In June 2017, there were nine homes sold, with a median sale price of $160,000 - a 29.7% decrease over the $227,450 median sale price for the same period of the previous year. There were eight homes sold in Willoughby Hills in June 2016.
The median sales tax in Willoughby Hills for the most recent year with available data, 2015, was $5,519, approximately 3.4% of the median home sale price for June 2017.
The following table compares Willoughby Hills to other Lake County cities with similar median sales prices in June 2017:
City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Waite Hill | 2 | 0 | - | $363,000 | $0 | - |
Kirtland Hills | 1 | 2 | -50% | $315,000 | $380,000 | -17.1% |
North Perry | 11 | 15 | -26.7% | $225,000 | $194,000 | 16% |
Kirtland | 15 | 9 | 66.7% | $180,000 | $245,000 | -26.5% |
Mentor | 120 | 112 | 7.1% | $167,000 | $150,500 | 11% |
Willoughby Hills | 9 | 8 | 12.5% | $160,000 | $227,450 | -29.7% |
Timberlake | 2 | 2 | 0% | $152,450 | $104,300 | 46.2% |
Painesville on-the-Lake | 1 | 1 | 0% | $150,000 | $88,000 | 70.5% |
Shoreland | 1 | 0 | - | $144,400 | $0 | - |
Painesville | 94 | 94 | 0% | $136,000 | $154,350 | -11.9% |
Perry | 8 | 4 | 100% | $133,950 | $209,250 | -36% |