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Tuesday, November 5, 2024

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

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The median sale price of a home sold in January 2018 in Fox Point fell by $11,350 while total sales increased by 45.5%, according to BlockShopper.com.

In January 2018, there were 16 homes sold, with a median sale price of $324,750 - a 3.4% decrease over the $336,100 median sale price for the same period of the previous year. There were 11 homes sold in Fox Point in January 2017.

The median sales tax in Fox Point for the most recent year with available data, 2017, was $8,045, approximately 2.5% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
River Hills5425%$517,000$571,000-9.5%
Bayside11110%$415,000$289,00043.6%
Whitefish Bay2936-19.4%$380,300$323,00017.7%
Fox Point161145.5%$324,750$336,100-3.4%
Shorewood610-40%$293,700$347,475-15.5%
Franklin5562-11.3%$213,500$250,350-14.7%
Greendale2126-19.2%$197,900$180,2509.8%
Oak Creek423520%$193,900$190,7001.7%
Wauwatosa7092-23.9%$188,350$190,000-0.9%
Glendale3233-3%$180,450$140,00028.9%
Hales Corners610-40%$154,200$219,500-29.7%

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