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West Cook News

Wednesday, November 27, 2024

Western Springs home prices fall in July 2019

Realestate077

The median sale price of a home sold in July 2019 in Western Springs fell by $170,000 while total sales increased by 51.9%, according to BlockShopper.com.

In July 2019, there were 41 homes sold, with a median sale price of $535,000 - a 24.1% decrease over the $705,000 median sale price for the same period of the previous year. There were 27 homes sold in Western Springs in July 2018.

The median sales tax in Western Springs for the most recent year with available data, 2018, was $10,231, approximately 1.9% of the median home sale price for July 2019.

The following table compares Western Springs to other Cook County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Golf30-$800,000$0-
Wilmette55533.8%$755,000$650,00016.2%
Hinsdale440%$711,250$1,087,000-34.6%
South Barrington8560%$695,000$1,062,500-34.6%
Inverness131030%$545,000$505,2507.9%
Western Springs412751.9%$535,000$705,000-24.1%
Burr Ridge9650%$511,500$502,5001.8%
Northbrook7294-23.4%$488,500$507,500-3.7%
La Grange3334-2.9%$475,000$471,5000.7%
Glenview90104-13.5%$462,000$420,5009.9%
Equestrian Estates10-$444,000$0-

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