In June 2019, there were 14 homes sold, with a median sale price of $352,000 - a 42.5% increase over the $247,000 median sale price for the same period of the previous year. There were nine homes sold in Mayfair in June 2018.
The median sales tax in Mayfair for the most recent year with available data, 2018, was $5,518, approximately 1.6% of the median home sale price for June 2019.
The following table compares Mayfair to other Chicago neighborhood with similar median sales prices in June 2019:
Neighborhood | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Park | 26 | 21 | 23.8% | $377,500 | $355,000 | 6.3% |
Near North | 41 | 50 | -18% | $375,000 | $351,250 | 6.8% |
Near West Side | 34 | 40 | -15% | $367,500 | $445,000 | -17.4% |
Ravenswood | 32 | 51 | -37.3% | $365,000 | $385,000 | -5.2% |
Bridgeport | 34 | 35 | -2.9% | $358,000 | $353,000 | 1.4% |
Mayfair | 14 | 9 | 55.6% | $352,000 | $247,000 | 42.5% |
Humboldt Park | 50 | 54 | -7.4% | $342,000 | $300,000 | 14% |
South Loop | 89 | 98 | -9.2% | $335,000 | $309,500 | 8.2% |
Greektown | 2 | 3 | -33.3% | $335,000 | $632,500 | -47% |
McKinley Park | 10 | 6 | 66.7% | $334,000 | $287,500 | 16.2% |
Edison Park | 23 | 23 | 0% | $330,000 | $370,000 | -10.8% |