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Saturday, April 20, 2024

Edgebrook home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Edgebrook, a Chicago neighborhood, fell by $1,750 while total sales increased by 8.1%, according to BlockShopper.com.

From April through June of 2018, there were 40 homes sold, with a median sale price of $485,250 - a 0.4% decrease over the $487,000 median sale price for the same period of the previous year. There were 37 homes sold in Edgebrook in the second quarter of 2017.

The median sales tax in Edgebrook for the most recent year with available data, 2017, was $7,468.70, approximately 1.5% of the median home sale price for the second quarter of 2018.

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

NeighborhoodApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Bucktown163170-4.1%$575,000$502,50014.4%
Roscoe Village 6873-6.8%$567,500$692,000-18%
Lincoln Square292138.1%$535,000$490,0009.2%
Wicker Park6278-20.5%$520,000$617,000-15.7%
Noble Square5458-6.9%$506,500$497,5001.8%
Edgebrook40378.1%$485,250$487,000-0.4%
West Town125150-16.7%$482,000$467,5003.1%
Andersonville 6067-10.4%$477,250$397,50020.1%
Sauganash3740-7.5%$462,500$402,50014.9%
River West423810.5%$454,500$450,0001%
Goose Island2948-39.6%$444,000$428,7503.6%

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