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Friday, April 19, 2024

Berwyn home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Berwyn fell by $3,000 while total sales decreased by 11.7%, according to BlockShopper.com.

From January through March of 2018, there were 158 homes sold, with a median sale price of $200,000 - a 1.5% decrease over the $203,000 median sale price for the same period of the previous year. There were 179 homes sold in Berwyn in the first quarter of 2017.

The median sales tax in Berwyn for the most recent year with available data, 2017, was $5,671.70, approximately 2.8% of the median home sale price for the first quarter of 2018.

The following table compares Berwyn to other Cook County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Bedford Park12-50%$210,000$207,5001.2%
Indian Head Park201717.6%$205,000$222,500-7.9%
Hodgkins30-$203,500$0-
Des Plaines221242-8.7%$203,000$192,2505.6%
Justice281675%$201,250$149,25034.8%
Berwyn158179-11.7%$200,000$203,000-1.5%
Roselle12850%$199,000$159,00025.2%
Southmoor10-$199,000$0-
Franklin Park4559-23.7%$196,000$150,00030.7%
Flossmoor3657-36.8%$195,000$205,000-4.9%
Orland Hills1323-43.5%$192,000$179,0007.3%

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