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In May 2020, there were 35 homes sold, with a median sale price of $248,000 - a 28.8% increase over the $192,500 median sale price for the same period of the previous year. There were 55 homes sold in Westlake in May 2019.
The median sales tax in Westlake for the most recent year with available data, 2016, was $5,150, approximately 2.1% of the median home sale price for May 2020.
The following table compares Westlake to other Cuyahoga County cities with similar median sales prices in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Independence | 6 | 11 | -45.5% | $294,000 | $256,000 | 14.8% |
| Moreland Hills | 5 | 7 | -28.6% | $285,000 | $304,100 | -6.3% |
| Rocky River | 29 | 49 | -40.8% | $265,000 | $223,500 | 18.6% |
| Mayfield | 4 | 9 | -55.6% | $262,500 | $250,000 | 5% |
| Walton Hills | 5 | 3 | 66.7% | $250,000 | $209,900 | 19.1% |
| Westlake | 35 | 55 | -36.4% | $248,000 | $192,500 | 28.8% |
| Bay Village | 22 | 45 | -51.1% | $242,450 | $225,000 | 7.8% |
| Brecksville | 9 | 28 | -67.9% | $225,000 | $205,500 | 9.5% |
| Shaker Heights | 51 | 76 | -32.9% | $220,000 | $196,750 | 11.8% |
| Highland Heights | 6 | 17 | -64.7% | $214,500 | $255,000 | -15.9% |
| Strongsville | 43 | 86 | -50% | $212,000 | $216,500 | -2.1% |
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