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Monday, November 25, 2024

Home prices increased in Shorewood during May 2020

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in May 2020 in Shorewood rose by $15,400 while total sales decreased by 10%, according to BlockShopper.com.

In May 2020, there were nine homes sold, with a median sale price of $399,900 - a 4% increase over the $384,500 median sale price for the same period of the previous year. There were 10 homes sold in Shorewood in May 2019.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.4% of the median home sale price for May 2020.

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

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Whitefish Bay3753-30.2%$525,000$365,00043.8%
Shorewood910-10%$399,900$384,5004%
Bayside1116-31.3%$383,000$369,8503.6%
River Hills45-20%$377,819.50$770,000-50.9%
Fox Point1425-44%$340,750$293,00016.3%
Franklin6273-15.1%$265,450$247,0007.5%
Wauwatosa119131-9.2%$246,000$259,000-5%
Greendale3138-18.4%$235,000$255,000-7.8%
Oak Creek5870-17.1%$234,000$239,750-2.4%
Glendale3154-42.6%$221,500$208,2506.4%
Hales Corners1316-18.8%$210,000$223,600-6.1%

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