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East Cleveland News

Monday, December 23, 2024

Beachwood home prices fell in March 2021

Re 11

The median sale price of a home sold in March 2021 in Beachwood fell by $42,000 while total sales remained unchanged with 11 homes sold, according to BlockShopper.com.

In March 2021, there were 11 homes sold, with a median sale price of $308,000 - a 12% decrease over the $350,000 median sale price for the same period of the previous year. There were 11 homes sold in Beachwood in March 2020, as well.

The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 2.3% of the median home sale price for March 2021.

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

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Bratenahl56-16.7%$363,000$357,5001.5%
Orange6520%$353,000$295,00019.7%
Solon281855.6%$345,000$305,00013.1%
Gates Mills31200%$340,000$800,000-57.5%
Brecksville221822.2%$328,750$291,50012.8%
Beachwood11110%$308,000$350,000-12%
Highland Heights187157.1%$302,500$277,4009%
Independence550%$280,000$351,000-20.2%
Mayfield6520%$280,000$178,00057.3%
Bay Village1721-19%$255,000$295,000-13.6%
Strongsville504316.3%$234,500$222,5005.4%

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