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Kane County Reporter

Tuesday, November 19, 2024

Prestbury home prices fall in May 2019

Realestate1

The median sale price of a home sold in May 2019 in Prestbury fell by $10,750 while total sales decreased by 12.5%, according to BlockShopper.com.

In May 2019, there were seven homes sold, with a median sale price of $257,000 - a 4% decrease over the $267,750 median sale price for the same period of the previous year. There were eight homes sold in Prestbury in May 2018.

The median sales tax in Prestbury for the most recent year with available data, 2017, was $7,459, approximately 2.9% of the median home sale price for May 2019.

The following table compares Prestbury to other Kane County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Bowes10-$285,000$0-
Gilberts1317-23.5%$277,500$265,0004.7%
Batavia3647-23.4%$275,000$310,000-11.3%
Sugar Grove1819-5.3%$273,000$263,0003.8%
Elburn1214-14.3%$257,250$252,5001.9%
Prestbury78-12.5%$257,000$267,750-4%
Almora Heights10-$250,000$0-
South Elgin3236-11.1%$249,150$222,62511.9%
Elgin114121-5.8%$235,250$195,00020.6%
Huntley1923-17.4%$235,000$250,000-6%
Big Rock12-50%$225,000$240,504-6.4%

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