From April through June of 2020, there were 160 homes sold, with a median sale price of $220,000 - a 6% increase over the $207,500 median sale price for the same period of the previous year. There were 202 homes sold in Shaker Heights in the second quarter of 2019.
The median sales tax in Shaker Heights for the most recent year with available data, 2019, was $8,387, approximately 3.8% of the median home sale price for the second quarter of 2020.
The following table compares Shaker Heights to other Cuyahoga County cities with similar median sales prices in the second quarter of 2020:
| City | Apr. - June 2020 Home Sales | Apr. - June 2019 Home Sales | % change (Total Home Sales) | Apr. - June 2020 Median Sales Price | Apr. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bay Village | 69 | 113 | -38.9% | $245,000 | $245,000 | 0% |
| Broadview Heights | 77 | 95 | -18.9% | $245,000 | $211,000 | 16.1% |
| Highland Heights | 26 | 37 | -29.7% | $235,500 | $235,000 | 0.2% |
| Walton Hills | 7 | 6 | 16.7% | $224,900 | $212,700 | 5.7% |
| Strongsville | 126 | 231 | -45.5% | $220,000 | $220,000 | 0% |
| Shaker Heights | 160 | 202 | -20.8% | $220,000 | $207,500 | 6% |
| Mayfield | 12 | 17 | -29.4% | $209,450 | $225,000 | -6.9% |
| Olmsted Township | 32 | 55 | -41.8% | $208,945.50 | $208,000 | 0.5% |
| Seven Hills | 63 | 69 | -8.7% | $208,000 | $185,400 | 12.2% |
| Brooklyn Heights | 8 | 7 | 14.3% | $201,500 | $148,000 | 36.1% |
| Lakewood | 211 | 296 | -28.7% | $195,000 | $180,000 | 8.3% |
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