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Wednesday, November 27, 2024

Mount Prospect home prices fall in June 2019

Re 9

The median sale price of a home sold in June 2019 in Mount Prospect fell by $15,000 while total sales increased by 1%, according to BlockShopper.com.

In June 2019, there were 98 homes sold, with a median sale price of $300,000 - a 4.8% decrease over the $315,000 median sale price for the same period of the previous year. There were 97 homes sold in Mount Prospect in June 2018.

The median sales tax in Mount Prospect for the most recent year with available data, 2018, was $6,765, approximately 2.3% of the median home sale price for June 2019.

The following table compares Mount Prospect 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)
Broadview1012-16.7%$322,500$180,50078.7%
Arlington Heights141161-12.4%$315,000$321,000-1.9%
Palos Park2125-16%$310,000$292,5006%
Skokie8899-11.1%$307,500$321,000-4.2%
Morton Grove3942-7.1%$301,000$304,000-1%
Mount Prospect98971%$300,000$315,000-4.8%
Harwood Heights819-57.9%$288,500$262,00010.1%
Brookfield3641-12.2%$276,000$237,50016.2%
Palatine134229-41.5%$271,250$288,000-5.8%
Flossmoor1927-29.6%$270,000$204,50032%
Niles3649-26.5%$267,250$299,000-10.6%

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