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Tuesday, November 5, 2024

What happened to the median home price in Shorewood Hills during September 2018?

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The median sale price of a home sold in September 2018 in Shorewood Hills fell by $315,250 while total sales increased by 25%, according to BlockShopper.com.

In September 2018, there were five homes sold, with a median sale price of $325,000 - a 49.2% decrease over the $640,250 median sale price for the same period of the previous year. There were four homes sold in Shorewood Hills in September 2017.

The median sales tax in Shorewood Hills for 2018 was $11,449. In 2017, the median sales tax was $11,775. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares Shorewood Hills to other Dane County cities with similar median sale prices in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Maple Bluff62200%$393,750$412,875-4.6%
Waunakee3244-27.3%$371,600$278,25033.5%
Middleton3738-2.6%$335,000$261,50028.1%
Shorewood Hills5425%$325,000$640,250-49.2%
Verona3349-32.7%$323,400$225,00043.7%
Mount Horeb19190%$291,500$187,50055.5%
Brooklyn13-66.7%$283,000$207,00036.7%
McFarland21205%$280,000$267,6504.6%
Dane4333.3%$276,602.50$339,900-18.6%
Oregon2729-6.9%$274,400$233,10017.7%
Fitchburg5356-5.4%$268,000$274,000-2.2%

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