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West Cleveland News

Monday, November 18, 2024

How did home prices perform in Westlake during October 2021?

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in October 2021 in Westlake fell by $39,250 while total sales increased by 2.9%, according to BlockShopper.com.

In October 2021, there were 35 homes sold, with a median sale price of $270,500 - a 12.7% decrease over the $309,750 median sale price for the same period of the previous year. There were 34 homes sold in Westlake in October 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 October 2021.

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

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Valley View40-$317,500$0-
Rocky River271942.1%$300,000$330,000-9.1%
Broadview Heights1622-27.3%$285,400$197,00044.9%
Olmsted Township811-27.3%$285,000$240,00018.8%
Bratenahl220%$283,625$380,750-25.5%
Westlake35342.9%$270,500$309,750-12.7%
Bay Village1416-12.5%$257,500$297,500-13.4%
Seven Hills171241.7%$255,000$211,75020.4%
Lakewood5767-14.9%$245,000$215,10013.9%
Strongsville3345-26.7%$244,275$273,000-10.5%
Fairview Park2735-22.9%$240,500$199,00020.9%

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