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East Cleveland News

Wednesday, December 25, 2024

How did home prices perform in Beachwood during January 2021?

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The median sale price of a home sold in January 2021 in Beachwood fell by $32,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In January 2021, there were four homes sold, with a median sale price of $253,000 - a 11.4% decrease over the $285,500 median sale price for the same period of the previous year. There were seven homes sold in Beachwood in January 2020.

The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 2.8% of the median home sale price for January 2021.

The following table compares Beachwood to other Cuyahoga County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Solon914-35.7%$280,000$263,0006.5%
Walton Hills31200%$270,000$177,90051.8%
Westlake1721-19%$258,000$245,0005.3%
Richmond Heights36-50%$255,000$127,62599.8%
Middleburg Heights58-37.5%$255,000$100,500153.7%
Beachwood47-42.9%$253,000$285,500-11.4%
Rocky River718-61.1%$250,000$264,000-5.3%
Brecksville59-44.4%$247,000$205,00020.5%
Bratenahl12-50%$235,000$189,00024.3%
Highland Heights48-50%$230,000$235,000-2.1%
Lakewood2837-24.3%$229,677.50$170,00035.1%

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