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Monday, November 25, 2024

Westchester home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Westchester rose by $2,500 while total sales decreased by 73%, according to BlockShopper.com.

In October 2018, there were 10 homes sold, with a median sale price of $239,500 - a 1.1% increase over the $237,000 median sale price for the same period of the previous year. There were 37 homes sold in Westchester in October 2017.

The median sales tax in Westchester for the most recent year with available data, 2017, was $4,915, approximately 2.1% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
La Grange Park515-66.7%$250,000$365,000-31.5%
Skokie3370-52.9%$250,000$311,500-19.7%
Broadview312-75%$249,000$160,50055.1%
Lyons516-68.8%$249,000$156,00059.6%
Hoffman Estates3166-53%$240,000$247,500-3%
Westchester1037-73%$239,500$237,0001.1%
Des Plaines52102-49%$236,500$221,5006.8%
Berwyn2966-56.1%$235,000$206,00014.1%
Norridge418-77.8%$230,250$285,000-19.2%
Brookfield19190%$230,000$254,000-9.4%
Stone Park10-$225,000$0-

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