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Sunday, May 5, 2024

How did home prices perform in Burr Ridge (Cook County) during the third quarter of 2021?

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The median sale price of a home sold in the third quarter of 2021 in Burr Ridge in Cook County fell by $43,500 while total sales increased by 72.7%, according to BlockShopper.com.

From July through September of 2021, there were 38 homes sold, with a median sale price of $577,500 - a 7% decrease over the $621,000 median sale price for the same period of the previous year. There were 22 homes sold in Burr Ridge in the third quarter of 2020.

The median sales tax in Burr Ridge for the most recent year with available data, 2019, was $9,396, approximately 1.6% of the median home sale price for the third quarter of 2021.

The following table compares Burr Ridge to other Cook County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Wilmette24792168.5%$765,000$641,50019.3%
Equestrian Estates330%$750,000$615,00022%
Hinsdale231291.7%$750,000$792,500-5.4%
Southmoor30-$685,000$0-
Western Springs1056269.4%$610,000$558,7509.2%
Burr Ridge382272.7%$577,500$621,000-7%
Inverness532796.3%$539,000$450,00019.8%
Glenview397158151.3%$525,000$439,25019.5%
Northbrook291109167%$520,000$435,00019.5%
Riverside5927118.5%$520,000$390,00033.3%
River Forest9833197%$490,000$527,000-7%
* This story only considers sales data for the part of Burr Ridge that is in Cook County.

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