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In December 2017, there were seven homes sold, with a median sale price of $265,000 - a 12.8% increase over the $235,000 median sale price for the same period of the previous year. There were five homes sold in Chagrin Falls in December 2016.
The median sales tax in Chagrin Falls for the most recent year with available data, 2016, was $7,927, approximately 3% of the median home sale price for December 2017.
The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sales prices in December 2017:
City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gates Mills | 1 | 4 | -75% | $575,000 | $347,500 | 65.5% |
Moreland Hills | 2 | 13 | -84.6% | $423,750 | $312,500 | 35.6% |
Mayfield | 1 | 3 | -66.7% | $315,000 | $210,000 | 50% |
Bratenahl | 3 | 3 | 0% | $310,000 | $125,000 | 148% |
Pepper Pike | 6 | 9 | -33.3% | $281,000 | $389,500 | -27.9% |
Chagrin Falls | 7 | 5 | 40% | $265,000 | $235,000 | 12.8% |
Broadview Heights | 18 | 26 | -30.8% | $247,500 | $170,000 | 45.6% |
Bay Village | 31 | 21 | 47.6% | $245,000 | $191,500 | 27.9% |
Walton Hills | 4 | 1 | 300% | $238,500 | $270,000 | -11.7% |
Solon | 26 | 26 | 0% | $235,000 | $225,500 | 4.2% |
Highland Heights | 6 | 11 | -45.5% | $226,500 | $225,000 | 0.7% |