From January through June of 2017, there were 18 homes sold, with a median sale price of $464,000 - a 14.1% decrease over the $540,000 median sale price for the same period of the previous year. There were 31 homes sold in River Hills in the first half of 2016.
The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 3.4% of the median home sale price for the first half of 2017.
The following table compares River Hills to other Milwaukee County cities with similar median sale prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
River Hills | 18 | 31 | -41.9% | $464,000 | $540,000 | -14.1% |
Whitefish Bay | 215 | 210 | 2.4% | $356,100 | $340,325 | 4.6% |
Shorewood | 72 | 60 | 20% | $330,000 | $348,950 | -5.4% |
Bayside | 79 | 63 | 25.4% | $281,000 | $281,300 | -0.1% |
Fox Point | 128 | 105 | 21.9% | $261,507.50 | $285,000 | -8.2% |
Franklin | 417 | 459 | -9.2% | $229,900 | $202,100 | 13.8% |
Hales Corners | 92 | 60 | 53.3% | $224,475 | $193,850 | 15.8% |
Wauwatosa | 617 | 597 | 3.4% | $215,000 | $210,000 | 2.4% |
Oak Creek | 351 | 297 | 18.2% | $199,400 | $196,500 | 1.5% |
Greendale | 171 | 137 | 24.8% | $195,000 | $199,100 | -2.1% |
Glendale | 240 | 208 | 15.4% | $175,000 | $172,250 | 1.6% |