From January through March of 2017, there were 41 homes sold, with a median sale price of $90,000 - a 6.7% decrease over the $96,500 median sale price for the same period of the previous year. There were 47 homes sold in Brook Park in the first quarter of 2016.
The median sales tax in Brook Park for the most recent year with available data, 2016, was $2,724, approximately 3% of the median home sale price for the first quarter of 2017.
The following table compares Brook Park to other Cuyahoga County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Richmond Heights | 23 | 29 | -20.7% | $108,900 | $79,800 | 36.5% |
Olmsted Falls | 20 | 36 | -44.4% | $107,500 | $97,000 | 10.8% |
Berea | 39 | 41 | -4.9% | $103,000 | $113,000 | -8.8% |
Lyndhurst | 46 | 41 | 12.2% | $99,250 | $108,000 | -8.1% |
Parma Heights | 32 | 40 | -20% | $96,000 | $82,769 | 16% |
Brook Park | 41 | 47 | -12.8% | $90,000 | $96,500 | -6.7% |
Parma | 228 | 204 | 11.8% | $88,500 | $79,200 | 11.7% |
Cleveland Heights | 105 | 135 | -22.2% | $80,000 | $60,500 | 32.2% |
Brooklyn | 20 | 19 | 5.3% | $78,500 | $63,000 | 24.6% |
Bedford Heights | 19 | 11 | 72.7% | $78,000 | $57,000 | 36.8% |
Bedford | 37 | 32 | 15.6% | $68,000 | $45,750 | 48.6% |