In October 2018, there were 57 homes sold, with a median sale price of $155,000 - a 3.9% decrease over the $161,240 median sale price for the same period of the previous year. There were 44 homes sold in Shaker Heights in October 2017.
The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,232, approximately 5.3% of the median home sale price for October 2018.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in October 2018:
City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Seven Hills | 19 | 18 | 5.6% | $170,400 | $174,250 | -2.2% |
Oakwood | 3 | 4 | -25% | $170,000 | $122,000 | 39.3% |
Broadview Heights | 19 | 26 | -26.9% | $164,900 | $178,450 | -7.6% |
Lakewood | 98 | 81 | 21% | $158,250 | $148,000 | 6.9% |
Olmsted Falls | 17 | 17 | 0% | $158,000 | $135,000 | 17% |
Shaker Heights | 57 | 44 | 29.5% | $155,000 | $161,240 | -3.9% |
Fairview Park | 26 | 31 | -16.1% | $152,500 | $158,500 | -3.8% |
North Olmsted | 56 | 53 | 5.7% | $152,450 | $145,000 | 5.1% |
Brooklyn Heights | 3 | 0 | - | $150,000 | $0 | - |
Berea | 25 | 26 | -3.8% | $148,000 | $127,500 | 16.1% |
Lyndhurst | 40 | 33 | 21.2% | $145,000 | $120,000 | 20.8% |