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South Cuyahoga News

Tuesday, November 26, 2024

Shaker Heights home prices fall in November 2019

Realestate4

The median sale price of a home sold in November 2019 in Shaker Heights fell by $14,500 while total sales decreased by 27.3%, according to BlockShopper.com.

In November 2019, there were 32 homes sold, with a median sale price of $128,000 - a 10.2% decrease over the $142,500 median sale price for the same period of the previous year. There were 44 homes sold in Shaker Heights in November 2018.

The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,232, approximately 6.4% of the median home sale price for November 2019.

The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Walton Hills35-40%$145,000$250,000-42%
Berea1126-57.7%$140,100$141,700-1.1%
Lyndhurst2126-19.2%$139,900$139,2000.5%
University Heights1115-26.7%$139,000$160,000-13.1%
Richmond Heights1018-44.4%$137,000$132,0003.8%
Shaker Heights3244-27.3%$128,000$142,500-10.2%
Cleveland Heights4375-42.7%$124,900$108,00015.6%
Parma64129-50.4%$120,000$122,500-2%
Parma Heights617-64.7%$119,650$107,00011.8%
Brooklyn10825%$108,000$107,7500.2%
Brook Park1330-56.7%$99,900$135,950-26.5%

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