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Tuesday, November 5, 2024

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

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The median sale price of a home sold in July 2018 in Shorewood rose by $78,950 while total sales decreased by 20%, according to BlockShopper.com.

In July 2018, there were 12 homes sold, with a median sale price of $372,950 - a 26.9% increase over the $294,000 median sale price for the same period of the previous year. There were 15 homes sold in Shorewood in July 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 July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
River Hills39-66.7%$724,340$549,90031.7%
Shorewood1215-20%$372,950$294,00026.9%
Whitefish Bay4244-4.5%$372,100$355,4004.7%
Bayside221283.3%$309,400$379,605-18.5%
Wauwatosa138146-5.5%$259,000$235,45010%
Fox Point1820-10%$250,450$305,750-18.1%
Franklin94895.6%$241,250$240,0000.5%
Oak Creek5968-13.2%$238,000$214,97510.7%
Glendale3943-9.3%$202,465$190,5006.3%
Hales Corners21205%$200,000$212,600-5.9%
Greendale3142-26.2%$191,400$208,400-8.2%

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