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Tuesday, November 26, 2024

Glenview home prices fall in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Glenview fell by $7,000 while total sales decreased by 8.7%, according to BlockShopper.com.

From January through March of 2017, there were 158 homes sold, with a median sale price of $375,500 - a 1.8% decrease over the $382,500 median sale price for the same period of the previous year. There were 173 homes sold in Glenview in the first quarter of 2016.

The median sales tax in Glenview for 2017 was $7,985.80. In 2016, the median sales tax was $7,785.40. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Glenview to other Cook County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Western Springs3947-17%$452,000$546,000-17.2%
Northbrook13912313%$447,500$450,500-0.7%
Deercrest Estates25-60%$422,500$355,00019%
Northfield221822.2%$406,000$460,000-11.7%
Barrington2831-9.7%$402,500$308,00030.7%
Glenview158173-8.7%$375,500$382,500-1.8%
Golf10-$375,000$0-
Riverside362356.5%$370,000$235,00057.4%
Park Ridge118127-7.1%$367,250$365,0000.6%
Lincolnwood453625%$365,000$362,7500.6%
River Forest463821.1%$365,000$324,25012.6%

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