From January through March of 2017, there were five homes sold, with a median sale price of $265,000 - a 10.5% decrease over the $296,000 median sale price for the same period of the previous year. There were eight homes sold in Orange in the first quarter of 2016.
The median sales tax in Orange for the most recent year with available data, 2016, was $8,118, approximately 3.1% of the median home sale price for the first quarter of 2017.
The following table compares Orange 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) |
---|---|---|---|---|---|---|
Pepper Pike | 14 | 11 | 27.3% | $335,000 | $329,000 | 1.8% |
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% |