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Monday, November 4, 2024

River Hills median home prices fell by 28.1% in June 2017

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The median sale price of a home sold in June 2017 in River Hills fell by $196,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In June 2017, there were four homes sold, with a median sale price of $502,500 - a 28.1% decrease over the $699,000 median sale price for the same period of the previous year. There were seven homes sold in River Hills in June 2016.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 3.1% of the median home sale price for June 2017.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
River Hills47-42.9%$502,500$699,000-28.1%
Whitefish Bay4254-22.2%$385,000$348,35010.5%
Bayside18175.9%$335,600$290,00015.7%
Shorewood18175.9%$334,500$375,000-10.8%
Fox Point332157.1%$274,700$290,000-5.3%
Franklin103976.2%$249,000$220,00013.2%
Wauwatosa14112810.2%$235,000$218,2007.7%
Hales Corners251392.3%$232,000$230,0000.9%
Oak Creek927719.5%$216,450$194,50011.3%
Greendale343013.3%$215,075$210,0002.4%
Glendale575014%$184,900$176,9004.5%

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