In February 2021, there were 21 homes sold, with a median sale price of $158,000 - a 16.8% decrease over the $190,000 median sale price for the same period of the previous year. There were 27 homes sold in Westlake in February 2020.
The median sales tax in Westlake for the most recent year with available data, 2019, was $5,354, approximately 3.4% of the median home sale price for February 2021.
The following table compares Westlake to other Cuyahoga County cities with similar median sale prices in February 2021:
City | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lakewood | 58 | 40 | 45% | $177,500 | $194,950 | -9% |
North Olmsted | 43 | 17 | 152.9% | $170,000 | $145,000 | 17.2% |
North Royalton | 21 | 27 | -22.2% | $165,000 | $163,000 | 1.2% |
Oakwood | 2 | 4 | -50% | $162,500 | $95,750 | 69.7% |
Fairview Park | 21 | 18 | 16.7% | $160,000 | $159,500 | 0.3% |
Westlake | 21 | 27 | -22.2% | $158,000 | $190,000 | -16.8% |
Parma Heights | 16 | 15 | 6.7% | $155,950 | $127,000 | 22.8% |
Middleburg Heights | 14 | 12 | 16.7% | $155,500 | $157,000 | -1% |
Shaker Heights | 32 | 29 | 10.3% | $152,500 | $198,000 | -23% |
Mayfield Heights | 22 | 19 | 15.8% | $146,700 | $153,750 | -4.6% |
Richmond Heights | 9 | 6 | 50% | $145,000 | $153,500 | -5.5% |