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Saturday, November 23, 2024

Broadview Heights home prices rise in August 2019

Realestate4

The median sale price of a home sold in August 2019 in Broadview Heights rose by $65,000 while total sales increased by 5.1%, according to BlockShopper.com.

In August 2019, there were 41 homes sold, with a median sale price of $260,000 - a 33.3% increase over the $195,000 median sale price for the same period of the previous year. There were 39 homes sold in Broadview Heights in August 2018.

The median sales tax in Broadview Heights for the most recent year with available data, 2016, was $5,060, approximately 1.9% of the median home sale price for August 2019.

The following table compares Broadview Heights 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)
Solon3335-5.7%$370,000$290,00027.6%
Glenwillow10-$345,000$0-
Orange8633.3%$317,500$406,250-21.8%
Beachwood282321.7%$299,000$312,500-4.3%
Highland Heights1213-7.7%$260,500$320,000-18.6%
Broadview Heights41395.1%$260,000$195,00033.3%
Bay Village36345.9%$257,450$227,50013.2%
Independence413-69.2%$256,950$269,000-4.5%
Brecksville1424-41.7%$233,750$247,500-5.6%
Strongsville85797.6%$224,300$200,00012.2%
Rocky River5058-13.8%$223,950$238,000-5.9%

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