Quantcast

Chicago City Wire

Tuesday, April 16, 2024

Mayfair home prices rise in April 2018

Realestate3

The median sale price of a home sold in April 2018 in Mayfair, a Chicago neighborhood, rose by $161,250 while total sales decreased by 40%, according to BlockShopper.com.

In April 2018, there were six homes sold, with a median sale price of $441,250 - a 57.6% increase over the $280,000 median sale price for the same period of the previous year. There were 10 homes sold in Mayfair in April 2017.

The median sales tax in Mayfair for the most recent year with available data, 2017, was $5,135, approximately 1.2% of the median home sale price for April 2018.

The following table compares Mayfair to other Chicago neighborhood with similar median sales prices in April 2018:

NeighborhoodApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Noble Square13128.3%$520,000$411,50026.4%
West Town3442-19%$495,500$485,0002.2%
Irving Park 2731-12.9%$490,000$300,00063.3%
Wrigleyville2526-3.8%$445,000$481,500-7.6%
Tri-Taylor13-66.7%$445,000$375,00018.7%
Mayfair610-40%$441,250$280,00057.6%
Logan Square947820.5%$431,500$390,00010.6%
River North322152.4%$422,250$390,0008.3%
Streeterville11837.5%$406,000$612,500-33.7%
Sauganash147100%$401,500$405,000-0.9%
Avondale252119%$395,000$425,000-7.1%

MORE NEWS