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Monday, November 25, 2024

Posen home prices fall in February 2018

Re 13

The median sale price of a home sold in February 2018 in Posen fell by $2,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In February 2018, there were five homes sold, with a median sale price of $111,500 - a 1.8% decrease over the $113,500 median sale price for the same period of the previous year. There were six homes sold in Posen in February 2017.

The median sales tax in Posen for the most recent year with available data, 2017, was $2,587, approximately 2.3% of the median home sale price for February 2018.

The following table compares Posen to other Cook County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Merrionette Park110%$122,000$145,000-15.9%
Indian Head Park34-25%$121,500$303,000-59.9%
Maywood16160%$115,500$94,50022.2%
Chicago Ridge1318-27.8%$115,000$98,50016.8%
Country Club Hills321877.8%$111,925$71,00057.6%
Posen56-16.7%$111,500$113,500-1.8%
Crestwood1517-11.8%$99,000$102,000-2.9%
Elmhurst110%$95,500$239,000-60%
Midlothian15966.7%$86,500$120,000-27.9%
Dolton2728-3.6%$85,500$40,000113.8%
Stone Park10-$80,000$0-

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