In May, there were 17 homes sold, with a median sale price of $300,000 - a 15.8 percent decrease from the $356,450 median sale price for the same period of the previous year. There were 20 homes sold in Beachwood in May 2021.
The median sales tax in Beachwood for the most recent year with available data, 2019, was $6,984, approximately 2.3 percent of the median home sale price for May.
The following table compares Beachwood to other Cuyahoga County cities with similar median sale prices in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Highland Heights | 12 | 9 | 33.3 | $332,500 | $395,000 | -15.8 |
Walton Hills | 1 | 0 | - | $330,000 | $0 | - |
Rocky River | 18 | 25 | -28 | $327,500 | $287,000 | 14.1 |
Valley View | 1 | 0 | - | $325,000 | $0 | - |
Bay Village | 14 | 20 | -30 | $323,750 | $265,250 | 22.1 |
Beachwood | 17 | 20 | -15 | $300,000 | $356,450 | -15.8 |
Fairview Park | 24 | 14 | 71.4 | $298,550 | $232,500 | 28.4 |
Strongsville | 39 | 44 | -11.4 | $294,000 | $291,500 | 0.9 |
Lakewood | 76 | 59 | 28.8 | $287,500 | $239,500 | 20 |
Olmsted Township | 6 | 10 | -40 | $286,000 | $258,000 | 10.9 |
North Royalton | 30 | 26 | 15.4 | $282,500 | $245,000 | 15.3 |