From January through March of 2017, there were 78 homes sold, with a median sale price of $110,313 - a 36.1% decrease over the $172,500 median sale price for the same period of the previous year. There were 84 homes sold in Shaker Heights in the first quarter of 2016.
The median sales tax in Shaker Heights for the most recent year with available data, 2016, was $8,232, approximately 7.5% of the median home sale price for the first quarter of 2017.
The following table compares Shaker Heights 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) |
|---|---|---|---|---|---|---|
| Fairview Park | 38 | 36 | 5.6% | $126,500 | $106,666.50 | 18.6% |
| University Heights | 39 | 44 | -11.4% | $125,000 | $99,250 | 25.9% |
| Mayfield Heights | 33 | 39 | -15.4% | $124,000 | $116,500 | 6.4% |
| North Royalton | 58 | 49 | 18.4% | $123,000 | $96,250 | 27.8% |
| Cuyahoga Heights | 2 | 0 | - | $117,500 | $0 | - |
| Shaker Heights | 78 | 84 | -7.1% | $110,312.50 | $172,500 | -36.1% |
| Oakwood | 7 | 2 | 250% | $109,000 | $57,500 | 89.6% |
| 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% |
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