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Monday, November 4, 2024

Fox Point median home prices rose by 4.4% in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Fox Point rose by $12,500 while total sales increased by 15.1%, according to BlockShopper.com.

From July through December of 2017, there were 137 homes sold, with a median sale price of $295,000 - a 4.4% increase over the $282,500 median sale price for the same period of the previous year. There were 119 homes sold in Fox Point in the second half of 2016.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 2.7% of the median home sale price for the second half of 2017.

The following table compares Fox Point to other Milwaukee County cities with similar median sale prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
River Hills262218.2%$599,950$674,500-11.1%
Whitefish Bay216259-16.6%$360,000$350,0002.9%
Bayside6584-22.6%$310,800$280,00011%
Shorewood917423%$301,000$312,500-3.7%
Fox Point13711915.1%$295,000$282,5004.4%
Wauwatosa657662-0.8%$226,000$213,3505.9%
Franklin460539-14.7%$222,248$210,8005.4%
Greendale177201-11.9%$210,000$190,00010.5%
Oak Creek341401-15%$205,000$200,0002.5%
Hales Corners12010316.5%$204,500$204,5000%
Glendale2372360.4%$177,000$185,000-4.3%

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