From July through December of 2018, there were 55 homes sold, with a median sale price of $215,000 - a 20.6% decrease over the $270,750 median sale price for the same period of the previous year. There were 50 homes sold in Kirtland in the second half of 2017.
The median sales tax in Kirtland for the most recent year with available data, 2015, was $7,619, approximately 3.5% of the median home sale price for the second half of 2018.
The following table compares Kirtland to other Lake County cities with similar median sales prices in the second half of 2018:
City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Waite Hill | 5 | 7 | -28.6% | $472,000 | $405,000 | 16.5% |
Kirtland Hills | 7 | 11 | -36.4% | $445,000 | $535,000 | -16.8% |
Kirtland | 55 | 50 | 10% | $215,000 | $270,750 | -20.6% |
Willoughby Hills | 69 | 57 | 21.1% | $205,000 | $192,000 | 6.8% |
North Perry | 42 | 40 | 5% | $199,450 | $173,500 | 15% |
Grand River | 1 | 7 | -85.7% | $172,000 | $163,000 | 5.5% |
Mentor | 503 | 503 | 0% | $152,000 | $155,000 | -1.9% |
Perry | 12 | 23 | -47.8% | $142,250 | $135,000 | 5.4% |
Willoughby | 188 | 226 | -16.8% | $140,500 | $135,450 | 3.7% |
Painesville | 434 | 453 | -4.2% | $140,000 | $135,000 | 3.7% |
Mentor-on-the-Lake | 61 | 68 | -10.3% | $137,000 | $117,500 | 16.6% |