Addison home prices fall in August 2019

Addison home prices fall in August 2019
By Metric Media News Service

The median sale price of a home sold in August 2019 in Addison fell by $17,000 while total sales increased by 44.8%, according to BlockShopper.com.

In August 2019, there were 42 homes sold, with a median sale price of $240,000 - a 6.6% decrease over the $257,000 median sale price for the same period of the previous year. There were 29 homes sold in Addison in August 2018.

The median sales tax in Addison for the most recent year with available data, 2018, was $5,372, approximately 2.2% of the median home sale price for August 2019.

The following table compares Addison to other DuPage County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Woodridge413132.3%$255,000$257,000-0.8%
Bensenville12119.1%$251,250$188,00033.6%
Lombard5560-8.3%$250,000$246,0001.6%
Wood Dale251931.6%$249,000$215,00015.8%
Westmont2930-3.3%$245,000$282,500-13.3%
Addison422944.8%$240,000$257,000-6.6%
Hanover Park1923-17.4%$228,000$160,00042.5%
West Chicago1929-34.5%$220,000$215,0002.3%
Warrenville2223-4.3%$216,750$220,000-1.5%
St. Charles10-$215,000$0-
Aurora88109-19.3%$215,000$237,000-9.3%


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