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Wednesday, November 27, 2024

Burr Ridge (Cook County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Burr Ridge in Cook County fell by $55,000 while total sales decreased by 63.6%, according to BlockShopper.com.

In June 2019, there were four homes sold, with a median sale price of $375,000 - a 12.8% decrease over the $430,000 median sale price for the same period of the previous year. There were 11 homes sold in Burr Ridge in June 2018.

The median sales tax in Burr Ridge for the most recent year with available data, 2018, was $9,678, approximately 2.6% of the median home sale price for June 2019.

The following table compares Burr Ridge to other Cook County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Park Ridge68663%$420,000$413,7501.5%
Glenview101106-4.7%$417,000$413,0001%
Riverside181520%$412,500$460,000-10.3%
Northbrook West30-$405,000$0-
La Grange Park1925-24%$385,000$364,0005.8%
Burr Ridge411-63.6%$375,000$430,000-12.8%
La Grange Highlands67-14.3%$368,000$359,0002.5%
Evanston113148-23.6%$351,000$320,5009.5%
Lemont2945-35.6%$350,000$375,000-6.7%
Oak Park80146-45.2%$340,000$403,000-15.6%
Norridge1825-28%$336,750$309,0009%
* This story only considers sales data for the part of Burr Ridge that is in Cook County.

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