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Monday, November 25, 2024

December 2020: Home prices in Kirtland increased

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The median sale price of a home sold in December 2020 in Kirtland rose by $241,500 while total sales increased by 100%, according to BlockShopper.com.

In December 2020, there were six homes sold, with a median sale price of $311,500 - a 345% increase over the $70,000 median sale price for the same period of the previous year. There were three homes sold in Kirtland in December 2019.

The median sales tax in Kirtland for the most recent year with available data, 2019, was $8,397, approximately 2.7% of the median home sale price for December 2020.

The following table compares Kirtland to other Lake County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Waite Hill10-$697,135$0-
Kirtland63100%$311,500$70,000345%
Willoughby Hills92350%$305,000$225,00035.6%
Perry10-$299,900$0-
Madison813-38.5%$235,000$149,22157.5%
Timberlake110%$220,000$146,00050.7%
North Perry103233.3%$190,000$125,00052%
Grand River10-$180,000$0-
Painesville71692.9%$173,000$129,00034.1%
Mentor815937.3%$167,500$150,00011.7%
Willowick292611.5%$139,900$127,00010.2%

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