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Sunday, November 24, 2024

Kirtland home prices rose in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Kirtland rose by $126,000 while total sales increased by 43.8%, according to BlockShopper.com.

From April through June of 2021, there were 23 homes sold, with a median sale price of $333,500 - a 60.7% increase over the $207,500 median sale price for the same period of the previous year. There were 16 homes sold in Kirtland in the second quarter of 2020.

The median sales tax in Kirtland for the most recent year with available data, 2019, was $8,397, approximately 2.5% of the median home sale price for the second quarter of 2021.

The following table compares Kirtland to other Lake County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Waite Hill40-$685,000$0-
Kirtland Hills220%$455,000$737,500-38.3%
Kirtland231643.8%$333,500$207,50060.7%
Willoughby Hills272128.6%$310,000$225,00037.8%
North Perry1415-6.7%$264,000$199,00032.7%
Perry990%$208,000$199,0004.5%
Mentor25921818.8%$203,000$185,5009.4%
Lakeline30-$200,000$0-
Madison463339.4%$191,000$155,00023.2%
Willoughby97943.2%$175,000$159,9009.4%
Painesville25017245.3%$169,000$169,950-0.6%

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