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Buckeye Reporter

Thursday, October 31, 2024

Brecksville home prices rise in the first quarter of 2020

Realestate1

The median sale price of a home sold in the first quarter of 2020 in Brecksville rose by $50,500 while total sales decreased by 24%, according to BlockShopper.com.

From January through March of 2020, there were 38 homes sold, with a median sale price of $286,500 - a 21.4% increase over the $236,000 median sale price for the same period of the previous year. There were 50 homes sold in Brecksville in the first quarter of 2019.

The median sales tax in Brecksville for the most recent year with available data, 2016, was $5,647, approximately 2% of the median home sale price for the first quarter of 2020.

The following table compares Brecksville to other Cuyahoga County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Valley View35-40%$350,000$191,57582.7%
Beachwood28280%$330,306.50$292,25013%
Independence1215-20%$326,750$270,50020.8%
Chagrin Falls1013-23.1%$308,500$270,00014.3%
Orange9812.5%$295,000$297,500-0.8%
Brecksville3850-24%$286,500$236,00021.4%
Solon4878-38.5%$280,000$258,7508.2%
Glenwillow20-$272,950$0-
Bay Village4573-38.4%$265,000$209,90026.3%
Rocky River5191-44%$262,000$200,00031%
Highland Heights24234.3%$260,000$265,900-2.2%

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