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Wednesday, November 27, 2024

Northbrook home prices fall in June 2019

Re 14

The median sale price of a home sold in June 2019 in Northbrook fell by $36,000 while total sales increased by 7.2%, according to BlockShopper.com.

In June 2019, there were 74 homes sold, with a median sale price of $509,000 - a 6.6% decrease over the $545,000 median sale price for the same period of the previous year. There were 69 homes sold in Northbrook in June 2018.

The median sales tax in Northbrook for the most recent year with available data, 2018, was $10,119, approximately 2% of the median home sale price for June 2019.

The following table compares Northbrook 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)
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%
Glenview101106-4.7%$417,000$413,0001%

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