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Sunday, November 17, 2024

How did home prices perform in Fairview Park during December 2020?

Realestate2

The median sale price of a home sold in December 2020 in Fairview Park rose by $35,500 while total sales increased by 47.8%, according to BlockShopper.com.

In December 2020, there were 34 homes sold, with a median sale price of $185,500 - a 23.7% increase over the $150,000 median sale price for the same period of the previous year. There were 23 homes sold in Fairview Park in December 2019.

The median sales tax in Fairview Park for the most recent year with available data, 2019, was $4,651, approximately 2.5% of the median home sale price for December 2020.

The following table compares Fairview Park 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)
Mayfield60-$217,000$0-
Broadview Heights279200%$210,000$167,50025.4%
Bay Village2022-9.1%$199,651$255,500-21.9%
Middleburg Heights221546.7%$195,000$150,00030%
Olmsted Township122500%$193,450$279,000-30.7%
Fairview Park342347.8%$185,500$150,00023.7%
North Olmsted402373.9%$173,500$130,00033.5%
Richmond Heights111010%$173,500$140,50023.5%
North Randall10-$170,000$0-
University Heights17988.9%$167,650$132,50026.5%
Olmsted Falls166166.7%$160,750$150,2507%

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