From January through March of 2019, there were 21 homes sold, with a median sale price of $385,000 - a 8.1% increase over the $356,000 median sale price for the same period of the previous year. There were 17 homes sold in West Loop in the first quarter of 2018.
The median sales tax in West Loop for the most recent year with available data, 2018, was $5,201, approximately 1.4% of the median home sale price for the first quarter of 2019.
The following table compares West Loop to other Chicago neighborhood with similar median sales prices in the first quarter of 2019:
Neighborhood | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sauganash | 23 | 33 | -30.3% | $415,000 | $302,500 | 37.2% |
Andersonville | 28 | 44 | -36.4% | $403,250 | $407,500 | -1% |
Ravenswood | 52 | 86 | -39.5% | $399,500 | $324,250 | 23.2% |
Goose Island | 18 | 23 | -21.7% | $395,000 | $442,500 | -10.7% |
Logan Square | 159 | 163 | -2.5% | $392,000 | $417,000 | -6% |
West Loop | 21 | 17 | 23.5% | $385,000 | $356,000 | 8.1% |
University Village / Little Italy | 20 | 29 | -31% | $383,500 | $297,500 | 28.9% |
Near West Side | 65 | 78 | -16.7% | $375,000 | $350,500 | 7% |
Avondale | 57 | 58 | -1.7% | $351,500 | $394,500 | -10.9% |
Irving Park | 77 | 66 | 16.7% | $340,000 | $388,250 | -12.4% |
South Loop | 152 | 154 | -1.3% | $335,000 | $310,000 | 8.1% |