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Sunday, November 17, 2024

Berea home prices rise in November 2020

Re 11

The median sale price of a home sold in November 2020 in Berea rose by $34,900 while total sales increased by 218.2%, according to BlockShopper.com.

In November 2020, there were 35 homes sold, with a median sale price of $175,000 - a 24.9% increase over the $140,100 median sale price for the same period of the previous year. There were 11 homes sold in Berea in November 2019.

The median sales tax in Berea for the most recent year with available data, 2019, was $3,596, approximately 2.1% of the median home sale price for November 2020.

The following table compares Berea to other Cuyahoga County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Broadview Heights191346.2%$205,000$170,00020.6%
Cuyahoga Heights10-$200,000$0-
Olmsted Falls194375%$180,000$161,55011.4%
Middleburg Heights281764.7%$179,000$149,00020.1%
North Olmsted522979.3%$176,000$152,10015.7%
Berea3511218.2%$175,000$140,10024.9%
Valley View21100%$174,450$225,000-22.5%
Oakwood24-50%$173,750$256,000-32.1%
Mayfield Heights191258.3%$162,000$148,2509.3%
University Heights191172.7%$155,000$139,00011.5%
Brook Park2613100%$150,000$99,90050.2%

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