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Thursday, December 26, 2024

What happened to the median home price in River Hills during November 2017?

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The median sale price of a home sold in November 2017 in River Hills fell by $41,000 while total sales increased by 66.7%, according to BlockShopper.com.

In November 2017, there were five homes sold, with a median sale price of $579,000 - a 6.6% decrease over the $620,000 median sale price for the same period of the previous year. There were three homes sold in River Hills in November 2016.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.7% of the median home sale price for November 2017.

The following table compares River Hills to other Milwaukee County cities with similar median sale prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
River Hills5366.7%$579,000$620,000-6.6%
Whitefish Bay3342-21.4%$344,000$357,500-3.8%
Bayside411-63.6%$314,450$300,0004.8%
Shorewood1113-15.4%$280,000$290,000-3.4%
Fox Point231735.3%$275,000$354,700-22.5%
Franklin7079-11.4%$240,000$230,7004%
Oak Creek5862-6.5%$221,500$176,40025.6%
Greendale2732-15.6%$220,000$200,9509.5%
Wauwatosa99107-7.5%$217,000$214,0001.4%
Hales Corners241650%$187,000$171,0009.4%
Glendale4045-11.1%$177,900$192,000-7.3%

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