Downers Grove home prices fall in February 2020
The median sale price of a home sold in February 2020 in Downers Grove fell by $15,000 while total sales increased by 7.4%, according to BlockShopper.com.
In February 2020, there were 29 homes sold, with a median sale price of $335,000 - a 4.3% decrease over the $350,000 median sale price for the same period of the previous year. There were 27 homes sold in Downers Grove in February 2019.
The median sales tax in Downers Grove for the most recent year with available data, 2018, was $6,093, approximately 1.8% of the median home sale price for February 2020.
The following table compares Downers Grove to other DuPage County cities with similar median sales prices in February 2020:
| City | Feb. 2020 Home Sales | Feb. 2019 Home Sales | % change (Total Home Sales) | Feb. 2020 Median Sales Price | Feb. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oak Brook | 4 | 1 | 300% | $738,500 | $670,000 | 10.2% |
| Burr Ridge | 6 | 3 | 100% | $448,750 | $450,000 | -0.3% |
| Elmhurst | 36 | 34 | 5.9% | $435,000 | $386,250 | 12.6% |
| Winfield | 4 | 4 | 0% | $383,500 | $282,500 | 35.8% |
| Itasca | 5 | 2 | 150% | $377,500 | $501,500 | -24.7% |
| Downers Grove | 29 | 27 | 7.4% | $335,000 | $350,000 | -4.3% |
| Bolingbrook | 1 | 1 | 0% | $325,000 | $302,500 | 7.4% |
| Naperville | 57 | 47 | 21.3% | $323,000 | $320,000 | 0.9% |
| Glenbard South | 1 | 2 | -50% | $320,000 | $333,000 | -3.9% |
| Clarendon Hills | 10 | 3 | 233.3% | $319,000 | $353,000 | -9.6% |
| West Chicago | 12 | 13 | -7.7% | $315,000 | $262,000 | 20.2% |