In February 2021, there were five homes sold, with a median sale price of $200,000 - a 34.2% decrease over the $304,000 median sale price for the same period of the previous year. There were 10 homes sold in Beachwood in February 2020.
The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 3.5% of the median home sale price for February 2021.
The following table compares Beachwood to other Cuyahoga County cities with similar median sale prices in February 2021:
City | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Olmsted Township | 7 | 5 | 40% | $239,900 | $179,900 | 33.4% |
Bay Village | 11 | 14 | -21.4% | $237,000 | $186,682 | 27% |
Seven Hills | 11 | 12 | -8.3% | $231,000 | $175,000 | 32% |
Highland Heights | 13 | 8 | 62.5% | $228,500 | $250,000 | -8.6% |
Strongsville | 36 | 30 | 20% | $222,612.50 | $204,250 | 9% |
Beachwood | 5 | 10 | -50% | $200,000 | $304,000 | -34.2% |
University Heights | 20 | 16 | 25% | $188,300 | $144,250 | 30.5% |
Lakewood | 58 | 40 | 45% | $177,500 | $194,950 | -9% |
North Olmsted | 43 | 17 | 152.9% | $170,000 | $145,000 | 17.2% |
North Royalton | 21 | 27 | -22.2% | $165,000 | $163,000 | 1.2% |
Oakwood | 2 | 4 | -50% | $162,500 | $95,750 | 69.7% |