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West Cleveland News

Sunday, November 17, 2024

How did home prices perform in Westlake during April 2021?

Realestate2

The median sale price of a home sold in April 2021 in Westlake rose by $9,500 while total sales decreased by 21.1%, according to BlockShopper.com.

In April 2021, there were 30 homes sold, with a median sale price of $262,500 - a 3.8% increase over the $253,000 median sale price for the same period of the previous year. There were 38 homes sold in Westlake in April 2020.

The median sales tax in Westlake for the most recent year with available data, 2019, was $5,354, approximately 2% of the median home sale price for April 2021.

The following table compares Westlake to other Cuyahoga County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Solon1935-45.7%$320,000$291,00010%
Brecksville1415-6.7%$308,750$259,90018.8%
Bay Village2326-11.5%$302,000$257,45017.3%
Beachwood231376.9%$293,000$267,0009.7%
Rocky River382458.3%$286,500$265,4008%
Westlake3038-21.1%$262,500$253,0003.8%
Strongsville513834.2%$251,000$218,50014.9%
Mayfield63100%$247,500$355,000-30.3%
Shaker Heights55533.8%$240,000$210,00014.3%
Lakewood84796.3%$239,000$189,99925.8%
Olmsted Township912-25%$235,000$241,000-2.5%

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