In August 2018, there were four homes sold, with a median sale price of $366,500 - a 24.4% increase over the $294,500 median sale price for the same period of the previous year. There were 14 homes sold in Mayfair in August 2017.
The median sales tax in Mayfair for the most recent year with available data, 2017, was $5,135, approximately 1.4% of the median home sale price for August 2018.
The following table compares Mayfair to other Chicago neighborhood with similar median sales prices in August 2018:
| Neighborhood | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Logan Square | 94 | 105 | -10.5% | $408,500 | $401,500 | 1.7% |
| Near North | 38 | 49 | -22.4% | $402,500 | $330,000 | 22% |
| Irving Park | 33 | 49 | -32.7% | $390,000 | $360,500 | 8.2% |
| Bridgeport | 30 | 34 | -11.8% | $382,000 | $352,750 | 8.3% |
| Greektown | 3 | 1 | 200% | $379,000 | $393,500 | -3.7% |
| Mayfair | 4 | 14 | -71.4% | $366,500 | $294,500 | 24.4% |
| Goose Island | 10 | 15 | -33.3% | $363,250 | $395,000 | -8% |
| Edison Park | 24 | 20 | 20% | $362,500 | $317,500 | 14.2% |
| River North | 36 | 36 | 0% | $362,250 | $350,000 | 3.5% |
| Near West Side | 42 | 42 | 0% | $339,500 | $440,500 | -22.9% |
| Big Oaks | 9 | 7 | 28.6% | $337,500 | $262,500 | 28.6% |
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