Quantcast

North Cook News

Saturday, April 20, 2024

Northbrook home prices fall in May 2017

Re 9

The median sale price of a home sold in May 2017 in Northbrook fell by $1,000 while total sales increased by 13.3%, according to BlockShopper.com.

In May 2017, there were 68 homes sold, with a median sale price of $479,000 - a 0.2% decrease over the $480,000 median sale price for the same period of the previous year. There were 60 homes sold in Northbrook in May 2016.

The median sales tax in Northbrook for 2017 was $10,001. In 2016, the median sales tax was $9,684. This marks an increase of 3.3%. 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 Northbrook to other Cook County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Hinsdale5366.7%$555,000$421,00031.8%
La Grange312240.9%$539,000$450,75019.6%
River Forest252119%$503,000$200,000151.5%
Glenbrook Countryside23-33.3%$500,000$380,00031.6%
Northfield1015-33.3%$491,500$580,500-15.3%
Northbrook686013.3%$479,000$480,000-0.2%
Inverness10825%$475,000$774,500-38.7%
Glenview1118038.8%$422,500$412,5002.4%
Barrington12933.3%$417,500$310,00034.7%
Park Ridge64598.5%$412,500$350,00017.9%
Riverside1419-26.3%$404,500$310,00030.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS