From January through March of 2017, there were 47 homes sold, with a median sale price of $260,000 - a 3.2% increase over the $252,000 median sale price for the same period of the previous year. There were 40 homes sold in Solon in the first quarter of 2016.
The median sales tax in Solon for the most recent year with available data, 2016, was $6,431, approximately 2.5% of the median home sale price for the first quarter of 2017.
The following table compares Solon 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) |
|---|---|---|---|---|---|---|
| Highland Heights | 13 | 16 | -18.8% | $316,400 | $208,000 | 52.1% |
| Gates Mills | 4 | 3 | 33.3% | $305,000 | $640,000 | -52.3% |
| Walton Hills | 5 | 4 | 25% | $301,000 | $159,250 | 89% |
| Bratenahl | 8 | 4 | 100% | $265,000 | $223,000 | 18.8% |
| Orange | 5 | 8 | -37.5% | $265,000 | $296,000 | -10.5% |
| Solon | 47 | 40 | 17.5% | $260,000 | $252,000 | 3.2% |
| Beachwood | 27 | 17 | 58.8% | $238,000 | $220,000 | 8.2% |
| Brecksville | 31 | 28 | 10.7% | $226,000 | $233,500 | -3.2% |
| Valley View | 2 | 3 | -33.3% | $224,750 | $180,000 | 24.9% |
| Independence | 15 | 12 | 25% | $219,000 | $161,450 | 35.6% |
| Broadview Heights | 34 | 34 | 0% | $217,500 | $154,000 | 41.2% |
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