Quantcast

The Sconi

Saturday, November 2, 2024

How did home prices perform in Shorewood during the first half of 2017?

Re 9

The median sale price of a home sold in the first half of 2017 in Shorewood fell by $18,950 while total sales increased by 20%, according to BlockShopper.com.

From January through June of 2017, there were 72 homes sold, with a median sale price of $330,000 - a 5.4% decrease over the $348,950 median sale price for the same period of the previous year. There were 60 homes sold in Shorewood in the first half of 2016.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.9% of the median home sale price for the first half of 2017.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
River Hills1831-41.9%$464,000$540,000-14.1%
Whitefish Bay2152102.4%$356,100$340,3254.6%
Shorewood726020%$330,000$348,950-5.4%
Bayside796325.4%$281,000$281,300-0.1%
Fox Point12810521.9%$261,507.50$285,000-8.2%
Franklin417459-9.2%$229,900$202,10013.8%
Hales Corners926053.3%$224,475$193,85015.8%
Wauwatosa6175973.4%$215,000$210,0002.4%
Oak Creek35129718.2%$199,400$196,5001.5%
Greendale17113724.8%$195,000$199,100-2.1%
Glendale24020815.4%$175,000$172,2501.6%

MORE NEWS