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Friday, April 26, 2024

Berkeley home prices rise in the second half of 2019

Realestate077

The median sale price of a home sold in the second half of 2019 in Berkeley rose by $11,750 while total sales increased by 9.4%, according to BlockShopper.com.

From July through December of 2019, there were 35 homes sold, with a median sale price of $215,000 - a 5.8% increase over the $203,250 median sale price for the same period of the previous year. There were 32 homes sold in Berkeley in the second half of 2018.

The median sales tax in Berkeley for the most recent year with available data, 2018, was $4,698, approximately 2.2% of the median home sale price for the second half of 2019.

The following table compares Berkeley to other Cook County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Roselle3543-18.6%$225,000$227,000-0.9%
Buffalo Grove1531409.3%$220,000$207,5006%
Elmhurst31200%$219,000$188,00016.5%
Melrose Park111156-28.8%$219,000$192,75013.6%
Stone Park1020-50%$217,500$137,25058.5%
Berkeley35329.4%$215,000$203,2505.8%
Hickory Hills8490-6.7%$210,500$225,000-6.4%
Franklin Park138142-2.8%$210,000$198,7505.7%
Orland Hills4657-19.3%$210,000$189,00011.1%
Northlake7283-13.3%$209,500$180,00016.4%
Justice71676%$208,000$187,00011.2%

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