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Tuesday, November 5, 2024

Shorewood home prices rose in May 2018

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The median sale price of a home sold in May 2018 in Shorewood rose by $77,450 while total sales decreased by 20%, according to BlockShopper.com.

In May 2018, there were 12 homes sold, with a median sale price of $377,450 - a 25.8% increase over the $300,000 median sale price for the same period of the previous year. There were 15 homes sold in Shorewood in May 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 May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
River Hills21100%$398,600$145,000174.9%
Whitefish Bay3243-25.6%$393,200$332,00018.4%
Shorewood1215-20%$377,450$300,00025.8%
Bayside13130%$343,800$358,000-4%
Fox Point282227.3%$275,200$272,5001%
Greendale3839-2.6%$233,100$189,90022.7%
Franklin938114.8%$225,000$232,000-3%
Wauwatosa12210911.9%$220,000$215,0002.3%
Oak Creek5266-21.2%$217,050$216,0000.5%
Hales Corners19185.6%$202,000$212,950-5.1%
Glendale48472.1%$183,950$179,9002.3%

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