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Thursday, April 25, 2024

Streeterville home prices rise in the first quarter of 2018

Realestate2

The median sale price of a home sold in the first quarter of 2018 in Streeterville, a Chicago neighborhood, rose by $187,500 while total sales decreased by 21.2%, according to BlockShopper.com.

From January through March of 2018, there were 26 homes sold, with a median sale price of $481,500 - a 63.8% increase over the $294,000 median sale price for the same period of the previous year. There were 33 homes sold in Streeterville in the first quarter of 2017.

The median sales tax in Streeterville for the most recent year with available data, 2017, was $4,881.70, approximately 1% of the median home sale price for the first quarter of 2018.

The following table compares Streeterville to other Chicago neighborhood with similar median sales prices in the first quarter of 2018:

NeighborhoodJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Wicker Park4959-16.9%$565,000$530,0006.6%
Bucktown78101-22.8%$521,000$502,0003.8%
Noble Square3334-2.9%$510,000$532,500-4.2%
West Town6263-1.6%$492,500$477,0003.2%
West Lincolnwood 93200%$490,000$847,000-42.1%
Streeterville2633-21.2%$481,500$294,00063.8%
Edgebrook1824-25%$476,500$330,00044.4%
Lakeview 266285-6.7%$455,000$449,0001.3%
Goose Island2325-8%$442,500$432,5002.3%
River North6375-16%$417,000$350,00019.1%
Logan Square163226-27.9%$417,000$350,00019.1%

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