Lisle home prices fall in the second quarter of 2017

Lisle home prices fall in the second quarter of 2017

The median sale price of a home sold in the second quarter of 2017 in Lisle fell by $10,000 while total sales increased by 23.2%, according to BlockShopper.com.

From April through June of 2017, there were 117 homes sold, with a median sale price of $310,000 – a 3.1% decrease over the $320,000 median sale price for the same period of the previous year. There were 95 homes sold in Lisle in the second quarter of 2016.

The median sales tax in Lisle for 2017 was $7,030.40. In 2016, the median sales tax was $6,883.10. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Lisle to other DuPage County cities with similar median sales prices in the second quarter of 2017:

City Apr. – June 2017 Home Sales Apr. – June 2016 Home Sales % change (Total Home Sales) Apr. – June 2017 Median Sales Price Apr. – June 2016 Median Sales Price % change (Median Sales Price)
Elmhurst 276 222 24.3% $385,000 $395,000 -2.5%
Glenbard South 19 19 0% $375,000 $350,000 7.1%
Medinah 7 8 -12.5% $365,000 $323,500 12.8%
Naperville 545 520 4.8% $345,000 $340,000 1.5%
Downers Grove 294 259 13.5% $341,000 $300,000 13.7%
Lisle 117 95 23.2% $310,000 $320,000 -3.1%
Wheaton 281 270 4.1% $310,000 $310,000 0%
Winfield 40 27 48.1% $298,250 $302,000 -1.2%
Darien 101 134 -24.6% $270,000 $271,000 -0.4%
Bartlett 138 142 -2.8% $267,000 $260,000 2.7%
Woodridge 127 99 28.3% $265,000 $247,500 7.1%


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