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Saturday, November 23, 2024

Parma Heights home prices fall in November 2018

Realestate077

The median sale price of a home sold in November 2018 in Parma Heights fell by $8,750 while total sales decreased by 43.3%, according to BlockShopper.com.

In November 2018, there were 17 homes sold, with a median sale price of $107,000 - a 7.6% decrease over the $115,750 median sale price for the same period of the previous year. There were 30 homes sold in Parma Heights in November 2017.

The median sales tax in Parma Heights for the most recent year with available data, 2016, was $3,063, approximately 2.9% of the median home sale price for November 2018.

The following table compares Parma Heights to other Cuyahoga County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Parma1291216.6%$122,500$100,00022.5%
Olmsted Falls915-40%$120,000$129,000-7%
Cleveland Heights7581-7.4%$108,000$85,00027.1%
Oakwood31200%$107,900$152,500-29.2%
Brooklyn819-57.9%$107,750$88,00022.4%
Parma Heights1730-43.3%$107,000$115,750-7.6%
Bedford Heights711-36.4%$106,400$105,0001.3%
Brooklyn Heights41300%$103,075$140,000-26.4%
South Euclid543268.8%$90,250$89,4500.9%
Newburgh Heights23-33.3%$67,300$62,0008.5%
Bedford1824-25%$67,013.50$55,75020.2%

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