In April, there were seven homes sold, with a median sale price of $494,000 - a 68.6 percent increase over the $293,000 median sale price for the same period of the previous year. There were 23 homes sold in Beachwood in April 2021.
The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 1.4 percent of the median home sale price for April.
The following table compares Beachwood to other Cuyahoga County cities with similar median sale prices in April:
City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Pepper Pike | 6 | 13 | -53.8 | $643,925 | $550,000 | 17.1 |
Independence | 3 | 7 | -57.1 | $505,000 | $210,000 | 140.5 |
Beachwood | 7 | 23 | -69.6 | $494,000 | $293,000 | 68.6 |
Moreland Hills | 3 | 5 | -40 | $445,000 | $620,000 | -28.2 |
Solon | 18 | 21 | -14.3 | $377,000 | $320,000 | 17.8 |
Westlake | 25 | 36 | -30.6 | $343,000 | $262,500 | 30.7 |
Mayfield | 4 | 6 | -33.3 | $343,000 | $247,500 | 38.6 |
Brecksville | 15 | 14 | 7.1 | $340,000 | $308,750 | 10.1 |
Rocky River | 16 | 39 | -59 | $338,000 | $290,000 | 16.6 |
Bay Village | 12 | 23 | -47.8 | $317,762 | $302,000 | 5.2 |
Chagrin Falls | 6 | 11 | -45.5 | $308,784 | $549,000 | -43.8 |