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Sunday, November 17, 2024

How did home prices perform in Bay Village during July 2021?

Realestate5

The median sale price of a home sold in July 2021 in Bay Village rose by $17,500 while total sales decreased by 32.1%, according to BlockShopper.com.

In July 2021, there were 19 homes sold, with a median sale price of $300,000 - a 6.2% increase over the $282,500 median sale price for the same period of the previous year. There were 28 homes sold in Bay Village in July 2020.

The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 2.4% of the median home sale price for July 2021.

The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Mayfield440%$363,500$272,50033.4%
Westlake2944-34.1%$354,000$234,50051%
Solon2847-40.4%$338,700$300,00012.9%
Independence311-72.7%$335,900$255,00031.7%
Bratenahl57-28.6%$325,000$230,00041.3%
Bay Village1928-32.1%$300,000$282,5006.2%
Olmsted Township810-20%$295,500$199,50048.1%
Strongsville4369-37.7%$270,000$244,90010.2%
Broadview Heights1435-60%$267,450$255,4004.7%
Walton Hills330%$245,000$140,00075%
Shaker Heights4762-24.2%$243,500$235,892.503.2%

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