From July through September of 2017, there were 273 homes sold, with a median sale price of $350,000 - a 16.5% decrease over the $419,000 median sale price for the same period of the previous year. There were 295 homes sold in Gold Coast in the third quarter of 2016.
The median sales tax in Gold Coast for 2017 was $5,649.75. In 2016, the median sales tax was $5,327.90. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Gold Coast to other Chicago neighborhood with similar median sales prices in the third quarter of 2017: