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Thursday, November 28, 2024

Inverness home prices rise in June 2019

Realestate4

The median sale price of a home sold in June 2019 in Inverness rose by $5,750 while total sales increased by 41.7%, according to BlockShopper.com.

In June 2019, there were 17 homes sold, with a median sale price of $520,000 - a 1.1% increase over the $514,250 median sale price for the same period of the previous year. There were 12 homes sold in Inverness in June 2018.

The median sales tax in Inverness for the most recent year with available data, 2018, was $13,791, approximately 2.7% of the median home sale price for June 2019.

The following table compares Inverness to other Cook County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Western Springs3035-14.3%$718,750$625,00015%
South Barrington10825%$697,500$692,0000.8%
La Grange3560-41.7%$620,000$412,50050.3%
Wilmette5067-25.4%$617,000$815,000-24.3%
Northfield141127.3%$532,000$477,50011.4%
Inverness171241.7%$520,000$514,2501.1%
Northbrook74697.2%$509,000$545,000-6.6%
Equestrian Estates13-66.7%$495,000$530,000-6.6%
River Forest2428-14.3%$462,500$479,500-3.5%
Barrington1315-13.3%$450,000$450,0000%
Park Ridge68663%$420,000$413,7501.5%

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