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Friday, November 1, 2024

What happened to the median home price in Shorewood during December 2020?

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The median sale price of a home sold in December 2020 in Shorewood rose by $54,900 while total sales decreased by 35.7%, according to BlockShopper.com.

In December 2020, there were nine homes sold, with a median sale price of $426,000 - a 14.8% increase over the $371,100 median sale price for the same period of the previous year. There were 14 homes sold in Shorewood in December 2019.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.3% of the median home sale price for December 2020.

The following table compares Shorewood to other Milwaukee County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
River Hills72250%$631,115$777,285-18.8%
Shorewood914-35.7%$426,000$371,10014.8%
Whitefish Bay362733.3%$366,300$349,0005%
Bayside161060%$357,300$324,50010.1%
Fox Point281855.6%$324,950$384,750-15.5%
Franklin1247957%$263,950$236,40011.7%
Greendale3138-18.4%$258,000$211,20022.2%
Wauwatosa13610825.9%$250,000$243,4502.7%
Hales Corners2010100%$248,000$227,5009%
Oak Creek685621.4%$235,000$214,2009.7%
Glendale453145.2%$220,000$181,00021.5%

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