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Kane County Reporter

Tuesday, November 26, 2024

Prestbury home prices rise in the first quarter of 2018

Realestate2

The median sale price of a home sold in the first quarter of 2018 in Prestbury rose by $17,491 while total sales decreased by 22.2%, according to BlockShopper.com.

From January through March of 2018, there were seven homes sold, with a median sale price of $266,500 - a 7% increase over the $249,009 median sale price for the same period of the previous year. There were nine homes sold in Prestbury in the first quarter of 2017.

The median sales tax in Prestbury for the most recent year with available data, 2017, was $7,458.70, approximately 2.8% of the median home sale price for the first quarter of 2018.

The following table compares Prestbury to other Kane County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Batavia7183-14.5%$297,000$280,0006.1%
St. Charles101965.2%$275,000$263,7504.3%
Lily Lake660%$274,000$278,450-1.6%
Algonquin1927-29.6%$271,500$190,05042.9%
Elburn282133.3%$266,500$195,00036.7%
Prestbury79-22.2%$266,500$249,0097%
North Aurora595213.5%$250,000$214,50016.6%
Sugar Grove2831-9.7%$247,500$284,000-12.9%
Sleepy Hollow1013-23.1%$242,000$250,000-3.2%
Novak Park13-66.7%$240,000$410,100-41.5%
West Dundee252213.6%$239,000$237,5000.6%

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