In March 2019, there were 27 homes sold, with a median sale price of $245,000 - a 26% increase over the $194,500 median sale price for the same period of the previous year. There were 25 homes sold in Bay Village in March 2018.
The median sales tax in Bay Village for the most recent year with available data, 2016, was $6,699, approximately 2.7% of the median home sale price for March 2019.
The following table compares Bay Village to other Cuyahoga County cities with similar median sales prices in March 2019:
City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gates Mills | 4 | 3 | 33.3% | $411,250 | $750,000 | -45.2% |
Chagrin Falls | 9 | 4 | 125% | $332,500 | $208,450 | 59.5% |
Beachwood | 14 | 7 | 100% | $330,000 | $235,000 | 40.4% |
Brecksville | 21 | 19 | 10.5% | $282,500 | $260,000 | 8.7% |
Solon | 27 | 26 | 3.8% | $275,000 | $219,750 | 25.1% |
Bay Village | 27 | 25 | 8% | $245,000 | $194,500 | 26% |
Orange | 5 | 8 | -37.5% | $240,000 | $323,500 | -25.8% |
Independence | 6 | 10 | -40% | $227,500 | $252,000 | -9.7% |
Walton Hills | 2 | 1 | 100% | $226,500 | $120,000 | 88.8% |
Mayfield | 3 | 5 | -40% | $215,000 | $180,000 | 19.4% |
Olmsted Township | 11 | 16 | -31.3% | $210,000 | $204,500 | 2.7% |