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Sunday, November 17, 2024

Bay Village home prices rise in November 2020

Re 13

The median sale price of a home sold in November 2020 in Bay Village rose by $35,000 while total sales increased by 73.3%, according to BlockShopper.com.

In November 2020, there were 26 homes sold, with a median sale price of $260,000 - a 15.6% increase over the $225,000 median sale price for the same period of the previous year. There were 15 homes sold in Bay Village in November 2019.

The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 2.7% of the median home sale price for November 2020.

The following table compares Bay Village 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)
Mayfield73133.3%$282,000$242,50016.3%
Moreland Hills42100%$281,000$561,604.50-50%
Solon221283.3%$275,750$235,50017.1%
Brecksville201266.7%$263,750$215,00022.7%
Rocky River342347.8%$261,000$208,00025.5%
Bay Village261573.3%$260,000$225,00015.6%
Strongsville683688.9%$245,000$205,00019.5%
Olmsted Township186200%$239,500$146,50063.5%
Westlake432572%$238,000$210,00013.3%
Shaker Heights363212.5%$228,750$128,00078.7%
Lakewood724560%$226,250$183,50023.3%

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