Darien home prices fall in the first quarter of 2020

Darien home prices fall in the first quarter of 2020
By Metric Media News Service

The median sale price of a home sold in the first quarter of 2020 in Darien fell by $15,750 while total sales increased by 49.2%, according to BlockShopper.com.

From January through March of 2020, there were 94 homes sold, with a median sale price of $261,250 - a 5.7% decrease over the $277,000 median sale price for the same period of the previous year. There were 63 homes sold in Darien in the first quarter of 2019.

The median sales tax in Darien for the most recent year with available data, 2018, was $6,101, approximately 2.3% of the median home sale price for the first quarter of 2020.

The following table compares Darien to other DuPage County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Bolingbrook7475%$275,000$318,750-13.7%
Itasca291593.3%$275,000$265,0003.8%
Bartlett60600%$270,000$266,0001.5%
Winfield181520%$265,000$290,000-8.6%
Bloomingdale5661-8.2%$262,500$243,0008%
Darien946349.2%$261,250$277,000-5.7%
Lombard12810521.9%$245,000$240,0002.1%
Woodridge695330.2%$236,000$257,000-8.2%
Willowbrook4120105%$235,000$186,25026.2%
Villa Park584334.9%$233,500$233,0000.2%
Oakbrook Terrace31200%$231,000$200,00015.5%


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