From July through December of 2017, there were 57 homes sold, with a median sale price of $275,000 - a 6.4% decrease over the $293,750 median sale price for the same period of the previous year. There were 44 homes sold in Chagrin Falls in the second half of 2016.
The median sales tax in Chagrin Falls for the most recent year with available data, 2016, was $7,927, approximately 2.9% of the median home sale price for the second half of 2017.
The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sales prices in the second half of 2017:
| City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gates Mills | 21 | 22 | -4.5% | $583,775 | $375,000 | 55.7% |
| Bentleyville | 7 | 3 | 133.3% | $515,000 | $680,000 | -24.3% |
| Pepper Pike | 51 | 58 | -12.1% | $400,000 | $346,000 | 15.6% |
| Moreland Hills | 40 | 41 | -2.4% | $347,450 | $318,000 | 9.3% |
| Orange | 24 | 26 | -7.7% | $292,500 | $244,500 | 19.6% |
| Chagrin Falls | 57 | 44 | 29.5% | $275,000 | $293,750 | -6.4% |
| Solon | 187 | 177 | 5.6% | $273,000 | $256,358 | 6.5% |
| Bratenahl | 36 | 27 | 33.3% | $262,500 | $200,000 | 31.3% |
| Highland Heights | 75 | 58 | 29.3% | $260,000 | $250,000 | 4% |
| Beachwood | 95 | 80 | 18.8% | $247,000 | $247,000 | 0% |
| Valley View | 13 | 4 | 225% | $240,000 | $105,000 | 128.6% |
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