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Friday, April 26, 2024

Buena Park home prices fall in the first quarter of 2018

Realestate077

The median sale price of a home sold in the first quarter of 2018 in Buena Park, a Chicago neighborhood, fell by $28,500 while total sales decreased by 8.3%, according to BlockShopper.com.

From January through March of 2018, there were 55 homes sold, with a median sale price of $206,000 - a 12.2% decrease over the $234,500 median sale price for the same period of the previous year. There were 60 homes sold in Buena Park in the first quarter of 2017.

The median sales tax in Buena Park for the most recent year with available data, 2017, was $2,777.70, approximately 1.3% of the median home sale price for the first quarter of 2018.

The following table compares Buena Park 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)
Archer Heights272035%$223,000$170,00031.2%
McKinley Park1622-27.3%$218,500$191,00014.4%
Forest Glen67-14.3%$218,500$120,00082.1%
Bronzeville81113-28.3%$215,000$183,50017.2%
Garfield Ridge988515.3%$210,000$193,0008.8%
Buena Park5560-8.3%$206,000$234,500-12.2%
Edgewater 1321273.9%$200,000$204,000-2%
Hyde Park454012.5%$198,000$155,50027.3%
Scottsdale39375.4%$192,500$165,00016.7%
Rogers Park89112-20.5%$190,000$167,25013.6%
Clearing4461-27.9%$187,500$190,000-1.3%

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