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West Cleveland News

Sunday, November 17, 2024

Brook Park home prices rise in August 2020

Realestate2

The median sale price of a home sold in August 2020 in Brook Park rose by $17,700 while total sales decreased by 25.8%, according to BlockShopper.com.

In August 2020, there were 23 homes sold, with a median sale price of $144,000 - a 14% increase over the $126,300 median sale price for the same period of the previous year. There were 31 homes sold in Brook Park in August 2019.

The median sales tax in Brook Park for the most recent year with available data, 2019, was $2,822, approximately 2% of the median home sale price for August 2020.

The following table compares Brook Park to other Cuyahoga County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Mayfield Heights2730-10%$170,500$122,50039.2%
Walton Hills42100%$168,000$190,000-11.6%
University Heights392650%$167,500$180,000-6.9%
Lyndhurst2434-29.4%$154,700$149,4503.5%
Berea2543-41.9%$154,000$131,00017.6%
Brook Park2331-25.8%$144,000$126,30014%
Olmsted Falls1116-31.3%$140,000$135,7503.1%
Parma129164-21.3%$140,000$125,00012%
Brooklyn20195.3%$138,000$116,50018.5%
Valley View31200%$129,500$65,00099.2%
Cleveland Heights937524%$125,000$100,00025%

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