From January through June of 2018, there were seven homes sold, with a median sale price of $118,000 - a 54.6% decrease over the $259,900 median sale price for the same period of the previous year. There were five homes sold in Valley View in the first half of 2017.
The median sales tax in Valley View for the most recent year with available data, 2016, was $4,604, approximately 3.9% of the median home sale price for the first half of 2018.
The following table compares Valley View to other Cuyahoga County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
University Heights | 171 | 128 | 33.6% | $135,000 | $147,000 | -8.2% |
Mayfield Heights | 175 | 97 | 80.4% | $131,500 | $124,000 | 6% |
Lyndhurst | 224 | 125 | 79.2% | $131,500 | $130,000 | 1.2% |
Richmond Heights | 79 | 52 | 51.9% | $128,000 | $121,675 | 5.2% |
Berea | 153 | 120 | 27.5% | $119,000 | $112,750 | 5.5% |
Valley View | 7 | 5 | 40% | $118,000 | $259,900 | -54.6% |
Brook Park | 150 | 118 | 27.1% | $118,000 | $95,000 | 24.2% |
Parma Heights | 164 | 113 | 45.1% | $117,000 | $108,400 | 7.9% |
Cuyahoga Heights | 11 | 5 | 120% | $115,000 | $107,000 | 7.5% |
Parma | 741 | 559 | 32.6% | $110,000 | $98,000 | 12.2% |
Bedford Heights | 69 | 40 | 72.5% | $96,500 | $63,375 | 52.3% |