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Dupage Policy Journal

Monday, November 25, 2024

Burr Ridge (DuPage County) home prices fall in April 2017

Realestate077

The median sale price of a home sold in April 2017 in Burr Ridge in DuPage County fell by $178,750 while total sales decreased by 42.9%, according to BlockShopper.com.

In April 2017, there were four homes sold, with a median sale price of $571,250 - a 23.8% decrease over the $750,000 median sale price for the same period of the previous year. There were seven homes sold in Burr Ridge in April 2016.

The median sales tax in Burr Ridge for 2017 was $10,708.26. In 2016, the median sales tax was $10,336.70. This marks an increase of 3.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Burr Ridge to other DuPage County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Hinsdale302330.4%$892,000$775,00015.1%
Oak Brook136116.7%$760,000$625,00021.6%
Clarendon Hills211540%$710,000$398,00078.4%
Burr Ridge47-42.9%$571,250$750,000-23.8%
Wayne12-50%$487,500$442,50010.2%
Medinah12-50%$450,000$299,00050.5%
Glen Ellyn3850-24%$389,250$390,000-0.2%
Elmhurst665911.9%$381,250$397,500-4.1%
Glenbard South27-71.4%$355,000$354,0000.3%
Naperville1401289.4%$340,500$347,000-1.9%
Downers Grove786618.2%$312,000$280,75011.1%
* This story only considers sales data for the part of Burr Ridge that is in DuPage County.

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