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Saturday, November 23, 2024

Bedford home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Bedford fell by $10,000 while total sales increased by 23.5%, according to BlockShopper.com.

In August 2019, there were 21 homes sold, with a median sale price of $77,000 - a 11.5% decrease over the $87,000 median sale price for the same period of the previous year. There were 17 homes sold in Bedford in August 2018.

The median sales tax in Bedford for the most recent year with available data, 2016, was $2,417, approximately 3.1% of the median home sale price for August 2019.

The following table compares Bedford to other Cuyahoga County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Mayfield Heights3041-26.8%$122,500$152,000-19.4%
Brooklyn19190%$116,500$106,0009.9%
Oakwood56-16.7%$107,000$137,500-22.2%
Cleveland Heights76105-27.6%$100,500$109,000-7.8%
South Euclid5051-2%$80,000$96,500-17.1%
Bedford211723.5%$77,000$87,000-11.5%
Warrensville Heights913-30.8%$76,900$50,00053.8%
Bedford Heights12933.3%$74,500$107,500-30.7%
Valley View10-$65,000$0-
Euclid1091053.8%$62,000$65,000-4.6%
Garfield Heights756515.4%$60,000$60,500-0.8%

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