Quantcast

East Cleveland News

Sunday, November 24, 2024

How did home prices perform in Beachwood during the second half of 2020?

Re 5

The median sale price of a home sold in the second half of 2020 in Beachwood fell by $6,900 while total sales increased by 13.7%, according to BlockShopper.com.

From July through December of 2020, there were 83 homes sold, with a median sale price of $293,100 - a 2.3% decrease over the $300,000 median sale price for the same period of the previous year. There were 73 homes sold in Beachwood in the second half of 2019.

The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 2.4% of the median home sale price for the second half of 2020.

The following table compares Beachwood to other Cuyahoga County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Bratenahl2627-3.7%$367,500$295,00024.6%
Glenwillow3250%$345,000$320,0007.8%
Orange3134-8.8%$327,000$387,450-15.6%
Chagrin Falls565012%$320,000$339,000-5.6%
Solon19016018.8%$300,000$296,5001.2%
Beachwood837313.7%$293,100$300,000-2.3%
Mayfield232015%$282,000$246,25014.5%
Brecksville97101-4%$280,000$236,00018.6%
Bay Village160167-4.2%$280,000$240,00016.7%
Rocky River177220-19.5%$277,250$249,00011.3%
Valley View10100%$262,450$201,50030.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS