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Kane County Reporter

Tuesday, November 26, 2024

Pingree Grove home prices fall in the third quarter of 2018

Realestate077

The median sale price of a home sold in the third quarter of 2018 in Pingree Grove fell by $16,650 while total sales increased by 5.9%, according to BlockShopper.com.

From July through September of 2018, there were 54 homes sold, with a median sale price of $200,250 - a 7.7% decrease over the $216,900 median sale price for the same period of the previous year. There were 51 homes sold in Pingree Grove in the third quarter of 2017.

The median sales tax in Pingree Grove for the most recent year with available data, 2017, was $6,184.10, approximately 3.1% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Marywood3250%$241,000$183,29731.5%
Sugar Grove4576-40.8%$240,000$253,500-5.3%
Huntley5265-20%$239,500$242,500-1.2%
Burlington12-50%$212,500$168,00026.5%
Gilberts393030%$212,000$198,2506.9%
Pingree Grove54515.9%$200,250$216,900-7.7%
Maple Park660%$199,250$177,50012.3%
Elgin374391-4.3%$197,600$183,5007.7%
Montgomery4044-9.1%$195,000$167,50016.4%
Five Island Park13-66.7%$180,000$170,0005.9%
East Dundee1920-5%$180,000$191,000-5.8%

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