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Thursday, April 18, 2024

Broadview home prices rise in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in Broadview rose by $16,500 while total sales increased by 8%, according to BlockShopper.com.

From April through June of 2019, there were 27 homes sold, with a median sale price of $197,000 - a 9.1% increase over the $180,500 median sale price for the same period of the previous year. There were 25 homes sold in Broadview in the second quarter of 2018.

The median sales tax in Broadview for the most recent year with available data, 2018, was $3,778, approximately 1.9% of the median home sale price for the second quarter of 2019.

The following table compares Broadview 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)
Franklin Park776028.3%$201,000$210,750-4.6%
Streamwood228247-7.7%$201,000$190,5005.5%
Forest View660%$200,000$207,107-3.4%
Olympia Fields4020100%$200,000$205,000-2.4%
Elmhurst10-$200,000$0-
Broadview27258%$197,000$180,5009.1%
Cicero118142-16.9%$195,250$169,00015.5%
Bridgeview493732.4%$195,000$178,0009.6%
Oak Forest154155-0.6%$195,000$187,0004.3%
Hanover Park5972-18.1%$194,000$217,500-10.8%
Palos Hills78103-24.3%$192,000$165,00016.4%

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