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Tuesday, November 5, 2024

River Hills median home prices fell by 8.3% in November 2018

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The median sale price of a home sold in November 2018 in River Hills fell by $47,900 while total sales increased by 60%, according to BlockShopper.com.

In November 2018, there were eight homes sold, with a median sale price of $531,100 - a 8.3% decrease over the $579,000 median sale price for the same period of the previous year. There were five homes sold in River Hills in November 2017.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.9% of the median home sale price for November 2018.

The following table compares River Hills to other Milwaukee County cities with similar median sale prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
River Hills8560%$531,100$579,000-8.3%
Fox Point1123-52.2%$357,500$275,00030%
Bayside7475%$345,000$314,4509.7%
Shorewood131118.2%$340,000$280,00021.4%
Whitefish Bay36339.1%$312,250$344,000-9.2%
Greendale342725.9%$250,100$220,00013.7%
Wauwatosa9599-4%$235,900$217,0008.7%
Oak Creek5258-10.3%$235,000$221,5006.1%
Franklin6070-14.3%$223,500$240,000-6.9%
Hales Corners1424-41.7%$195,350$187,0004.5%
Glendale2840-30%$183,750$177,9003.3%

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