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Monday, November 25, 2024

Beverly home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Beverly, a Chicago neighborhood, fell by $33,000 while total sales decreased by 20%, according to BlockShopper.com.

In February 2017, there were 12 homes sold, with a median sale price of $222,000 - a 12.9% decrease over the $255,000 median sale price for the same period of the previous year. There were 15 homes sold in Beverly in February 2016.

The median sales tax in Beverly for 2017 was $4,830. In 2016, the median sales tax was $4,742. This marks an increase of 1.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Beverly to other Chicago neighborhood with similar median sales prices in February 2017:

NeighborhoodFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Edison Park10825%$236,500$241,000-1.9%
Boystown412564%$235,500$235,0000.2%
Jefferson Park221915.8%$232,500$215,0008.1%
Edgewater 3738-2.6%$232,000$226,5002.4%
Hyde Park921-57.1%$225,000$156,00044.2%
Beverly 1215-20%$222,000$255,000-12.9%
Morgan Park 916-43.8%$218,500$125,00074.8%
Heart of Chicago84100%$214,500$247,500-13.3%
West Rogers Park523262.5%$212,500$292,500-27.4%
Clearing1314-7.1%$209,000$159,25031.2%
Mount Greenwood1113-15.4%$207,000$230,000-10%

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