In March 2018, there were six homes sold, with a median sale price of $344,500 - a 5.3% decrease over the $363,750 median sale price for the same period of the previous year. There were 12 homes sold in West Loop in March 2017.
The median sales tax in West Loop for the most recent year with available data, 2017, was $4,692, approximately 1.4% of the median home sale price for March 2018.
The following table compares West Loop to other Chicago neighborhood with similar median sales prices in March 2018:
Neighborhood | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Near West Side | 29 | 29 | 0% | $368,000 | $375,000 | -1.9% |
River West | 13 | 16 | -18.8% | $365,000 | $403,000 | -9.4% |
Bridgeport | 19 | 24 | -20.8% | $362,000 | $372,500 | -2.8% |
Edison Park | 15 | 7 | 114.3% | $355,000 | $310,000 | 14.5% |
University Village / Little Italy | 12 | 9 | 33.3% | $351,000 | $298,000 | 17.8% |
West Loop | 6 | 12 | -50% | $344,500 | $363,750 | -5.3% |
Ravenswood | 33 | 74 | -55.4% | $342,000 | $260,000 | 31.5% |
South Loop | 58 | 73 | -20.5% | $331,500 | $345,000 | -3.9% |
Boystown | 40 | 32 | 25% | $322,500 | $332,500 | -3% |
Montclare | 12 | 14 | -14.3% | $317,000 | $277,500 | 14.2% |
Gold Coast | 50 | 78 | -35.9% | $316,250 | $405,000 | -21.9% |