In August 2019, there were 44 homes sold, with a median sale price of $187,500 - a 3% increase over the $182,000 median sale price for the same period of the previous year. There were 57 homes sold in Westlake in August 2018.
The median sales tax in Westlake for the most recent year with available data, 2016, was $5,148, approximately 2.7% of the median home sale price for August 2019.
The following table compares Westlake to other Cuyahoga County cities with similar median sales prices in August 2019:
City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Strongsville | 85 | 79 | 7.6% | $224,300 | $200,000 | 12.2% |
Rocky River | 50 | 58 | -13.8% | $223,950 | $238,000 | -5.9% |
Shaker Heights | 55 | 58 | -5.2% | $205,000 | $234,450 | -12.6% |
Walton Hills | 2 | 6 | -66.7% | $190,000 | $223,450 | -15% |
Fairview Park | 34 | 36 | -5.6% | $189,900 | $181,750 | 4.5% |
Westlake | 44 | 57 | -22.8% | $187,500 | $182,000 | 3% |
Seven Hills | 26 | 23 | 13% | $186,250 | $192,500 | -3.2% |
Olmsted Township | 20 | 16 | 25% | $185,750 | $246,250 | -24.6% |
Lakewood | 103 | 107 | -3.7% | $185,000 | $168,000 | 10.1% |
University Heights | 27 | 32 | -15.6% | $180,000 | $140,350 | 28.3% |
Woodmere | 1 | 0 | - | $180,000 | $0 | - |