In July 2019, there were 35 homes sold, with a median sale price of $320,000 - a 11.5% increase over the $287,000 median sale price for the same period of the previous year. There were 41 homes sold in Solon in July 2018.
The median sales tax in Solon for the most recent year with available data, 2016, was $6,431, approximately 2% of the median home sale price for July 2019.
The following table compares Solon to other Cuyahoga County cities with similar median sales prices in July 2019:
City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Chagrin Falls | 13 | 9 | 44.4% | $365,000 | $200,000 | 82.5% |
Beachwood | 14 | 18 | -22.2% | $357,500 | $288,500 | 23.9% |
Mayfield | 4 | 5 | -20% | $335,500 | $262,000 | 28.1% |
Highland Heights | 14 | 15 | -6.7% | $326,000 | $229,900 | 41.8% |
Bratenahl | 5 | 2 | 150% | $325,000 | $209,500 | 55.1% |
Solon | 35 | 41 | -14.6% | $320,000 | $287,000 | 11.5% |
Brecksville | 26 | 17 | 52.9% | $296,250 | $219,000 | 35.3% |
Rocky River | 48 | 41 | 17.1% | $272,500 | $229,000 | 19% |
Bay Village | 30 | 34 | -11.8% | $246,000 | $277,500 | -11.4% |
Broadview Heights | 18 | 33 | -45.5% | $238,500 | $280,000 | -14.8% |
Olmsted Township | 22 | 22 | 0% | $234,500 | $218,500 | 7.3% |