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South Cuyahoga News

Saturday, November 23, 2024

Beachwood home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Beachwood fell by $28,000 while total sales decreased by 35.7%, according to BlockShopper.com.

In November 2018, there were nine homes sold, with a median sale price of $259,000 - a 9.8% decrease over the $287,000 median sale price for the same period of the previous year. There were 14 homes sold in Beachwood in November 2017.

The median sales tax in Beachwood for the most recent year with available data, 2016, was $6,158, approximately 2.4% of the median home sale price for November 2018.

The following table compares Beachwood 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)
Orange6520%$375,975$320,00017.5%
Bratenahl212-83.3%$330,100$247,50033.4%
Gates Mills46-33.3%$328,583.50$482,500-31.9%
Solon332532%$281,000$264,0006.4%
Bay Village231921.1%$280,000$212,50031.8%
Beachwood914-35.7%$259,000$287,000-9.8%
Walton Hills51400%$250,000$154,00062.3%
Rocky River352729.6%$229,000$180,00027.2%
Chagrin Falls412-66.7%$227,000$287,500-21%
Broadview Heights2328-17.9%$221,500$217,9711.6%
Highland Heights213-84.6%$217,750$275,000-20.8%

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