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Chicago City Wire

Wednesday, February 26, 2020

Edgebrook home prices fall in the second quarter of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Re 1

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:

Neighborhood
Apr. - June 2018 Home Sales
Apr. - June 2017 Home Sales
% change (Total Home Sales)
Apr. - June 2018 Median Sales Price
Apr. - June 2017 Median Sales Price
% change (Median Sales Price)
Bucktown
163
170
-4.1%
$575,000
$502,500
14.4%
Roscoe Village
68
73
-6.8%
$567,500
$692,000
-18%
Lincoln Square
29
21
38.1%
$535,000
$490,000
9.2%
Wicker Park
62
78
-20.5%
$520,000
$617,000
-15.7%
Noble Square
54
58
-6.9%
$506,500
$497,500
1.8%
Edgebrook
40
37
8.1%
$485,250
$487,000
-0.4%
West Town
125
150
-16.7%
$482,000
$467,500
3.1%
Andersonville
60
67
-10.4%
$477,250
$397,500
20.1%
Sauganash
37
40
-7.5%
$462,500
$402,500
14.9%
River West
42
38
10.5%
$454,500
$450,000
1%
Goose Island
29
48
-39.6%
$444,000
$428,750
3.6%

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