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Tuesday, November 5, 2024

October 2018: Shorewood experienced a 20.6% increase in median home prices

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The median sale price of a home sold in October 2018 in Shorewood rose by $58,000 while total sales increased by 75%, according to BlockShopper.com.

In October 2018, there were 21 homes sold, with a median sale price of $340,000 - a 20.6% increase over the $282,000 median sale price for the same period of the previous year. There were 12 homes sold in Shorewood in October 2017.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.9% of the median home sale price for October 2018.

The following table compares Shorewood to other Milwaukee County cities with similar median sale prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
River Hills5425%$542,200$695,450-22%
Whitefish Bay4221100%$492,050$315,00056.2%
Fox Point1524-37.5%$400,000$327,50022.1%
Shorewood211275%$340,000$282,00020.6%
Bayside13862.5%$305,300$276,60010.4%
Oak Creek4757-17.5%$228,000$182,20025.1%
Franklin6585-23.5%$227,300$229,700-1%
Greendale322814.3%$223,500$227,150-1.6%
Wauwatosa88114-22.8%$217,000$228,750-5.1%
Hales Corners1129-62.1%$192,114$207,000-7.2%
Glendale453721.6%$180,000$174,9002.9%

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