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Friday, April 19, 2024

Streeterville home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Streeterville, a Chicago neighborhood, fell by $211,500 while total sales decreased by 40%, according to BlockShopper.com.

In December 2018, there were six homes sold, with a median sale price of $251,500 - a 45.7% decrease over the $463,000 median sale price for the same period of the previous year. There were 10 homes sold in Streeterville in December 2017.

The median sales tax in Streeterville for the most recent year with available data, 2017, was $4,882, approximately 1.9% of the median home sale price for December 2018.

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

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
West Rogers Park4480-45%$266,250$235,00013.3%
Mount Greenwood221729.4%$261,500$264,000-0.9%
Belmont/Cragin2633-21.2%$261,000$265,000-1.5%
Oriole Park9650%$258,000$205,50025.5%
Galewood111010%$257,500$268,250-4%
Streeterville610-40%$251,500$463,000-45.7%
Wrigleyville3437-8.1%$250,000$239,5004.4%
McKinley Park114175%$250,000$200,25024.8%
O'Hare9728.6%$246,000$174,00041.4%
Dunning57529.6%$246,000$252,500-2.6%
North Mayfair56-16.7%$241,500$166,75044.8%

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