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West Cleveland News

Sunday, November 17, 2024

Home prices decreased in Berea during December 2020

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The median sale price of a home sold in December 2020 in Berea fell by $15,000 while total sales increased by 92.3%, according to BlockShopper.com.

In December 2020, there were 25 homes sold, with a median sale price of $135,000 - a 10% decrease over the $150,000 median sale price for the same period of the previous year. There were 13 homes sold in Berea in December 2019.

The median sales tax in Berea for the most recent year with available data, 2019, was $3,596, approximately 2.7% of the median home sale price for December 2020.

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

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Parma Heights1827-33.3%$155,000$114,90034.9%
Mayfield Heights3315120%$150,000$150,0000%
Brook Park2913123.1%$145,000$132,5009.4%
Parma1036656.1%$144,000$114,95025.3%
Gates Mills30-$139,831$0-
Berea251392.3%$135,000$150,000-10%
South Euclid36339.1%$127,000$90,00041.1%
Bedford13130%$126,000$74,00070.3%
Cleveland Heights664837.5%$125,250$78,00060.6%
Oakwood12-50%$123,500$90,95035.8%
Bedford Heights11683.3%$115,000$67,01871.6%

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