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Sunday, November 24, 2024

The second quarter of 2021: Home prices in Kirtland Hills fell

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The median sale price of a home sold in the second quarter of 2021 in Kirtland Hills fell by $282,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From April through June of 2021, there were two homes sold, with a median sale price of $455,000 - a 38.3% decrease over the $737,500 median sale price for the same period of the previous year. There were two homes sold in Kirtland Hills in the second quarter of 2020, as well.

The median sales tax in Kirtland Hills for the most recent year with available data, 2019, was $18,542, approximately 4.1% of the median home sale price for the second quarter of 2021.

The following table compares Kirtland Hills 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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