Quantcast

The Sconi

Tuesday, November 5, 2024

The first half of 2018: Home prices in Shorewood increased

Re 4

The median sale price of a home sold in the first half of 2018 in Shorewood rose by $27,450 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through June of 2018, there were 60 homes sold, with a median sale price of $357,450 - a 8.3% increase over the $330,000 median sale price for the same period of the previous year. There were 72 homes sold in Shorewood in the first half of 2017.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.7% of the median home sale price for the first half of 2018.

The following table compares Shorewood 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%

MORE NEWS