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Sunday, November 24, 2024

Kirtland Hills home prices fell in the first half of 2021

Realestate2

The median sale price of a home sold in the first half of 2021 in Kirtland Hills fell by $132,500 while total sales decreased by 20%, according to BlockShopper.com.

From January through June of 2021, there were four homes sold, with a median sale price of $402,500 - a 24.8% decrease over the $535,000 median sale price for the same period of the previous year. There were five homes sold in Kirtland Hills in the first half of 2020.

The median sales tax in Kirtland Hills for the most recent year with available data, 2019, was $18,542, approximately 4.6% of the median home sale price for the first half of 2021.

The following table compares Kirtland Hills 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)
Waite Hill5366.7%$720,000$1,000,000-28%
Kirtland Hills45-20%$402,500$535,000-24.8%
Willoughby Hills413613.9%$315,000$192,50063.6%
Kirtland382552%$280,000$210,00033.3%
North Perry2427-11.1%$240,000$198,00021.2%
Timberlake25-60%$223,250$133,50067.2%
Perry14140%$197,900$163,499.5021%
Mentor4263919%$195,000$175,00011.4%
Madison745437%$175,000$162,0008%
Willoughby1731683%$175,000$147,25018.8%
Grand River550%$165,000$167,500-1.5%

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