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Saturday, November 2, 2024

Berwyn home prices fall in January 2018

Re 8

The median sale price of a home sold in January 2018 in Berwyn fell by $9,500 while total sales decreased by 21.7%, according to BlockShopper.com.

In January 2018, there were 47 homes sold, with a median sale price of $180,000 - a 5% decrease over the $189,500 median sale price for the same period of the previous year. There were 60 homes sold in Berwyn in January 2017.

The median sales tax in Berwyn for the most recent year with available data, 2017, was $5,672, approximately 3.2% of the median home sale price for January 2018.

The following table compares Berwyn to other Cook County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Streamwood57553.6%$187,000$170,00010%
Bartlett1824-25%$183,000$225,250-18.8%
Hodgkins20-$181,750$0-
Schaumburg88100-12%$180,500$176,7502.1%
Tinley Park72669.1%$180,500$160,50012.5%
Berwyn4760-21.7%$180,000$189,500-5%
Chicago Ridge921-57.1%$180,000$128,00040.6%
Mission Hills Estates330%$175,000$209,000-16.3%
Roselle62200%$174,750$206,250-15.3%
Willow Springs10911.1%$174,250$328,000-46.9%
Summit69-33.3%$172,000$138,00024.6%

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