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Tuesday, November 5, 2024

Falling home prices in Shorewood in February 2019

Realestate1

The median sale price of a home sold in February 2019 in Shorewood fell by $12,200 while total sales increased by 100%, according to BlockShopper.com.

In February 2019, there were six homes sold, with a median sale price of $276,000 - a 4.2% decrease over the $288,200 median sale price for the same period of the previous year. There were three homes sold in Shorewood in February 2018.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 3.5% of the median home sale price for February 2019.

The following table compares Shorewood to other Milwaukee County cities with similar median sale prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
River Hills5425%$675,400$805,000-16.1%
Whitefish Bay262313%$370,550$287,40028.9%
Bayside8714.3%$306,850$255,00020.3%
Fox Point215320%$290,000$240,00020.8%
Shorewood63100%$276,000$288,200-4.2%
Hales Corners8714.3%$250,000$231,0008.2%
Franklin4852-7.7%$240,100$221,0838.6%
Greendale1820-10%$231,100$178,05029.8%
Wauwatosa6574-12.2%$215,800$190,00013.6%
Glendale2429-17.2%$192,500$198,000-2.8%
Oak Creek4349-12.2%$177,400$201,100-11.8%

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