From July through September of 2020, there were 108 homes sold, with a median sale price of $256,500 - a 19% increase over the $215,625 median sale price for the same period of the previous year. There were 122 homes sold in Westlake in the third quarter of 2019.
The median sales tax in Westlake for the most recent year with available data, 2019, was $5,354, approximately 2.1% of the median home sale price for the third quarter of 2020.
The following table compares Westlake to other Cuyahoga County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Beachwood | 43 | 55 | -21.8% | $290,000 | $310,000 | -6.5% |
| Bay Village | 97 | 95 | 2.1% | $290,000 | $238,000 | 21.8% |
| Rocky River | 90 | 135 | -33.3% | $285,500 | $243,000 | 17.5% |
| Valley View | 6 | 5 | 20% | $272,500 | $159,900 | 70.4% |
| Brecksville | 46 | 59 | -22% | $258,000 | $260,000 | -0.8% |
| Westlake | 108 | 122 | -11.5% | $256,500 | $215,625 | 19% |
| Independence | 25 | 24 | 4.2% | $254,000 | $235,000 | 8.1% |
| Mayfield | 8 | 15 | -46.7% | $247,500 | $183,000 | 35.2% |
| Olmsted Township | 36 | 55 | -34.5% | $246,250 | $220,000 | 11.9% |
| Highland Heights | 33 | 41 | -19.5% | $243,000 | $246,000 | -1.2% |
| Strongsville | 167 | 211 | -20.9% | $241,000 | $224,300 | 7.4% |
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