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Saturday, April 20, 2024

Park Ridge home prices fall in April 2019

Re 12

The median sale price of a home sold in April 2019 in Park Ridge fell by $5,000 while total sales decreased by 3.1%, according to BlockShopper.com.

In April 2019, there were 62 homes sold, with a median sale price of $427,500 - a 1.2% decrease over the $432,500 median sale price for the same period of the previous year. There were 64 homes sold in Park Ridge in April 2018.

The median sales tax in Park Ridge for the most recent year with available data, 2017, was $8,189, approximately 1.9% of the median home sale price for April 2019.

The following table compares Park Ridge to other Cook County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Northbrook4245-6.7%$512,000$410,00024.9%
Glenbrook Countryside110%$482,500$299,00061.4%
Equestrian Estates10-$450,000$0-
Barrington10911.1%$438,000$380,00015.3%
Hinsdale37-57.1%$437,000$920,000-52.5%
Park Ridge6264-3.1%$427,500$432,500-1.2%
Lincolnwood151136.4%$400,000$370,0008.1%
La Grange312334.8%$400,000$410,000-2.4%
Lemont282040%$388,750$382,2501.7%
Northfield111010%$380,000$422,500-10.1%
Oak Park78771.3%$375,500$365,0002.9%

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