From October through December of 2017, there were 134 homes sold, with a median sale price of $168,950 - a 9.2% increase over the $154,700 median sale price for the same period of the previous year. There were 99 homes sold in Shaker Heights in the fourth quarter of 2016.
The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,232, approximately 4.9% of the median home sale price for the fourth quarter of 2017.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Westlake | 140 | 112 | 25% | $189,500 | $227,750 | -16.8% |
| Glenwillow | 3 | 0 | - | $189,000 | $0 | - |
| Olmsted Township | 34 | 25 | 36% | $186,450 | $162,500 | 14.7% |
| Independence | 21 | 26 | -19.2% | $183,800 | $201,000 | -8.6% |
| Strongsville | 185 | 184 | 0.5% | $181,500 | $170,500 | 6.5% |
| Shaker Heights | 134 | 99 | 35.4% | $168,950 | $154,700 | 9.2% |
| Walton Hills | 5 | 8 | -37.5% | $167,000 | $218,125 | -23.4% |
| Seven Hills | 47 | 61 | -23% | $166,000 | $157,000 | 5.7% |
| North Royalton | 122 | 85 | 43.5% | $165,750 | $124,000 | 33.7% |
| Cuyahoga Heights | 2 | 1 | 100% | $155,000 | $147,500 | 5.1% |
| Fairview Park | 78 | 82 | -4.9% | $154,250 | $134,500 | 14.7% |
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