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Tuesday, November 26, 2024

South Barrington home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in South Barrington rose by $36,500 while total sales decreased by 25%, according to BlockShopper.com.

From July through September of 2018, there were 15 homes sold, with a median sale price of $810,000 - a 4.7% increase over the $773,500 median sale price for the same period of the previous year. There were 20 homes sold in South Barrington in the third quarter of 2017.

The median sales tax in South Barrington for the most recent year with available data, 2017, was $16,687.20, approximately 2.1% of the median home sale price for the third quarter of 2018.

The following table compares South Barrington to other Cook County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Golf110%$1,399,000$812,50072.2%
Hinsdale1316-18.8%$1,175,000$897,50030.9%
Barrington Hills880%$1,072,500$940,00014.1%
Winnetka7888-11.4%$1,037,500$1,053,750-1.5%
South Barrington1520-25%$810,000$773,5004.7%
Kenilworth1219-36.8%$809,500$1,235,000-34.5%
Glencoe645320.8%$757,000$866,000-12.6%
Equestrian Woods10-$705,000$0-
Wilmette125150-16.7%$650,000$602,5007.9%
Western Springs6470-8.6%$590,000$607,500-2.9%
Northfield3340-17.5%$572,500$535,0007%

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