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Saturday, December 28, 2024

What happened to the median home price in Shorewood during August 2018?

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The median sale price of a home sold in August 2018 in Shorewood rose by $63,500 while total sales decreased by 29.6%, according to BlockShopper.com.

In August 2018, there were 19 homes sold, with a median sale price of $373,800 - a 20.5% increase over the $310,300 median sale price for the same period of the previous year. There were 27 homes sold in Shorewood in August 2017.

The median sales tax in Shorewood for the most recent year with available data, 2017, was $9,693, approximately 2.6% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
River Hills42100%$624,950$518,50020.5%
Whitefish Bay575014%$380,000$375,4001.2%
Shorewood1927-29.6%$373,800$310,30020.5%
Fox Point2332-28.1%$315,000$291,2508.2%
Bayside211910.5%$272,500$315,000-13.5%
Franklin1098922.5%$263,000$210,00025.2%
Wauwatosa16411641.4%$237,000$218,5008.5%
Oak Creek785639.3%$220,000$188,45016.7%
Greendale513070%$218,000$210,0003.8%
Hales Corners1620-20%$209,500$220,000-4.8%
Glendale5153-3.8%$192,000$176,8008.6%

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