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Monday, November 25, 2024

What happened to the median home price in River Hills during November 2020?

Realestate2

The median sale price of a home sold in November 2020 in River Hills rose by $580,550 while total sales increased by 300%, according to BlockShopper.com.

In November 2020, there were eight homes sold, with a median sale price of $910,050 - a 176.2% increase over the $329,500 median sale price for the same period of the previous year. There were two homes sold in River Hills in November 2019.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 1.7% of the median home sale price for November 2020.

The following table compares River Hills to other Milwaukee County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
River Hills82300%$910,050$329,500176.2%
Whitefish Bay32306.7%$407,300$381,6006.7%
Bayside145180%$382,500$240,00059.4%
Fox Point191172.7%$325,000$260,00025%
Shorewood111010%$325,000$421,500-22.9%
Franklin725726.3%$286,400$235,00021.9%
Hales Corners213600%$270,000$229,50017.6%
Wauwatosa1129715.5%$257,000$258,400-0.5%
Oak Creek4952-5.8%$239,500$229,3504.4%
Greendale1943-55.8%$235,200$235,400-0.1%
Glendale322814.3%$231,100$182,20026.8%

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