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Tuesday, November 26, 2024

What happened to the median home price in Shorewood Hills during October 2021?

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Adobe Stock

Adobe Stock

The median sale price of a home sold in October 2021 in Shorewood Hills fell by $718,500 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In October 2021, there were six homes sold, with a median sale price of $587,500 - a 55% decrease over the $1,306,000 median sale price for the same period of the previous year. There were six homes sold in Shorewood Hills in October 2020, as well.

The median sales tax in Shorewood Hills for the most recent year with available data, 2020, was $12,309, approximately 2.1% of the median home sale price for October 2021.

The following table compares Shorewood Hills to other Dane County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Maple Bluff37-57.1%$675,000$474,70042.2%
Shorewood Hills660%$587,500$1,306,000-55%
Windsor1522-31.8%$389,900$332,50017.3%
Fitchburg6067-10.4%$385,500$360,0007.1%
Cross Plains9650%$380,000$229,50065.6%
Waunakee3743-14%$375,000$400,000-6.3%
Blue Mounds220%$373,500$232,40060.7%
Middleton4650-8%$347,750$356,500-2.5%
Oregon4046-13%$337,500$242,10039.4%
Verona1840-55%$327,750$322,4501.6%
Mount Horeb1423-39.1%$319,900$296,5007.9%

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