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South Cuyahoga News

Saturday, November 23, 2024

Beachwood home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Beachwood fell by $13,500 while total sales increased by 21.7%, according to BlockShopper.com.

In August 2019, there were 28 homes sold, with a median sale price of $299,000 - a 4.3% decrease over the $312,500 median sale price for the same period of the previous year. There were 23 homes sold in Beachwood in August 2018.

The median sales tax in Beachwood for the most recent year with available data, 2016, was $6,158, approximately 2.1% of the median home sale price for August 2019.

The following table compares Beachwood 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)
Moreland Hills7616.7%$401,187$438,000-8.4%
Bratenahl9650%$390,000$285,45036.6%
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%

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