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East Cleveland News

Sunday, November 24, 2024

How did home prices perform in Beachwood during November 2021?

Re 11

The median sale price of a home sold in November 2021 in Beachwood rose by $42,500 while total sales decreased by 40%, according to BlockShopper.com.

In November 2021, there were six homes sold, with a median sale price of $380,000 - a 12.6% increase over the $337,500 median sale price for the same period of the previous year. There were 10 homes sold in Beachwood in November 2020.

The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 1.8% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Hunting Valley10-$700,000$0-
Pepper Pike84100%$610,000$460,00032.6%
Gates Mills7475%$585,500$524,50011.6%
Moreland Hills34-25%$460,000$281,00063.7%
Chagrin Falls69-33.3%$432,500$315,00037.3%
Beachwood610-40%$380,000$337,50012.6%
Valley View12-50%$365,000$174,450109.2%
Woodmere110%$342,500$115,000197.8%
Orange330%$339,900$550,000-38.2%
Solon1722-22.7%$319,500$275,75015.9%
Bratenahl47-42.9%$308,750$550,000-43.9%

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