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Kane County Reporter

Sunday, November 24, 2024

Prestbury home prices fall in January 2017

Re 3

The median sale price of a home sold in January 2017 in Prestbury fell by $19,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2017, there were two homes sold, with a median sale price of $272,500 - a 6.7% decrease over the $292,000 median sale price for the same period of the previous year. There were three homes sold in Prestbury in January 2016.

The median sales tax in Prestbury for 2017 was $7,458.72. In 2016, the median sales tax was $7,334.30. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Prestbury to other Kane County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Wayne10-$355,000$0-
Lily Lake30-$325,000$0-
Geneva30287.1%$301,250$300,0000.4%
Batavia312147.6%$282,500$267,5005.6%
Sugar Grove1012-16.7%$273,250$267,7502.1%
Prestbury23-33.3%$272,500$292,000-6.7%
Sleepy Hollow70-$250,000$0-
Kaneville110%$233,000$208,10012%
North Aurora221637.5%$230,000$193,00019.2%
St. Charles2326-11.5%$228,000$197,75015.3%
Huntley1214-14.3%$196,862.50$187,9504.7%

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