Kirtland home prices fall 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 Kirtland fell by $18,500 while total sales decreased by 31.8%, according to BlockShopper.com.

From April through June of 2020, there were 15 homes sold, with a median sale price of $205,000 - a 8.3% decrease over the $223,500 median sale price for the same period of the previous year. There were 22 homes sold in Kirtland in the second quarter of 2019.

The median sales tax in Kirtland for the most recent year with available data, 2015, was $7,619, approximately 3.7% of the median home sale price for the second quarter of 2020.

The following table compares Kirtland to other Lake 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)
Kirtland Hills220%$737,500$286,000157.9%
Willoughby Hills2134-38.2%$225,000$218,5003%
Kirtland1522-31.8%$205,000$223,500-8.3%
Perry911-18.2%$199,000$169,00017.8%
North Perry15150%$199,000$170,00017.1%
Mentor214265-19.2%$184,950$160,00015.6%
Grand River24-50%$176,250$168,1764.8%
Painesville178220-19.1%$167,500$145,75014.9%
Willoughby93921.1%$158,000$149,998.505.3%
Madison3344-25%$155,000$151,4502.3%
Mentor-on-the-Lake373312.1%$145,500$134,0008.6%

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