.
The following table compares Solon to other Cuyahoga County cities with similar median sales prices in July 2018:
| City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hunting Valley | 2 | 0 | – | $1,360,000 | $0 | – |
| Pepper Pike | 10 | 13 | -23.1% | $498,000 | $529,000 | -5.9% |
| Moreland Hills | 11 | 10 | 10% | $385,000 | $547,500 | -29.7% |
| Gates Mills | 3 | 3 | 0% | $382,500 | $754,000 | -49.3% |
| Beachwood | 18 | 19 | -5.3% | $288,500 | $210,000 | 37.4% |
| Solon | 41 | 46 | -10.9% | $287,000 | $358,050 | -19.8% |
| Glenwillow | 2 | 1 | 100% | $282,500 | $136,000 | 107.7% |
| Broadview Heights | 33 | 32 | 3.1% | $280,000 | $213,500 | 31.1% |
| Bay Village | 34 | 29 | 17.2% | $277,500 | $219,000 | 26.7% |
| Westlake | 45 | 57 | -21.1% | $265,550 | $187,000 | 42% |
| Mayfield | 5 | 10 | -50% | $262,000 | $213,000 | 23% |
