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Monday, November 4, 2024

Home prices increased in Shorewood during February 2021

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The median sale price of a home sold in February 2021 in Shorewood rose by $209,900 while total sales increased by 18.2%, according to BlockShopper.com.

In February 2021, there were 13 homes sold, with a median sale price of $494,900 - a 73.6% increase over the $285,000 median sale price for the same period of the previous year. There were 11 homes sold in Shorewood in February 2020.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2% of the median home sale price for February 2021.

The following table compares Shorewood to other Milwaukee County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
River Hills440%$721,750$618,00016.8%
Shorewood131118.2%$494,900$285,00073.6%
Bayside12771.4%$387,300$261,00048.4%
Whitefish Bay3216100%$362,750$325,75011.4%
Fox Point17988.9%$354,000$285,00024.2%
Wauwatosa827017.1%$254,750$226,62512.4%
Greendale1821-14.3%$254,650$217,00017.4%
Franklin56551.8%$251,000$250,0000.4%
Oak Creek522792.6%$228,800$239,900-4.6%
Glendale322152.4%$202,000$226,700-10.9%
Hales Corners13785.7%$200,000$189,0005.8%

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