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South Cuyahoga News

Tuesday, November 26, 2024

Chagrin Falls home prices rise in November 2019

Re 12

The median sale price of a home sold in November 2019 in Chagrin Falls rose by $258,000 while total sales increased by 75%, according to BlockShopper.com.

In November 2019, there were seven homes sold, with a median sale price of $485,000 - a 113.7% increase over the $227,000 median sale price for the same period of the previous year. There were four homes sold in Chagrin Falls in November 2018.

The median sales tax in Chagrin Falls for the most recent year with available data, 2016, was $7,927, approximately 1.6% of the median home sale price for November 2019.

The following table compares Chagrin Falls 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)
Chagrin Falls7475%$485,000$227,000113.7%
Orange46-33.3%$471,250$375,97525.3%
Pepper Pike714-50%$399,000$380,0005%
Beachwood49-55.6%$385,000$259,00048.6%
Moreland Hills18-87.5%$373,309$459,250-18.7%
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%

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