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South Cuyahoga News

Monday, November 25, 2024

The second quarter of 2021: Home prices in Hunting Valley fell

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The median sale price of a home sold in the second quarter of 2021 in Hunting Valley fell by $219,200 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From April through June of 2021, there were two homes sold, with a median sale price of $1,518,300 - a 12.6% decrease over the $1,737,500 median sale price for the same period of the previous year. There were two homes sold in Hunting Valley in the second quarter of 2020, as well.

The median sales tax in Hunting Valley for the most recent year with available data, 2019, was $38,920, approximately 2.6% of the median home sale price for the second quarter of 2021.

The following table compares Hunting Valley 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)
Hunting Valley220%$1,518,300$1,737,500-12.6%
Bentleyville67-14.3%$682,500$520,00031.3%
Moreland Hills1721-19%$625,000$340,00083.8%
Gates Mills1215-20%$570,000$455,00025.3%
Pepper Pike372832.1%$535,000$478,33511.8%
Orange1012-16.7%$505,000$315,15060.2%
Chagrin Falls272222.7%$435,500$326,50033.4%
Highland Heights2526-3.8%$350,000$235,50048.6%
Valley View73133.3%$341,000$81,961316.1%
Beachwood6331103.2%$325,500$311,0004.7%
Rocky River877614.5%$317,000$262,50020.8%

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