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South Cuyahoga News

Tuesday, November 26, 2024

Solon home prices fall in November 2019

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The median sale price of a home sold in November 2019 in Solon fell by $45,500 while total sales decreased by 63.6%, according to BlockShopper.com.

In November 2019, there were 12 homes sold, with a median sale price of $235,500 - a 16.2% decrease over the $281,000 median sale price for the same period of the previous year. There were 33 homes sold in Solon in November 2018.

The median sales tax in Solon for the most recent year with available data, 2016, was $6,431, approximately 2.7% of the median home sale price for November 2019.

The following table compares Solon 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)
Bratenahl12-50%$350,000$330,1006%
Gates Mills24-50%$345,000$328,583.505%
Highland Heights62200%$321,250$217,75047.5%
Oakwood4333.3%$256,000$107,900137.3%
Mayfield34-25%$242,500$216,25012.1%
Solon1233-63.6%$235,500$281,000-16.2%
Bay Village1523-34.8%$225,000$280,000-19.6%
Valley View12-50%$225,000$193,50016.3%
Brecksville1218-33.3%$215,000$200,0007.5%
Independence112450%$214,000$146,50046.1%
Westlake2549-49%$210,000$204,0002.9%

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