From October through December of 2018, there were 21 homes sold, with a median sale price of $274,000 - a 5.4% increase over the $260,000 median sale price for the same period of the previous year. There were 28 homes sold in Chagrin Falls in the fourth quarter of 2017.
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 fourth quarter of 2018.
The following table compares Chagrin Falls to other Cuyahoga County cities with similar median sales prices in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hunting Valley | 1 | 8 | -87.5% | $1,175,000 | $911,250 | 28.9% |
| Moreland Hills | 19 | 16 | 18.8% | $473,500 | $281,250 | 68.4% |
| Pepper Pike | 29 | 20 | 45% | $400,000 | $331,500 | 20.7% |
| Gates Mills | 7 | 11 | -36.4% | $355,000 | $530,000 | -33% |
| Chagrin Falls | 21 | 28 | -25% | $274,000 | $260,000 | 5.4% |
| Bay Village | 66 | 86 | -23.3% | $267,000 | $229,625 | 16.3% |
| Orange | 22 | 11 | 100% | $266,250 | $295,000 | -9.7% |
| Solon | 82 | 76 | 7.9% | $260,000 | $260,000 | 0% |
| Beachwood | 36 | 38 | -5.3% | $257,000 | $252,475 | 1.8% |
| Valley View | 4 | 5 | -20% | $249,500 | $225,000 | 10.9% |
| Independence | 18 | 21 | -14.3% | $234,950 | $183,800 | 27.8% |
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