In April 2017, there were 32 homes sold, with a median sale price of $96,900 - a 27.8% decrease over the $134,200 median sale price for the same period of the previous year. There were 24 homes sold in Eastlake in April 2016.
The median sales tax in Eastlake for the most recent year with available data, 2015, was $3,209, approximately 3.3% of the median home sale price for April 2017.
The following table compares Eastlake to other Lake County cities with similar median sales prices in April 2017:
City | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Willoughby | 26 | 29 | -10.3% | $136,000 | $114,900 | 18.4% |
Mentor-on-the-Lake | 13 | 11 | 18.2% | $123,600 | $95,000 | 30.1% |
Fairport Harbor | 7 | 5 | 40% | $122,700 | $90,000 | 36.3% |
Willowick | 40 | 9 | 344.4% | $107,000 | $99,400 | 7.6% |
Wickliffe | 26 | 22 | 18.2% | $99,750 | $69,500 | 43.5% |
Eastlake | 32 | 24 | 33.3% | $96,900 | $134,200 | -27.8% |
North Madison | 14 | 19 | -26.3% | $95,250 | $96,500 | -1.3% |
Grand River | 1 | 2 | -50% | $90,000 | $130,700 | -31.1% |
Painesville on-the-Lake | 1 | 2 | -50% | $78,000 | $89,100 | -12.5% |
Shoreland | 1 | 0 | - | $73,500 | $0 | - |
Avenues Mobile Estates | 1 | 2 | -50% | $53,000 | $67,200 | -21.1% |