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Sunday, November 24, 2024

What happened to the median home price in Avenues Mobile Estates during the first half of 2021?

Re 13

The median sale price of a home sold in the first half of 2021 in Avenues Mobile Estates rose by $17,500 while total sales increased by 116.7%, according to BlockShopper.com.

From January through June of 2021, there were 13 homes sold, with a median sale price of $131,500 - a 15.4% increase over the $114,000 median sale price for the same period of the previous year. There were six homes sold in Avenues Mobile Estates in the first half of 2020.

The median sales tax in Avenues Mobile Estates for the most recent year with available data, 2019, was $3,477, approximately 2.6% of the median home sale price for the first half of 2021.

The following table compares Avenues Mobile Estates to other Lake County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Painesville40334317.5%$154,900$153,0001.2%
Lakeline41300%$150,000$180,000-16.7%
Eastlake18914431.3%$145,000$123,27517.6%
Willowick19113541.5%$145,000$130,00011.5%
North Madison81758%$145,000$124,90016.1%
Lane21100%$136,000$75,00081.3%
Fairport Harbor312334.8%$136,000$101,50034%
Wickliffe15913319.5%$133,000$118,28012.4%
Avenues Mobile Estates136116.7%$131,500$114,00015.4%
Shoreland28-75%$125,250$61,525103.6%
Painesville on-the-Lake61500%$116,950$110,0006.3%

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