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Tuesday, November 5, 2024

How did home prices perform in Fox Point during the first half of 2018?

Realestate2

The median sale price of a home sold in the first half of 2018 in Fox Point rose by $53,493 while total sales decreased by 14.8%, according to BlockShopper.com.

From January through June of 2018, there were 109 homes sold, with a median sale price of $315,000 - a 20.5% increase over the $261,508 median sale price for the same period of the previous year. There were 128 homes sold in Fox Point in the first half of 2017.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 2.6% of the median home sale price for the first half of 2018.

The following table compares Fox Point to other Milwaukee County cities with similar median sale prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
River Hills241833.3%$399,300$464,000-13.9%
Whitefish Bay2152150%$380,000$356,1006.7%
Shorewood6072-16.7%$357,450$330,0008.3%
Bayside82793.8%$319,550$281,00013.7%
Fox Point109128-14.8%$315,000$261,507.5020.5%
Hales Corners6992-25%$232,500$224,4753.6%
Franklin4254171.9%$230,800$229,9000.4%
Wauwatosa591617-4.2%$219,900$215,0002.3%
Greendale1871719.4%$210,000$195,0007.7%
Oak Creek300351-14.5%$206,800$199,4003.7%
Glendale223240-7.1%$181,900$175,0003.9%

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