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South Cuyahoga News

Monday, November 25, 2024

How did home prices perform in Broadview Heights during the second quarter of 2021?

Re 9

The median sale price of a home sold in the second quarter of 2021 in Broadview Heights rose by $6,000 while total sales decreased by 14.6%, according to BlockShopper.com.

From April through June of 2021, there were 70 homes sold, with a median sale price of $246,000 - a 2.5% increase over the $240,000 median sale price for the same period of the previous year. There were 82 homes sold in Broadview Heights in the second quarter of 2020.

The median sales tax in Broadview Heights for the most recent year with available data, 2019, was $5,453, approximately 2.2% of the median home sale price for the second quarter of 2021.

The following table compares Broadview Heights to other Cuyahoga County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Brooklyn Heights18-87.5%$286,000$201,50041.9%
Bay Village7071-1.4%$282,500$239,90017.8%
Brecksville533935.9%$280,000$258,5008.3%
Mayfield13128.3%$270,000$209,45028.9%
Independence1520-25%$250,000$183,00036.6%
Broadview Heights7082-14.6%$246,000$240,0002.5%
Shaker Heights165167-1.2%$245,000$220,00011.4%
Olmsted Township2832-12.5%$240,000$208,945.5014.9%
Lakewood2192190%$240,000$197,50021.5%
Fairview Park6674-10.8%$229,500$182,45025.8%
Walton Hills770%$225,000$224,9000%

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