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Monday, November 25, 2024

South Barrington home prices rise in May 2019

Realestate3

The median sale price of a home sold in May 2019 in South Barrington rose by $167,500 while total sales decreased by 20%, according to BlockShopper.com.

In May 2019, there were four homes sold, with a median sale price of $817,500 - a 25.8% increase over the $650,000 median sale price for the same period of the previous year. There were five homes sold in South Barrington in May 2018.

The median sales tax in South Barrington for the most recent year with available data, 2018, was $16,507, approximately 2% of the median home sale price for May 2019.

The following table compares South Barrington to other Cook County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Winnetka1330-56.7%$1,450,000$1,052,50037.8%
Kenilworth18-87.5%$1,240,000$967,50028.2%
Golf20-$1,127,500$0-
Hinsdale28-75%$912,500$683,75033.5%
Northbrook West12-50%$880,000$385,000128.6%
South Barrington45-20%$817,500$650,00025.8%
Glencoe151225%$692,000$1,268,750-45.5%
Wilmette5156-8.9%$650,000$787,750-17.5%
Western Springs312524%$626,500$527,50018.8%
River Forest1327-51.9%$539,000$600,000-10.2%
Inverness1113-15.4%$505,000$523,000-3.4%

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