From January through March of 2021, there were 26 homes sold, with a median sale price of $395,300 - a 28.1% increase over the $308,500 median sale price for the same period of the previous year. There were 10 homes sold in Chagrin Falls in the first quarter of 2020.
The median sales tax in Chagrin Falls for the most recent year with available data, 2019, was $8,851, approximately 2.2% of the median home sale price for the first quarter of 2021.
The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sale prices in the first quarter of 2021:
| City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hunting Valley | 2 | 1 | 100% | $1,196,000 | $2,600,000 | -54% |
| Bentleyville | 4 | 2 | 100% | $624,500 | $745,000 | -16.2% |
| Pepper Pike | 18 | 9 | 100% | $477,500 | $414,000 | 15.3% |
| Gates Mills | 17 | 6 | 183.3% | $410,000 | $374,999.50 | 9.3% |
| Moreland Hills | 19 | 8 | 137.5% | $405,500 | $400,000 | 1.4% |
| Chagrin Falls | 26 | 10 | 160% | $395,300 | $308,500 | 28.1% |
| Orange | 14 | 9 | 55.6% | $386,250 | $295,000 | 30.9% |
| Solon | 67 | 48 | 39.6% | $335,000 | $280,000 | 19.6% |
| Valley View | 1 | 3 | -66.7% | $300,750 | $350,000 | -14.1% |
| Beachwood | 30 | 28 | 7.1% | $285,000 | $330,306.50 | -13.7% |
| Woodmere | 1 | 1 | 0% | $280,400 | $50,000 | 460.8% |
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