From January through March of 2020, there were 48 homes sold, with a median sale price of $280,000 - a 8.2% increase over the $258,750 median sale price for the same period of the previous year. There were 78 homes sold in Solon in the first quarter of 2019.
The median sales tax in Solon for the most recent year with available data, 2016, was $6,431, approximately 2.3% of the median home sale price for the first quarter of 2020.
The following table compares Solon to other Cuyahoga County cities with similar median sales prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Beachwood | 28 | 28 | 0% | $330,306.50 | $292,250 | 13% |
| Independence | 12 | 15 | -20% | $326,750 | $270,500 | 20.8% |
| Chagrin Falls | 10 | 13 | -23.1% | $308,500 | $270,000 | 14.3% |
| Orange | 9 | 8 | 12.5% | $295,000 | $297,500 | -0.8% |
| Brecksville | 38 | 50 | -24% | $286,500 | $236,000 | 21.4% |
| Solon | 48 | 78 | -38.5% | $280,000 | $258,750 | 8.2% |
| Glenwillow | 2 | 0 | - | $272,950 | $0 | - |
| Bay Village | 45 | 73 | -38.4% | $265,000 | $209,900 | 26.3% |
| Rocky River | 51 | 91 | -44% | $262,000 | $200,000 | 31% |
| Highland Heights | 24 | 23 | 4.3% | $260,000 | $265,900 | -2.2% |
| Broadview Heights | 47 | 58 | -19% | $250,000 | $250,000 | 0% |
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