From July through December of 2019, there were 282 homes sold, with a median sale price of $179,500 - a 3.8% increase over the $172,950 median sale price for the same period of the previous year. There were 308 homes sold in Shaker Heights in the second half of 2018.
The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,232, approximately 4.6% of the median home sale price for the second half of 2019.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in the second half of 2019:
City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Walton Hills | 18 | 37 | -51.4% | $197,500 | $193,100 | 2.3% |
Seven Hills | 114 | 108 | 5.6% | $187,250 | $180,000 | 4% |
Lakewood | 459 | 533 | -13.9% | $185,000 | $162,000 | 14.2% |
Fairview Park | 148 | 175 | -15.4% | $182,000 | $165,000 | 10.3% |
Woodmere | 3 | 1 | 200% | $180,000 | $122,500 | 46.9% |
Shaker Heights | 282 | 308 | -8.4% | $179,500 | $172,950 | 3.8% |
North Royalton | 211 | 242 | -12.8% | $175,000 | $188,000 | -6.9% |
North Olmsted | 268 | 307 | -12.7% | $162,000 | $160,000 | 1.3% |
Middleburg Heights | 132 | 130 | 1.5% | $157,500 | $148,750 | 5.9% |
Brooklyn Heights | 19 | 15 | 26.7% | $155,000 | $142,000 | 9.2% |
University Heights | 119 | 154 | -22.7% | $153,910 | $150,000 | 2.6% |