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Chicago City Wire

Tuesday, February 18, 2020

Rosemont home prices rise in the fourth quarter of 2018

Real Estate

By Local Labs News Service | Jan 14, 2019

Re 10

The median sale price of a home sold in the fourth quarter of 2018 in Rosemont rose by $131,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From October through December of 2018, there were seven homes sold, with a median sale price of $400,000 - a 48.7% increase over the $269,000 median sale price for the same period of the previous year. There were eight homes sold in Rosemont in the fourth quarter of 2017.

The median sales tax in Rosemont for the most recent year with available data, 2017, was $5,695.90, approximately 1.4% of the median home sale price for the fourth quarter of 2018.

The following table compares Rosemont to other Cook County cities with similar median sales prices in the fourth quarter of 2018:

City
Oct. - Dec. 2018 Home Sales
Oct. - Dec. 2017 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2018 Median Sales Price
Oct. - Dec. 2017 Median Sales Price
% change (Median Sales Price)
Glenview
144
198
-27.3%
$414,500
$405,000
2.3%
La Grange
26
58
-55.2%
$410,000
$387,250
5.9%
Park Ridge
81
157
-48.4%
$406,000
$380,000
6.8%
Riverside
24
41
-41.5%
$403,500
$350,000
15.3%
Western Springs
27
52
-48.1%
$401,000
$547,500
-26.8%
Rosemont
7
8
-12.5%
$400,000
$269,000
48.7%
Lincolnwood
28
44
-36.4%
$393,750
$368,000
7%
Barrington
12
37
-67.6%
$389,500
$360,000
8.2%
Fox Chase Estates
2
3
-33.3%
$374,500
$260,000
44%
Glenbrook Countryside
3
7
-57.1%
$350,000
$341,500
2.5%
Inverness
16
27
-40.7%
$347,000
$465,000
-25.4%

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