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Friday, April 26, 2024

Gold Coast home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Gold Coast, a Chicago neighborhood, fell by $138,500 while total sales decreased by 35.6%, according to BlockShopper.com.

In June 2019, there were 94 homes sold, with a median sale price of $270,750 - a 33.8% decrease over the $409,250 median sale price for the same period of the previous year. There were 146 homes sold in Gold Coast in June 2018.

The median sales tax in Gold Coast for the most recent year with available data, 2018, was $5,994, approximately 2.2% of the median home sale price for June 2019.

The following table compares Gold Coast to other Chicago neighborhood with similar median sales prices in June 2019:

NeighborhoodJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Andersonville 191618.8%$290,000$333,250-13%
Union Ridge14140%$287,500$299,750-4.1%
Galewood413-69.2%$285,000$294,000-3.1%
Dunning5471-23.9%$279,000$275,0001.5%
Pilsen811-27.3%$274,000$350,000-21.7%
Gold Coast94146-35.6%$270,750$409,250-33.8%
Belmont/Cragin38365.6%$267,500$291,000-8.1%
Forest Glen42100%$264,500$307,500-14%
Uptown5456-3.6%$261,250$299,500-12.8%
North Mayfair6450%$256,000$139,50083.5%
Mount Greenwood251838.9%$255,000$231,00010.4%

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