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Tuesday, November 5, 2024

What happened to the median home price in Fox Point during February 2018?

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The median sale price of a home sold in February 2018 in Fox Point rose by $29,900 while total sales decreased by 54.5%, according to BlockShopper.com.

In February 2018, there were five homes sold, with a median sale price of $240,000 - a 14.2% increase over the $210,100 median sale price for the same period of the previous year. There were 11 homes sold in Fox Point in February 2017.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 3.4% of the median home sale price for February 2018.

The following table compares Fox Point to other Milwaukee County cities with similar median sale prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
River Hills46-33.3%$805,000$419,00092.1%
Shorewood39-66.7%$288,200$300,000-3.9%
Whitefish Bay231643.8%$287,400$381,000-24.6%
Bayside711-36.4%$255,000$240,9005.9%
Fox Point511-54.5%$240,000$210,10014.2%
Hales Corners78-12.5%$231,000$215,0007.4%
Franklin523836.8%$221,083$227,950-3%
Oak Creek494411.4%$201,100$192,3504.5%
Glendale2930-3.3%$198,000$180,3509.8%
Wauwatosa74705.7%$190,000$185,4502.5%
Greendale2022-9.1%$178,050$163,8758.6%

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