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Thursday, April 25, 2024

Broadview home prices rise in the first quarter of 2018

Realestate3

The median sale price of a home sold in the first quarter of 2018 in Broadview rose by $32,000 while total sales decreased by 46.4%, according to BlockShopper.com.

From January through March of 2018, there were 15 homes sold, with a median sale price of $177,000 - a 22.1% increase over the $145,000 median sale price for the same period of the previous year. There were 28 homes sold in Broadview in the first quarter of 2017.

The median sales tax in Broadview for the most recent year with available data, 2017, was $3,806.90, approximately 2.2% of the median home sale price for the first quarter of 2018.

The following table compares Broadview 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)
Buffalo Grove5179-35.4%$180,000$193,000-6.7%
Stickney211816.7%$180,000$173,7503.6%
Berkeley916-43.8%$179,000$149,50019.7%
Schiller Park2832-12.5%$177,500$195,500-9.2%
Bridgeview2643-39.5%$177,500$173,0002.6%
Broadview1528-46.4%$177,000$145,00022.1%
Tinley Park1981923.1%$176,500$168,5004.7%
Melrose Park5074-32.4%$176,500$169,5004.1%
Lyons3142-26.2%$175,000$131,25033.3%
Hanover Park4961-19.7%$175,000$168,0004.2%
River Grove2736-25%$170,000$176,500-3.7%

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