Quantcast

North Cook News

Thursday, November 28, 2024

Northbrook home prices rise in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in Northbrook rose by $25,000 while total sales increased by 8.9%, according to BlockShopper.com.

From April through June of 2019, there were 184 homes sold, with a median sale price of $475,000 - a 5.6% increase over the $450,000 median sale price for the same period of the previous year. There were 169 homes sold in Northbrook in the second quarter of 2018.

The median sales tax in Northbrook for the most recent year with available data, 2018, was $10,119, approximately 2.1% of the median home sale price for the second quarter of 2019.

The following table compares Northbrook to other Cook County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
South Barrington1519-21.1%$705,000$650,0008.5%
Western Springs6984-17.9%$645,000$569,50013.3%
Wilmette150165-9.1%$621,500$750,000-17.1%
Inverness3642-14.3%$520,000$512,2501.5%
Glenbrook Countryside13-66.7%$482,500$935,000-48.4%
Northbrook1841698.9%$475,000$450,0005.6%
Equestrian Estates25-60%$472,500$477,500-1%
Burr Ridge20200%$457,500$460,000-0.5%
Northfield403225%$447,500$483,750-7.5%
Barrington2933-12.1%$441,000$398,00010.8%
River Forest5278-33.3%$436,000$510,000-14.5%

MORE NEWS