Quantcast

Cleveland Reporter

Saturday, November 23, 2024

Brooklyn home prices rise in March 2018

Re 13

The median sale price of a home sold in March 2018 in Brooklyn rose by $20,500 while total sales increased by 80%, according to BlockShopper.com.

In March 2018, there were nine homes sold, with a median sale price of $100,500 - a 25.6% increase over the $80,000 median sale price for the same period of the previous year. There were five homes sold in Brooklyn in March 2017.

The median sales tax in Brooklyn for the most recent year with available data, 2016, was $2,666, approximately 2.7% of the median home sale price for March 2018.

The following table compares Brooklyn to other Cuyahoga County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Richmond Heights136116.7%$122,000$103,50017.9%
Walton Hills110%$120,000$120,0000%
Parma Heights317342.9%$115,000$92,00025%
Parma13254144.4%$107,841.50$92,87516.1%
Lyndhurst3914178.6%$102,000$94,0008.5%
Brooklyn9580%$100,500$80,00025.6%
Brook Park181338.5%$98,000$75,53929.7%
Bedford Heights8714.3%$97,000$90,0007.8%
Valley View10-$95,000$0-
Cleveland Heights6432100%$92,750$105,650-12.2%
Oakwood61500%$86,500$153,000-43.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS