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Tuesday, November 5, 2024

Rising home prices in River Hills in February 2018

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The median sale price of a home sold in February 2018 in River Hills rose by $386,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In February 2018, there were four homes sold, with a median sale price of $805,000 - a 92.1% increase over the $419,000 median sale price for the same period of the previous year. There were six homes sold in River Hills in February 2017.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 1.9% of the median home sale price for February 2018.

The following table compares River Hills 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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