In October 2019, there were 23 homes sold, with a median sale price of $255,000 - a 2.4% increase over the $249,100 median sale price for the same period of the previous year. There were 19 homes sold in Solon in October 2018.
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 October 2019.
The following table compares Solon to other Cuyahoga County cities with similar median sales prices in October 2019:
City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Beachwood | 7 | 14 | -50% | $272,500 | $247,500 | 10.1% |
Woodmere | 1 | 1 | 0% | $265,000 | $122,500 | 116.3% |
Highland Heights | 15 | 12 | 25% | $262,000 | $236,250 | 10.9% |
Bay Village | 35 | 18 | 94.4% | $261,500 | $187,500 | 39.5% |
Rocky River | 44 | 46 | -4.3% | $255,000 | $206,250 | 23.6% |
Solon | 23 | 19 | 21.1% | $255,000 | $249,100 | 2.4% |
Walton Hills | 2 | 8 | -75% | $252,000 | $176,000 | 43.2% |
Moreland Hills | 6 | 5 | 20% | $239,500 | $702,500 | -65.9% |
Westlake | 50 | 60 | -16.7% | $237,500 | $191,000 | 24.3% |
Independence | 7 | 8 | -12.5% | $237,000 | $274,000 | -13.5% |
Brecksville | 26 | 19 | 36.8% | $227,000 | $232,500 | -2.4% |