Brooklyn home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Brooklyn rose by $16,500 while total sales decreased by 6.7%, according to

From April through June of 2020, there were 42 homes sold, with a median sale price of $124,000 - a 15.3% increase over the $107,500 median sale price for the same period of the previous year. There were 45 homes sold in Brooklyn in the second quarter of 2019.

The median sales tax in Brooklyn for the most recent year with available data, 2019, was $3,031, approximately 2.4% of the median home sale price for the second quarter of 2020.

The following table compares Brooklyn to other Cuyahoga County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Parma Heights6183-26.5%$139,900$123,50013.3%
Brook Park8289-7.9%$139,500$135,0003.3%
Richmond Heights3252-38.5%$136,250$159,900-14.8%
Cleveland Heights229315-27.3%$132,000$122,4007.8%
South Euclid123157-21.7%$115,000$95,90019.9%
Highland Hills110%$110,000$121,500-9.5%
Bedford Heights2631-16.1%$90,000$120,000-25%
North Randall110%$84,000$35,000140%
Valley View330%$81,961$193,000-57.5%

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